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Export Development Bank’s Net Profit Hit EGP 107.7 Mln At End-Q1 2013
The Export Development Bank of Egypt’s (EDBE) unconsolidated net profit rose 52.3% (EGP 36.9 million) to reach EGP…
Egypt Receives $3 Bln Qatari deposit At 3.5%: Official
Egypt received a $3 billion deposit from Qatar on Thursday, a central bank official said on Sunday, shoring up…
Egypt’s Economic Reform Plan Requires Upper House Approval
The Egyptian government will not amend the economic reform plan submitted to the International Monetary Fund (IMF),…
Visa Inc. Reports Fiscal Second Quarter 2013 Net Income of $1.3 billion or $1.92 per…
Visa Inc. (NYSE: V) today announced financial results for the Company's fiscal second quarter 2013 ended March 31,…
Net Income of Al Baraka Banking Group Jumped by 15% to US$66 Million
The Bahrain based leading Islamic banking group, Al Baraka Banking Group B.S.C (ABG) announced that its net income…
IDB’s Agreements With Egypt’s Govt. Valued At US$ 8.1 Bln
Zain Zahran, executive director of Islamic Development Bank, has revealed that the total value of agreements signed…
Egypt’s Finance Unveils 3 Projects To Be Financed Through Sukuk
The Ministry of Finance has started three projects that will be financed through sukuk which are Ain Shams-10th of…
Islamic Development Bank Signs Finance Contracts Worth US$ 920 Mln With Egypt
The Islamic Development Bank (IDB) plans to provide Egypt with US$ 920 million worth of finances; of which US$ 800…
Egypt FinMin Says Sukuk Crucial Step Towards Sustainable Development
The Egyptian Minister of Finance Fayad Abdel Monem stated that issuing sukuk (Islamic bonds) is an important step…
Bank Muscat Says Mulling Options To Recover Card Fraud Money
Bank Muscat, the main victim of a $45 million global cyber heist, is examining all options to recover the money it…