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Banks
U.K. Inflation Slows On Need For More Stimulus
U.K. inflation slowed more than economists forecast in April, cooling to a level that relieves Bank of England…
Oman To Issue 10-Yr Bonds Soon
The Central Bank of Oman (CBO) announced the new 40th issue of Government development bonds. The size of the new…
National Bank of Oman To Offer Islamic Banking Services
National Bank of Oman (NBO), the first local bank in the country, said that it is well…
KSA’s Banks To Sell Dollar Bonds
Saudi Arabia's banks may follow Banque Saudi Fransi and sell bonds denominated in dollars to better meet the…
SFD Signs EGP 120 Mln Franchise Finance Contracts
Social Fund for Development (SFD) is signing franchise finance contracts with value of EGP 120 million with…
IDBE’s SMEs Loans Rose To EGP 250 Mln
Industrial Development and Workers Bank of Egypt’s SMEs loans portfolio surged by EGP 106 million, registering EGP…
Banque Misr’s Car Loans Reaches EGP 200 Mln
Banque Misr’s car finances rose to EGP 200 million at the end of last April and “White Taxi” finances registered…
Qatari Barwa Bank Invests In Brazil WTC
TFI-Hines Brazil Income Real Estate Fund, a joint initiative of Barwa Bank subsidiary, The First Investor (TFI),…
Bank Muscat Raises RO38.5 Mln From Oman’s First Money Market Mutual Fund
Bank Muscat, the largest financial services provider in Oman, is aiming to raise up to RO38.5mn from the…
JPMorgan Veered From Hedging Rules
JPMorgan Chase & Co. (JPM)’s biggest U.S. competitors say their corporate investment offices avoid the use of…