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Banks
Banque Du Caire Issues EGP 240 Mln Letters Of Credit To ERC
Banque Du Caire has signed, last Thursday, a contract with the Egyptian Refining Company (ERC), a subsidiary of…
Moody’s Warns Spanish Banks Are Vulnerable
An effort by Spain to restore confidence in its financial system with measures including additional loss…
JPMorgan Executives Expected to Quit
Three top executives involved with a failed hedging strategy that cost JPMorgan Chase & Co at least $2 billion…
ENBD Asset Management Funds Report Robust Performance In Q1
Emirates NBD Asset Management, the asset management arm of Emirates NBD, a leading bank in the region, announced…
CI Capital Upgrades Credit Agricole Egypt To “Hold”
Credit Agricole Egypt's quarterly profit got a boost from a rise in the bank's net interest income, and beat the…
Qatar To Set Up An Islamic Bank
The Qatari government plans to set up Islamic bank with a paid-up capital of US$ 1 billion. The government…
Credit Agricole Egypt Q1 Net Profit Posts EGP 126,970
Credit Agricole Egypt - (CIEB) reported consolidated financial results posting a net profit of EGP 126,970 for the…
CBE Sells 273-and 91-Day T-Bills For 4 Bln
Average yields rose on treasury bills auctioned by Central Bank of Egypt on Sunday and the bank said it…
Commercial Bank of Kuwait Q1 PPOP Posts KD 22.4 Mln
Commercial Bank of Kuwait announced an operating profit before provisions of KD 22.403 million for the period from…
Banque Misr Profits Expected To Post EGP 520 Mln
Central Bank of Egypt (CBE) will approve the financial results of Banque Misr for the FY 2010/2011 ended in June…