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Mauritius’ Central Bank Advises Banks To Reduce Exposure To Euro Zone
Mauritius’ central bank advised domestic lenders to minimize their exposure to the euro zone as the currency slumps…
HSBC Receives Official Approval For Oman Merger
HSBC Holdings (HSBA.L) has received formal regulatory approval to merge its business in Oman with local lender Oman…
CBE Offers EGP 3 Bln T-Bills Today
Central Bank of Egypt (CBE) will offer EGP 3 billion ($496 million) of treasury bills today after a verdict in…
United Bank Signs EGP 75 Mln Islamic Contract With SFD
United Bank will sign an Islamic finance contract with value of EGP 75 million with Social Fund for Development…
NBD Manages Islamic Syndicated Loan To Iron Factory
Banque Misr and Bank Audi, lead arrangers of the EGP 900 million Sharia-compliant loan offered to Egyptians Factory…
United Bank’s Loans Up EGP 500 Mln
United Bank’s loans and credit facilities portfolio soared by EGP 500 million, registering EGP 3.5 billion at the…
MOF Offers PBDAC EGP 2.3 Bln for Local Wheat Purchase
Ministry of Finance offered EGP 350 million last Thursday to Principal Bank for Development and Agricultural Credit…
Lebanese BankMed Q1 Net Profit Up $29 Mln
Lebanese BankMed’s consolidated net profit increased to $29.1 million in the first quarter of 2012, up by 13.9%…
UAE’s Banks Not To Be Affected By Global Financial Crisis: Central Bank
The UAE's banks won’t be adversely impacted by the turmoil roiling international markets, the country’s central…
German Merkel Rejects Joint Debt Sharing
German Chancellor Angela Merkel hardened her opposition to joint debt sharing in the euro region as President…
