Money Egypt’s Al Baraka Bank may borrow $55mln from IFC Sama Mousa Aug 2, 2023 0 Al Baraka Bank is considering borrowing a loan of $55 million from the International Finance Corporation (IFC) to…
Banks Al Baraka bank earnings increase by 20.6% in Q1 of 2023 Sama Mousa May 15, 2023 0 Al Baraka Bank-Egypt announced on Monday that it has witnessed an increase in its net earnings by 20.6 percent…
Money Al Baraka Bank – Egypt 2022 pretax profit hits EGP 2.655 bln mohamed Hamdy Feb 19, 2023 0 Al Baraka Bank – Egypt reported on Sunday profit before tax of 2.655 billion Egyptian pounds ($87.1 million) during…
Money Al Baraka Group names Houssem Ben Haj Amor new CEO Amwal Al Ghad English Oct 24, 2022 0 Al Baraka Group B.S.C, headquartered in Bahrain, announced on Monday its board’s approval to appoint Houssem Ben…
Money Al Baraka Banking Group shifts to category 1 Islamic investment firm licence Amwal Al Ghad English Jul 27, 2022 0 Al Baraka Banking Group B.S.C. (ABG) has converted its current Islamic Wholesale Bank licence in Bahrain to a…
Money Al Baraka Bank Egypt names Hazem Hegazy as CEO mohamed Hamdy Aug 24, 2021 0 Al Baraka Bank Egypt, part of Bahraini Islamic lender Al Baraka Group, said on Tuesday its board had chosen Hazem…
Money Al Baraka Bank – Egypt gets financial regulator approval for capital raise Amwal Al Ghad English Mar 10, 2021 0 Egypt's Financial Regulatory Authority (FRA) approved on Tuesday the publication of a disclosure form submitted by…
Money Al Baraka Bank 9-month net income hits $132 million Yomna Yasser Nov 3, 2019 0 Al Baraka Banking Group BSC (ABG), a Bahrain-based leading Islamic banking group, achieved a net income of $132…
Banks Al Baraka Bank to develop new HQ in Egypt’s new capital: official Yomna Yasser Apr 19, 2018 0 Al Baraka Bank Egypt, part of Bahraini Islamic lender Al Baraka Group, plans to build a new headquarters in Egypt’s…
Banks Al Baraka group launches Moroccan BTI Bank aya salah Jan 3, 2018 0 Al Baraka Banking Group (ABG), the leading multinational Islamic Banking Group, the Moroccan Bank for Foreign…
Banks Al Baraka Bank, Flat6Labs sign MoU to support entrepreneurs and start-ups Yomna Yasser May 16, 2017 0 Al Baraka Banking Group (B.S.C) and Flat6Labs have signed an MOU to collaborate in a series of activities including…
Banks Al Baraka Bank planning new joint financing for power, telecoms projects in Egypt Yomna Yasser Oct 30, 2016 0 Al Baraka Bank Egypt, part of Bahraini Al Baraka Banking Group, is planning to pump 500 million Egyptian pounds…
Banks Al Baraka Bank earmarks $112.6 mln for energy, Suez Canal projects in 2016 Yomna Yasser Aug 15, 2016 0 Al Baraka Bank Egypt, part of Bahraini Al Baraka Banking Group, is planning to pump one billion Egyptian pounds…
Banks Al Baraka Egypt secures Islamic Development Bank $5.6mn SME credit line Yomna Yasser Aug 13, 2016 0 Al Baraka Bank Egypt, part of Bahraini Al Baraka Banking Group, has secured the Islamic Development Bank’s (IDB)…
Banks Al Baraka Bank Egypt: H1 customers’ deposits surge to $143.3 mln Yomna Yasser Aug 6, 2016 0 Al Baraka Bank Egypt, part of Bahrain’s Al Baraka Banking Group, says customers’ deposits compliant to the Shariah…
Banks Al Baraka Bank H1 net profit up to $28.7 mln in Egypt Yomna Yasser Aug 4, 2016 0 Al Baraka Bank Egypt, part of Bahrain’s Al Baraka Banking Group, reported a first half net profit worth 255.390…
Banks Al Baraka Egypt Income climbs 21% Yomna Yasser May 13, 2015 0 Al Baraka Bank Egypt, a subsidiary banking unit of Al Baraka Banking Group (ABG) and its investment arm in Egypt,…
Financial Institutions Egyptian Saudi Insurance House Assigns Al Baraka Bank to Receive its Underwrite Salma Ayman Oct 11, 2014 0 Egyptian Saudi Insurance House Managing Director Abdel-Raouf Kotb revealed that his company is contracting with Al…
Banks Al Baraka Egypt Raises Capital To EGP 813.6 Mln Administrator Feb 24, 2013 0 Al Baraka Bank of Egypt’s ordinary general assembly approved its meeting yesterday to increase the bank’s capital…
Banks Al Baraka Egypt To Increase Corporate Finances To EGP 8 Bln In 2013 Administrator Feb 14, 2013 0 Al Baraka Bank of Egypt targets to raise corporate finance by 15% to reach EGP 8 billion by the end of 2013,…
Banks Al Baraka Egypt Eyes 20% Profit Increase In 2013 Administrator Feb 9, 2013 0 Al Baraka Bank of Egypt targets to raise profits by 20% this year, after achieving profit of EGP 135.7 million at…
Banks Al Baraka Bank Targets to Raise Deposits To EGP 16.5 Bln In 2013 Administrator Feb 3, 2013 0 Al Baraka Bank of Egypt targets to increase the deposit portfolio by 15% to reach EGP 16.5 billion by the end of…
Banks Al Baraka Bank Eyes 20% Increase In SME Finances In 2013 Administrator Jan 30, 2013 0 Al Baraka Bank of Egypt plans to launch a Musharaka SME Finance program in the next month after the bank signed a…
Banks Al Baraka Bank Launches New Deposit Account Scheme To Attract Dollar Liquidity Administrator Jan 28, 2013 0 Al Baraka Bank of Egypt is set to launch a new savings pool to encourage individuals to transfer their dollar funds…
Banks Al Baraka Bank Egypt’s Net Profit Hit EGP 135 Mln In 2012 Administrator Jan 21, 2013 0 Al Baraka Bank of Egypt’s net profit surged to EGP 135.7 million at the end of 2012, compared to EGP 100.1 million…
Banks Al Baraka, Bank Audi Join Consortium Funding El Marakby Administrator Jan 14, 2013 0 Al Baraka Bank of Egypt and Bank Audi Egypt have joined the banking consortium led by the National Bank of Egypt…
Banks Al Baraka Egypt Raises Corporate Finances To EGP 10 Bln In 2013 Administrator Dec 26, 2012 0 Al Baraka Bank of Egypt’s corporate finances reached EGP 8 billion at the end of last November, registering an…
Banks Al Baraka To Move All Departments To El-Tagamu El-Khames In 2014 Administrator Dec 23, 2012 0 Al Baraka Bank of Egypt targets to move all departments to the new headquarters in El-Tagamu El-Khames (fifth…
Banks Al Baraka Bank Egypt Launches Musharaka For SMEs Next January Administrator Dec 20, 2012 0 Al Baraka Bank of Egypt plans to offer Musharaka finance for small and medium enterprises (SMEs) by next January by…
Banks Al Baraka Bank Egypt Eyes EGP 143 Mln Net Profit In 2013 Administrator Dec 17, 2012 0 Al Baraka Bank of Egypt targets to achieve net profit of EGP 143 million in 2013, compared to expected net profit…
Banks Al Baraka Banking Group Announces Promotions Among Members Of Executive Management Administrator Dec 4, 2012 0 The Bahrain based leading Islamic banking group, Al Baraka Banking Group B.S.C (ABG) announced promotions among…
Banks Al Baraka’s Finances Hit EGP 6.531 Bln At End Of September Administrator Nov 12, 2012 0 Al Baraka Bank Egypt’s portfolio of Murabaha, Mudaraba and Musharaka stood at EGP 6.531 billion at the end of last…
Banks Al Baraka Seeks To Inject Sharia-Compliant EGP 100 Mln To MAF Loan Administrator Nov 12, 2012 0 Al Baraka Bank Egypt conducts negotiations with the National Bank of Egypt (NBE) and Banque Misr to contribute EGP…
Banks Al Baraka Bank Buys New Headquarters In El Tagamu El Khames Administrator Oct 17, 2012 0 Al Baraka Bank Egypt signed a contract to purchase a new headquarters in Teseen Road in El Tagamu El Khames (fifth…
Banks ABG Egypt and World Bank to Offer Micro-Finance in Egypt Amwal Al Ghad English Aug 18, 2012 0 In line with the Bahrain-based Al Baraka Banking Group’s strategy to enhance the role of its subsidiaries in the…
Banks Al Baraka Egypt Eyes EGP 2 Bln Increase In Deposits In 2012 Administrator Aug 8, 2012 0 Al Baraka Bank Egypt targets to increase the value of the deposit portfolio to EGP 15 billion by the end of 2012,…
Banks Al Baraka Islamic Bank’s FSR Rating Affirmed At ‘BB’ Administrator Jun 21, 2012 0 Capital Intelligence (CI), the international credit rating agency, announced that it has affirmed Bahrain-based Al…
Banks World Bank, Al Baraka Bank Launch Islamic Finance Initiatives Administrator Jun 4, 2012 0 The World Bank and Bahrain-based Al Baraka Banking Group have joined hands to launch joint programs under a new…
Banks Al Baraka Banking Group Is A Platinum Sponsor Of AAOIFI Conference Amwal Al Ghad English Apr 11, 2012 0 The Bahrain based leading Islamic banking group Al Baraka Banking Group (ABG), announced that, it would be taking…
Banks Jordan Islamic Bank’s Achieves USD 55.99 mln Profits In 2011 Administrator Apr 1, 2012 0 Jordan Islamic bank (JIB), one of the subsidiary banking units of Al Baraka Banking Group, achieved net profits…