Arab banks’ assets moving over $3.5 trillion – official
Banking assets in the Arab world currently exceed $3.5 trillion, equivalent to 140 percent of gross domestic…
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Arab banks
Arab banks’ ties to foreign banks under pressure, AMF survey
More than a third of Arab banks have seen their business links with foreign banks shrink over the past four years…
Energy Minister Urges Arab Banks to Invest in Lebanon’s Oil Sector
Gebran Bassil, Minister of Energy and Water, Lebanon has called the Arab banks to invest in Lebanon’s oil sector.…
Arab Banks’ Assets Have Exceeded US$2.7 Tln; Says Barakat
By virtue of a strong financial position, liquidity and profitability, the Arab banks attained average growth rates…
Foreign Banks Hold US$ 800 Bln Of Arab Funds: Economic Expert
Dr. Salah Gouda, Economic Adviser to the European Commission, stated that the value of Arab funds held by foreign…
Egyptian Banks Posted 3.9% Growth Rate In H1: Adnan Youssef
Adnan Youssef, chairman of the Union of Arab Banks, announced that 80 Arab banks are listed among the top 1000…
Arab Banks’ Profit To Hit $38bn By 2012-End
Arab banks are expected to post net profits of $38 billion by end of 2012 financial year, a three per cent increase…
Barclays Expands Corporate Banking In Arab Gulf Region
Barclays Bank PLC announced that it is continuing to expand its corporate banking offering through the expansion of…
SFD Financed More Than 18,000 SMEs In 2011
Social Fund for Development (SFD) has increased finances to small and medium enterprises (SMEs) by 250%,…
NBE Offers EGP 1.2 Bln For Micro-Enterprises
Soha Soliman, head of financing SMEs department at National Bank of Egypt (NBE), said the Bank targets expanding in…
“Bedaya” Provides EGP 500 Mln To SMEs
Reem El-Saedy, chief executive officer of entrepreneurship department at General Authority for Investment (GAFI),…
Fattouh: Financing Gap in Arab Countries Reached $140 Bln
Wissam Fattouh, general secretary of Union of Arab Banks, said the latest statistics of International Finance…
Union Of Arab Banks Launches Conference To Support SMEs
Union of Arab Banks has inaugurated today the Arab Banking Conference which is organized in collaboration with…
Union of Arab Banks Approves Regional Expansion and International Partnership
Union of Arab Banks (UAB) held today its annual general assembly at the sidelines of the Arab banking Conference…
Tarek Amer: Egyptian Economy Is Able To Grow Again
Tarek Amer, Chairman of Federation of Egyptian Banks and National Bank of Egypt, said that Egyptian economy has all…
Omani Banks Revenues Surge 11% In 2011
The banking industry in Oman witnessed 11 per cent increase in revenues in 2011. Bank profits saw a more modest…
Arab Banking Conference Launches Today In Abu Dhabi
The Arab Banking Conference 2012 inaugurates Today April 11, in Rotana Beach Hotel in Abu Dhabi, organized by Union…