Bankdhofar Placed Among Top 10 GCC Performing Banks
BankDhofar has been named one of the top ten performing banks in the Gulf Cooperation Council (GCC) by the Gulf…
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Banks
HSBC Warns Money-Laundering Fines Could Top $1.5bn
HSBC is braced for fines from the US authorities of at least $1.5bn (£940m) – one of the largest in the financial…
Loans Help Egypt FX Reserves Climb $441 Mln In October
Egypt's foreign reserves rose by $441 million in October after loans from Qatar and Turkey helped shore up state…
Yields Dip At Egypt Auction Of 3 And 7-Year Bonds
Yields fell at an auction of 1.5 billion Egyptian pounds ($245.8 million) of reopened three- and seven-year bonds…
IMF Recommends Govt Let Pound Float, Officials Deny Devaluation Talk
An October report from IMF’s Tokyo meeting, which Egyptian officials attended, recommends that the government allow…
HSBC Israel Chief Steps Down
HSBC Israel's CEO Yehuda Levi is stepping down, Calcalist has learned. Levi, who has headed HSBC Israel since its…
‘Sohar Islamic’ From Bank Sohar Supports Islamic Banking Forum
Bank Sohar is firmly positioned itself on the leading edge of Oman's emerging Islamic banking industry by…
Muscat Islamic Finance Forum Opens
The Muscat International Islamic Finance Forum kicked off yesterday providing a unique platform for industry…
Egyptian 91-Day T-Bill Yield Climbs For Third Week
The average yield on Egyptian 91-day T-bills inched up for a third week on Sunday, but the yield on 273-day bills…
Abu Dhabi Commercial Bank Allies With Banco Santander
Abu Dhabi Commercial Bank (ADCB) and Banco Santander, Europe's largest Bank by market capitalization, have signed a…