MENA: Egypt settles $1bn debt to Turkey, pays off Libya $250mn
Egypt has paid off the final instalment, worth $200 million, of a $1 billion loan it took out from Turkey in 2012…
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Egypt’s Faisal Islamic Bank lining up for capital increase to $366.8 million
Egyptian Exchange approved Wednesday to list Faisal Islamic Bank's issued and paid-up capital increase to $366.8…
Egypt’s financial situation stronger now than before 2010: CBE governor
Central Bank of Egypt Governor Tarek Amer said on Tuesday that Egypt’s financial status is currently stronger…
The Bank of Japan keeps its monetary policy steady
Bank of Japan said Tuesday it is holding its monetary policy steady, even as its peers in the U.S. and Europe begin…
Fawry negotiates with banks to collect monthly installments in Egypt
Egypt's electronic payment provider Fawry says it is negotiating with a number of banks to provide the monthly…
NBK Egypt reports net profit worth 1.16 billion pounds in Q3
National Bank of Kuwait–Egypt (NBK), the Gulf Arab state’s largest commercial lender, reported a net profit of 1.16…
Deutsche Bank reaches $220 million Libor settlement with U.S. states
Deutsche Bank has reached a $220 million settlement with 44 states and the District of Columbia who say the German…
UAE central bank survey projects moderate growth in loan demand
Demand for business credit and personal loans in the United Arab Emirates increased marginally in the…
U.S. budget deficit widens to $666 billion in FY2016/17
The U.S. budget deficit widened to $666 billion for the financial year 2016/2017 as record spending more than…
Qatar Islamic Bank Q3 net profit ups 10.9%
Qatar Islamic Bank (QIB), the Gulf state's largest sharia-compliant lender by assets, reported a 10.9 percent jump…
