World Bank Cuts China’s Growth Estimate To 7.7%
The World Bank on Monday lowered its 2012 growth forecast for China to 7.7% from its estimate in May of 8.2%,…
Browsing Tag
Banks
Dubai’s Arqaam To Buy Libya Financial Services Firm
Arqaam Capital, a Dubai-based emerging market investment bank, has agreed to buy a financial services firm in Libya…
Qatar’s Barwa To Sell $4.4 Bln In Assets To Repay Loans
Barwa Real Estate plans to sell assets worth 16 billion riyals ($4.4 billion) in Qatar and Egypt to pay down loans,…
Qatar National Bank Posts 9-Month Net Profit At QR6.2 Bln
QNB Group, one of the largest and one of the most highly regarded financial institutions in the Middle East and…
Standard Bank Closes Debut Syndicated Loan Issue Of $175m Targeted At MidEast Banks
The Standard Bank of South Africa Limited signed a $175m, a 364-day term loan funding on October 4, 2012, in Dubai.…
NBAD Cautious Income Fund To Distribute Semi-Annual Dividend Of 1.97%
The National Bank of Abu Dhabi’s (NBAD) Cautious Income Fund will make a semi-annual distribution of 1.97% on the…
Saudi Holland Bank Shareholders Approve 1.4 Bln-Riyal Sukuk
Saudi Hollandi Bank shareholders have agreed to issue an Islamic bond, or sukuk, worth 1.4 billion riyals ($373…
Dubai’s Arqaam To Buy Libya Financial Services Firm
Arqaam Capital, a Dubai-based emerging market investment bank, has agreed to buy a financial services firm in Libya…
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…
Ahli United Bank Celebrates Paralympic Egyptian Champions of London – 2012
Ahli United Bank – Egypt is playing an important role in supporting the Egyptian economy as well as playing a…