QNB ‘Scraps’ BNP Egypt Chase To Focus On Socgen Network
QNB has dropped its interest in buying the Egyptian operations of France’s BNP Paribas, favouring instead the…
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Banks
Yields Tumble At Egypt 91-, 266-Day T-Bill Auction
The average yields on 4.5 billion Egyptian pounds ($738.49 million) of 91- and 266-day treasury bills fell sharply…
Kuwait Denies Rumors On Forged 20-KD Banknotes
Manger of Banking Operations Department at Central Bank of Kuwait ( CBK ) Abdullah Al-Shatti denied rumors that…
Bank Muscat On A ‘Borrow Wisely’ Drive
Al Wisal Radio organised a discussion forum on the 'Borrow Wisely' social responsibility campaign launched by bank…
Islamic Finance Sector Seen To Reach $2 Trillion By 2015
The $1 trillion global Islamic finance industry is set to double in size between 2011 and 2015, recording an annual…
World Bank Ready To Help Lebanon
The World Bank said it is willing to provide Lebanon with financial and technical assistance to help offset the…
Bank Muscat Announces New Strategy To Boost Direct Sales
The largest financial services provider in the sultanate, bank muscat, announced a new identity and strategy for…
IBQ Sponsors Capital Markets Conference 2012
The International Bank of Qatar (IBQ) announced its sponsorship of the Capital Markets Conference which is being…
HSBC Upgrades Li & Fung Stock To Overweight On QE3
HSBC analysts on Tuesday raised their earnings expectations for global trading and logistics group Li & Fung…
Egypt Issues 1 Bln EGP In First Floating Rate Notes Sale
Egypt sold 1 billion Egyptian pounds ($164.04 million) in floating rate notes in a maiden sale, the same amount it…