Egypt To Offer Bonds Worth 5 Bln EGP
Egypt's Ministry of Finance will offer 5 billion Egyptian pounds ($822.856 million) in three-year, five-year and…
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Banks
NBD in Cooperation with Abu Dhabi Islamic Bank Announces its H1 2012 Results
The National Bank for Development (NBD) announced its H1 2012 financial results, which demonstrate the continuation…
RAKBANK Expands Its Network Of Branches
RAKBANK, the UAE leading Retail and SME bank, has announced the opening of its seventh branch in Abu Dhabi and Al…
Oman’s Bank Muscat $251 Mln Rights Issue 128 Pct Covered
Bank Muscat, Oman's largest lender by market value, saw its 96.7 million rials ($251.2 million) rights issue 127.5…
Abu Dhabi Islamic Bank First UAE Islamic Bank To Offer Instant Finance
ADIB is the first UAE Islamic bank – and among the first in the world - to offer such a quick instalment based…
UAE Bank Assets Increased 0.4 Per Cent To AED 1,732.7 Billion By End Of June
Figures released by the Central Bank of the UAE show that money supply M0 (currency in circulation + currency at…
HSBC Bank Oman Links Atms To Omannet Switch
HSBC Bank Oman has successfully linked its newly expanded ATM network to OmanNet Switch, giving customers broader…
Yields On Egyptian 91-Day T-Bills Edge Down
The average yield on 91-day Egyptian treasury bills eased slightly at an auction on Sunday while those on 273-day…
China Central Bank To Step Up Monetary Policy Fine-Tuning In Second Half
China's central bank pledged on Sunday to intensify its monetary policy fine-tuning in the second half of this year…
EU Council De-Lists Bank Mellat Ex-Chairman To Avoid Court
The Council of the European Union reversed its decision to place sanctions against Dr Ali Divandari, the former…