Banks Emirates NBD Q1 Income Falls 55% Administrator Apr 26, 2012 0 Emirates NBD PJSC (EMIRATES), the United Arab Emirates’ biggest bank, said net income fell 55 percent in the…
Banks UBE And SFD To Sign EGP 75 Mln Contracts Administrator Apr 26, 2012 0 United Bank intends to sign three finance contracts with Social Fund for Development (SFD) with value of EGP 75…
Banks BRICS Bank To Launch In S.Africa By 2013 Administrator Apr 26, 2012 0 A joint development bank planned by the BRICS group of major emerging economies will be officially launched in…
Banks UNB Receives MRM Business Award Administrator Apr 26, 2012 0 Union National Bank has won Mohammad Bin Rashid Al Maktoum Business Award in the finance category for the second…
Banks Barclays Q1 Profit Surges 22% Administrator Apr 26, 2012 0 Barclays (BARC.L) posted a 22 percent rise in first-quarter profit, ahead of market forecasts, as a strong rebound…
Banks HSBC and Zurich sign 10-year exclusive distribution agreement for MENA Amwal Al Ghad English Apr 26, 2012 0 HSBC Middle East has entered a strategic partnership with Zurich and selected them as their exclusive partner for…
Banks Kuwait’s Burgan Bank Q1 Profit Rises 48% Administrator Apr 26, 2012 0 Kuwait’s Burgan Bank said its net profit in the first quarter of this year rose by 48% to KD17.5m, compared with…
Banks EU To Reduce Bankers’ Bonuses Administrator Apr 25, 2012 0 Bankers (SX7P) face a backlash from European Union lawmakers determined to cut their bonuses as part of a quest to…
Banks ERC Concludes Negotiations Over US$ 300 Mln Letters Of Credit Next Week Administrator Apr 25, 2012 0 Egyptian Refining Company (ERC), subsidiary of Citadel Capital Company, will conclude the negotiations by next week…
Banks AlexBank: Personal Loans Portfolio Reaches EGP 6 Bln Administrator Apr 25, 2012 0 Alex Bank Intesa Sanpaolo said the personal loans registered 66% of the total retail banking portfolio that reached…