IFSB Sets New Islamic Banking Guidelines
The Islamic Financial Services Board (IFSB) has published new guidelines on liquidity and stress-testing, seeking…
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Banks
CBE Offers EGP 3.5 Bln Treasury Bonds
Central Bank of Egypt (CBE) - on behalf of Ministry of Finance- will offer EGP 3.5 billion ($580 million) of…
Kuwaiti Burgan Bank Acquires Eurobank’s Turkish Unit
Burgan Bank, one of Kuwait's leading banks with a regional presence in Jordan, Iraq, Algeria and Tunisia, announced…
ECB Loans To Portuguese Banks Register Record
Portuguese banks' borrowings from the European Central Bank jumped to a new record in March as they took advantage…
Banks To Bailout Faltering Factories
Federation of Egyptian Banks (FEB) considers assigning a committee to study the applications submitted from…
World Bank Job Should Go To Okonjo-Iweala, Say Ex-Staff
A group of former World Bank officials has written a letter backing Nigeria's Finance Minister, Ngozi…
NBE Offers EGP 491 Mln Fund For West Damietta Plant
National Bank of Egypt signed last week the final loan syndication agreement lending East Delta Electricity…
Exclusive: Seven Banks To Launch Dollar Certificates Tomorrow
Official sources informed Amwal Al Ghad that Central Bank of Egypt (CBE) - on behalf of Ministry of Finance –…
Citibank Bahrain Launches Mobile Banking Service
Citibank Bahrain launched Citi Mobile, a banking service that allows customers to access their bank accounts using…
Arab Gulf Banks Recover After A Year Of Stagnation
The banking industry in the Middle East witnessed a healthy revenue growth of seven per cent in 2011 after a year…