Islamic Finance Won’t Exclude Conventional Finance: FJP’s Wael Al-Ghandour
The Egyptian Islamic Finance Association (EIFA) and the Freedom and Justice Party (FJP) held yesterday the second…
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egyptian banks
Finance Ministry Offers EGP 4.5 Bln T-Bills
The Egyptian Ministry of Finance offered treasury bills worth EGP 4.5 billion on Sunday. 91-day T-bills worth EGP…
Ahli United Bank Gets Approval To launch Alpha Fund In Nov.
Ahli United Bank (Egypt) received a final approval from the Central Bank of Egypt (CBE) and the Egyptian Financial…
Misr Iran Development Bank’s LTD Ratio Hit 77% In September
Misr Iran Development Bank’s loan-to-deposit ratio stood at 77% at the end of last September as loan portfolio…
Egypt’s Banks To Be Closed For Eid El-Adha Holiday
The Central Bank of Egypt (CBE) announced all banks in Egypt will be closed starting from Thursday 25/10/2012 to…
Egyptian Islamic Finance Association Holds Conference On Sukuk Regulations
The Egyptian Islamic Finance Association will hold its second conference on Islamic finance instruments in Port…
Misr Iran 9-Month Profit Hit EGP 180 Mln
Misr Iran Development Bank achieved profit of EGP 180 million at the end of Q3, up from EGP 150 million at the end…
AAIB’s Real Estate Assets Portfolio Hit EGP 8 Mln In September
The Arab African International Bank’s (AAIB) portfolio of real estate assets registered EGP 8 million at the end of…
Faisal Bank’s Transactions Up To EGP 39.6 Bln In September
The volume of transactions conducted by Faisal Islamic Bank of Egypt registered EGP 39.6 billion at the end of Q3…
AAIB Disbursed 112,000 Yellow Remittances Worth EGP 430 Mln
The Arab African International Bank (AAIB) disbursed 112,000 yellow remittances worth EGP 430 million in the sixth…