Egypt’s non-oil private business activity contracted in October as PMI hits 8-month…
Business activity in Egypt's non-oil private sector was contracted in October as the headline PMI fell to an…
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Emirates NBD
Banque Misr to complete $250-300mn loan in December – chairman
Banque Misr is expecting to complete procedures to obtain a $250-300 million loan of three years duration in…
Gulf trades narrowly, Qatar’s CBQ drops on Q3 earnings
Gulf stock markets moved narrowly in thin early trade Monday with very few fresh incentives to buy or sell stocks,…
Two UAE banks, CIB ‘still in frame’ to buy Citi’s Egypt Retail Business
The number of banks in the running to buy Citigroup's consumer business in Egypt has fallen as the bidding process…
6 banks request Citibank Egypt retail business acquisition
Six banks have requested to acquire Citigroup’s retail business in Egypt, with the Central Bank of Egypt (CBE) on…
Emirates NBD bags three Awards at MENA Banking Awards 2014
The Emirates NBD Group has won three awards at EMEA Finance's Annual Middle East Banking Awards. The bank was…
Abu Dhabi Islamic Bank shortlisted to buy Citi’s Egypt Operations
Abu Dhabi Islamic Bank said Sunday it has been shortlisted as a buyer for Citigroup’s Egypt retail business in what…
Ahli United Bank secures EGP350 million for Egyptian Steel’s Loan
Ahli United Bank pumps EGP 350 million (US$45.8 million) in a loan arranged for one of Egyptian Steel Group’s…
Dollar to hit EGP 8 by the End of June: Emirates NDB
The Egyptian pound is expected to further weaken against the US dollar, to reach EGP 8 by the end of June, if not…
Mashreqbank CEO confirms Interest in Citigroup Egypt Unit
Mashreqbank PSC (MASQ), the Dubai-based lender, is interested in buying Citigroup Inc. (C)’s Egyptian consumer…