GCC Banking Sector Profits Hit $12b In H1
The GCC banking sector continued to grow rapidly in the first half of 2012 with profits reaching $12 billion, an…
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Qatar
Egypt Foreign Reserves Rise On One-Off Items
Egypt's foreign reserves increased by $705 million in August after a fall in July, but economists said the figures…
Hermes: Euro T-Bill Auction ‘Attractive’, Foreigners May See Pound Less Risky
EFG-Hermes said in a report that the euro T-bill auction was oversubscribed, with an average yield of 3.245% above…
Saudi Letters Of Credit Up 24% As Economic Growth Spurs Demand
The value of letters of credit signed by lenders in Saudi Arabia surged 24 percent in the first six months of 2012…
NAM Members Contain 57% Of Global Oil Exports
The member states of Non-Aligned Movement (NAM) contain 57% of global oil exports. The oil exporting members of…
$ 66.4 Bn Sukuk Issued Globally In H1
The volume of sukuk issued globally during the first half of the current year reached $ 66.4 billion, according to…
Fitch Affirms Qatar Islamic Bank At ‘A’; Outlook Stable
Fitch Ratings has affirmed Qatar Islamic Bank 's ( QIB ) Long-term Issuer Default Rating (IDR) at 'A' with a Stable…
Egypt To Receive $500 mln Of Qatari Deposit Before Feast Holiday
Finance Minister Momtaz Al Saeed asserted that the aids of the Arab countries, KSA, Qatar, UAE and Kuwait, will…
Qatari Deposit Will Have Temporary Impact On Foreign Reserves: Bankers
Most banking experts said the US$ 2 billion Qatari deposit at the Central Bank of Egypt (CBE) will have a temporary…
Qatar Deposits $2 Billion To Support Egyptian Economy
Qatar said on Saturday it would deposit $2 billion at the Egyptian Central Bank in an effort to help support an…
