SocGen Profit More Than Doubles on Investment Bank
Societe Generale SA, France’s second-largest bank, said second-quarter profit more than doubled, beating…
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Société Générale
Telecom Italia Is Said to Plan $13 Billion Network Spending
Telecom Italia SpA (TIT) is planning 10 billion euros ($13 billion) in fiber-optic investments for its…
Kuwait’s Burgan Bank Looks To Egypt For Potential Acquisitions
Kuwait-based Burgan Bank is looking at potential acquisitions in Egypt to step up international expansion and is…
Barclays Plans To Expand In Egypt As French Banks Retreat
Barclays Plc (BARC) plans to add branches in Egypt this year as Britain’s second-biggest bank by assets seeks to…
Abraaj Capital Said To Plan Spinneys Stake Sale
Abraaj Capital Ltd, the Dubai-based buyout firm with over $7 billion of assets under management, plans to sell its…
Gulf Banks Replace Europeans As Middle East Buyers, S&P Says
Gulf banks will remain big buyers of financial assets in the Middle East and North Africa, attracted by lower…
QNB Sees Egyptian Central Bank’s Approval For SocGen Takeover In Two Weeks
Qatar National Bank, the Gulf state's largest lender by market value, said on Wednesday it hopes to complete the…
QNB Requests CBE’s Approval To Acquire NSGB
National Societe Generale Bank – (NSGB) announced that Qatar National Bank's (QNB) submitted a request to Central…
Gulf Banks Ready To Invest In Egypt
Gulf banks are betting on Egypt despite anti-government protests continuing in several cities. Hot on the heels of…
NSGB To Repay US$ 140 Mln Loan To Société Générale In 2013
National Société Générale Bank’s board of directors approved in its meeting on December 13th 2012 to repay the US$…
