‘Belady’ euro certificates offered to Egyptians in Europe
The National Bank of Egypt (NBE), Banque Misr, and Banque du Caire are about to launch certificates in euro to…
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SVI addresses IFC, EBRD, NBE to contribute to venture capital fund
Sawari Ventures Inc. partner Wael Amin told Daily News Egypt that the company addressed international and local institutions to participate…
Arab World's Leading Investment Bank Introduces EFG One on One MENA Consensus, a Unique Real-Time Poll of Top Global Investors and Listed Companies
More than 455 international fund managers and institutional investors from 221 institutions with aggregate assets under management in excess of…
ADGM, Luxembourg ink agreement
Abu Dhabi Global Market and Luxembourg for Finance signed a Memorandum of Understanding on bilateral cooperation, on the sidelines of…
Egypt raises stake in International Islamic Trade Finance Corp's capital
Egyptian Cabinet has endorsed Wednesday a plan to raise the country's stake in the International Islamic Trade Finance Corporation (ITFC)'s…
Standard Chartered in Talks on $2 Billion Iraq Bond Sale
Standard Chartered Plc is in talks with Iraq’s Finance Ministry to take part in a $2 billion bond sale this…
Turkey expected to tighten corporate bond regulations in response to defaults
Recent development On February 1, 2016, a Turkish issuer of corporate bonds announced that it had defaulted on its…
Bank of China joins as the first Chinese Settlement Bank for DGCX
Dubai Gold & Commodities Exchange announces the appointment of Bank of China, as a Settlement Bank for Dubai Commodities Clearing…
Fitch Ratings raises Turkey's growth prospect from 3 to 3.5 pct
U.S.-based credit rating agency Fitch Ratings' Chief Economist Brian Coulton announced that the agency increased Turkey's growth prospect from 3…
Omani firms plan sukuk issue
Several companies in Oman, including a real estate developer, are planning to issue sukuk or Islamic debt instrument. A…
Executive Director of Securities Commission Malaysia to speak at Responsible Finance Summit
The Responsible Finance Summit today announced that Mr. Zainal Izlan Zainal Abidin, Executive Director of Islamic Capital Market at Securities…
UAE’s First Gulf Bank wins approval for bond issue
First Gulf Bank, the largest lender by market value in the United Arab Emirates, has obtained shareholder approval to issue…