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Banking & Insurance

Egypt’s net foreign assets dropped by 9.6% to $9.1 billion in October, according to data from the Central Bank
Egypt’s net foreign assets dropped by 9.6% to $9.1 billion in October, according to data from the Central Bank

Dec 03, 2024

Oil prices drop after Israel’s cabinet agrees to a ceasefire deal with Lebanon
Oil prices drop after Israel’s cabinet agrees to a ceasefire deal with Lebanon

Nov 27, 2024

Saudi Awwal Bank plans to issue Islamic bonds (Sukuk) through a private offering as part of its $5.3 billion program to strengthen its financial base
Saudi Awwal Bank plans to issue Islamic bonds (Sukuk) through a private offering as part of its $5.3 billion program to strengthen its financial base

Nov 21, 2024

Egypt’s Contact Financial Holding reports a 71% increase in net income for the third quarter, reaching $4.5 million
Egypt’s Contact Financial Holding reports a 71% increase in net income for the third quarter, reaching $4.5 million

Nov 20, 2024

EFG Hermes has finished issuing securitized bonds worth $13.5 million for Valu
EFG Hermes has finished issuing securitized bonds worth $13.5 million for Valu

Nov 18, 2024

Al Rajhi Bank’s net profit increased by 22.8% in the third quarter to $1.4 billion due to higher operating income
Al Rajhi Bank’s net profit increased by 22.8% in the third quarter to $1.4 billion due to higher operating income

Oct 28, 2024

Bahrain’s GFH has issued five-year Islamic bonds (sukuk) worth $500 million, attracting strong interest from international investors
Bahrain’s GFH has issued five-year Islamic bonds (sukuk) worth $500 million, attracting strong interest from international investors

Oct 25, 2024

Saudi National Bank reported a 7% increase in profit for the third quarter, reaching $1.4 billion, thanks to higher earnings from its operations
Saudi National Bank reported a 7% increase in profit for the third quarter, reaching $1.4 billion, thanks to higher earnings from its operations

Oct 22, 2024

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