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Economy
7/20/2011 12:59:00 PM
Exposure to political turmoil in Syria and Egypt make the banks vulnerable, says the credit rating agency
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Economy
7/19/2011 4:08:21 PM
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Economy
7/16/2011 2:53:52 PM
Eurozone meets next week to batter out a second bailout following disagreements between banks and private investors over details of the rescue package
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Economy
7/15/2011 11:21:24 AM
With results due on Friday, economists say as many as 15 banks might fail the European Banking Authority's tests designed to see which institutions need to strengthen their finances
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Economy
7/13/2011 1:52:57 PM
The factory will be owned by agricultural cooperatives and national banks, and will ensure the availability of fertilizers to farmers at subsidized prices
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Economy
7/12/2011 1:51:07 PM
European Union governments will extend help to banks unable to withstand a new round of stress tests, say EU officials
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Economy
7/12/2011 11:31:24 AM
European bank shares slump on Greek disorder and worries of troubles spreading to Italy and Spain, as Italian banks Unicredit and Intesa Sanpaolo show heavy losses on Tuesday
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Business
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Economy
7/10/2011 1:36:31 PM
Reports of billions of dollars of capital flight from Syria are exaggerated, with little sign of Syrian money entering Lebanese banks, says industry figure
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Economy
7/4/2011 11:58:06 AM
US government agency agrees to guarantee borrowing from local banks in a bid to support the burgeoning private sector
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Economy
7/3/2011 6:38:09 PM
Questions are being raised over Egypt's ability to finance its budget deficit amid signs of investors' reduced appetite for once in-demand government debt
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Economy
6/30/2011 2:55:08 PM
Central bank may have considered the rates demanded by banks to be too high, say traders
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Economy
6/26/2011 12:44:42 PM
Short-term capital flight and budget pressures may give way to long-term benefits if new leaders reform business practices, improve trade and create jobs, say Arab delegates at Rome banking summit
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Economy
6/22/2011 11:11:21 AM
HSBC, Bank of Tokyo-Mitsubishi, City Bank, Deutsche Bank, and Sumitomo Mitsui Financial Group will finance the loan dedicated to buy equipment from French engineering group Alstom
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Business
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Economy
6/15/2011 5:57:52 PM
The Al-gosaibi family has taken the decision to no longer defend claims brought by five banks in the English commercial court
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Business
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Economy
6/6/2011 12:33:12 PM
Banks ask the luxury developer to grant propriety rights in El Gouna as part of revised LE850m loan deals
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Business
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Economy
6/3/2011 5:03:35 PM
The ratio of non-performing loans in the United Arab Emirates' banking sector stood at 6.67 per cent at the end of April and is likely to rise further, a UAE central bank official said on Thursday
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Economy
5/27/2011 2:52:30 PM
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Business
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Economy
5/26/2011 1:08:50 PM
Merger would have created one of Egypt's biggest commercial banks
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Economy
5/26/2011 11:34:48 AM
Bank reserve requirement cut from 5 per cent to 2 per cent to boost the economy
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Economy
5/22/2011 3:30:18 PM
Deposit would be based on arrangements agreed upon by the Saudi and Egyptian central banks, says Saudi ambassador
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