Monday 26 September 2016
 
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Banking group seals $1.27bn Egypt power deal

A banking consortium has signed a EGP10-billion ($1.27 billion) agreement with the Electricity and Renewable Energy Ministry of Egypt to set up three power plants in the new administrative capital, a report said. The three power p

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Banking group seals $1.27bn Egypt power deal

A banking consortium has signed a EGP10-billion ($1.27 billion) agreement with the Electricity and Renewable Energy Ministry of Egypt to set up three power plants in the new administrative capital, a report said. The three power p

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Al Baraka net income jumps 10pc to $183m

Leading Bahrain-based Islamic bank, Al Baraka Banking Group, achieved a net income of $183 million in the first nine months of the year, an increase of 10 per cent on the first nine months of last year. The continued expansion in

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Etisalat, Lloyds in bill payments tie-up

Etisalat has entered into an alliance with Lloyds TSB, part of one of the world's top banking Groups, to enable Etisalat bill payments through the bank’s branches, powered by the telecom company’s eZeepay service. The eZeepay service facil

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Emirates NBD launches global sukuk fund

Emirates NBD, the largest banking group in the Middle East in terms of assets, has launched the Emirates Global Sukuk Fund. The fund will be managed by Emirates NBD Asset Management Limited (Emirates NBD AM), a provider of a full range of

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