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18 September 12:48 PM

Banking

Bank Audi is listed on the Beirut Stock Exchange
22 August 02:53 PM GGF invests $15m on EE and RE projects in Bank Audi
Mubasher: In line with its efforts to strengthen the lending portfolio in the areas of energy efficiency (EE) and renewable energy (RE), Green for Growth Fund (GGF) has recently invested $15 million in Lebanon’s biggest green lender, Bank Audi. …
Banking and Finance
A group of factors pushed up the bank’s profit
30 July 04:43 PM Kuwait C. Bank’s profit soars in FY18/19
Mubasher: The Central Bank of Kuwait’s (CBK) profit jumped 88.22% year-on-year to KWD 212.13 million ($697.57 million) during the fiscal year 2018/2019, according to a statement released on Tuesday. A group of factors pushed up the bank’s profit, …
Macroeconomics
The USD has settled at EGP 16.56 for buying at AAIB
24 July 10:37 AM USD stabilises against EGP early Wednesday
Cairo – Mubasher: The US dollar exchange rate against the Egyptian pound has settled earlier on Wednesday at some local banks.   The USD has stabilised at EGP 16.56 for buying and EGP 16.66 for selling at National Bank of Egypt (NBE), Banque Misr, …
Currencies
The USD fell to EGP 16.58 for buying at ADIB
14 July 04:13 PM USD falls against EGP on Sunday
By: Islam Fadl Cairo – Mubasher: The US dollar exchange rate declined against the Egyptian pound during late trades on Sunday at some local banks.   The USD dropped by EGP 0.01 to EGP 16.56 for buying and EGP 16.66 for selling at Banque Misr, …
Currencies
The USD has stabilised at EGP 16.55 for buying at CIB
11 July 10:54 AM USD stabilises against EGP early Thursday
Cairo – Mubasher: The US dollar exchange rate against the Egyptian pound has settled earlier on Thursday at some local banks.      The USD has remained unchanged at EGP 16.57 for buying and EGP 16.67 for selling at National Bank of Egypt (NBE), …
Banking and Finance
The CBK’s total assets grew 2.25% in May
10 July 05:09 PM Kuwaiti C. Bank’s int’l assets hit $37bn in May
Mubasher: Foreign net assets of the Central Bank of Kuwait (CBK) increased by 1.44% year-on-year to KWD 11.25 billion ($37.06 billion) in May, the CBK’s data showed. On a monthly basis, the CBK’s foreign assets rose 0.54% from KWD 11.19 billion in …
Macroeconomics
The USD has been steady at EGP 16.58 for buying at ADIB
10 July 11:32 AM USD trades steady against EGP early Wednesday
Cairo – Mubasher: The US dollar exchange rate against the Egyptian pound has stabilised earlier on Wednesday at some local banks.     The USD has settled at EGP 16.57 for buying and EGP 16.67 for selling at National Bank of Egypt (NBE), Banque …
Banking and Finance
The USD has settled at EGP 16.55 for buying at CIB
8 July 11:06 AM USD trades steady against EGP early Monday
Cairo – Mubasher: The US dollar exchange rate against the Egyptian pound has stabilised earlier on Monday at some local banks.       The USD has settled at EGP 16.58 for buying and EGP 16.68 for selling at National Bank of Egypt (NBE), Banque …
Banking and Finance
The USD has been steady at CIB at EGP 16.55 for buying
7 July 10:58 AM USD stabilises against EGP early Sunday
Cairo – Mubasher: The US dollar exchange rate against the Egyptian pound has settled earlier on Sunday at some local banks.     The USD has remained unchanged at EGP 16.58 for buying and EGP 16.68 for selling at National Bank of Egypt (NBE), …
Macroeconomics
The USD has settled at EGP 16.6 for buying at NBE
4 July 12:54 PM USD trades steady against EGP early Thursday
Cairo – Mubasher: The US dollar exchange rate against the Egyptian pound has stabilised earlier on Thursday at some local banks.       The USD has settled at National Bank of Egypt (NBE), Banque Misr, Bank Audi, Misr Iran Development Bank, and …
Currencies
The USD rate declined to EGP 16.61 for buying at ADIB
3 July 03:10 PM USD drops 6 piasters against EGP in Wednesday's mid-trades
Cairo – Mubasher: The US dollar exchange rate fell by 1 to 6 piasters against the Egyptian pound at some local banks during Wednesday’s mid-trades. The USD rate declined by EGP 0.06 to EGP 16.61 for buying and EGP 16.7 for selling at Abu Dhabi …
Macroeconomics
The USD has settled at EGP 16.65 for buying at NBE
27 June 10:34 AM USD stabilises against EGP early Thursday
Cairo – Mubasher: The US dollar exchange rate against the Egyptian pound has settled earlier on Thursday at 17 banks.     The USD has remained unchanged at EGP 16.65 for buying and EGP 16.75 for selling at National Bank of Egypt (NBE), Banque …
Macroeconomics
The USD has stabilised at EGP 16.65 for buying at NBE
23 June 12:07 PM USD trades steady against EGP early Sunday
Cairo – Mubasher: The US dollar exchange rate against the Egyptian pound has settled earlier on Sunday at 17 banks.       The USD has stabilised at EGP 16.65 for buying and EGP 16.75 for selling at National Bank of Egypt (NBE), Banque Misr, Al …
Currencies
The USD grew to EGP 16.66 for buying at Credit Agricole
20 June 04:51 PM USD grows 7 piasters on Thursday
Cairo – Mubasher: The US dollar exchange rate against the Egyptian pound rose by 2 to 7 piasters at 16 banks at the end of Thursday’s trading session.   The USD grew by EGP 0.07 to EGP 16.66 for buying and EGP 16.75 for selling at Credit Agricole. …
Banking and Finance
FAB conducts its business in accordance with the highest professional standards
19 June 01:22 PM FAB closes operations in Qatar, relinquishes QFC branch licence
Abu Dhabi – Mubasher: First Abu Dhabi Bank (FAB) will shut down its operations in Qatar as it has notified the Qatar Financial Centre Regulatory Authority (QFCRA) that it will relinquish its Qatar Financial Centre (QFC) branch licence and …
Banking and Finance
The USD increased to EGP 16.7 for buying at CIB
18 June 03:09 PM USD grows 3 piasters in Tuesday’s mid trades
Cairo – Mubasher: The US dollar exchange rate against the Egyptian pound rose by 1 to 3 piasters at nine banks during Tuesday’s mid-trades. The USD increased by EGP 0.03 to EGP 16.7 for buying and EGP 16.8 for selling at Commercial International …
Banking and Finance
The USD has settled at EGP 16.71 for buying at NBE
12 June 12:04 PM USD trades steady against EGP early Wednesday
Cairo – Mubasher: The US dollar exchange rate against the Egyptian pound has stabilised earlier on Wednesday at 17 banks.      The USD has remained unchanged at EGP 16.71 for buying and EGP 16.81 for selling at the National Bank of Egypt (NBE), …
Currencies
The USD declined to EGP 16.76 for buying at ADIB
9 June 02:52 PM USD drops 5 piasters against EGP in Sunday’s mid-trades
Cairo – Mubasher: The US dollar exchange rate against the Egyptian pound fell by 3 to 5 piasters at banks during Sunday’s mid-trades, following the three-day holiday of Eid Al Fitr. The USD dropped by EGP 0.05 to EGP 16.76 for buying and EGP 16.85 …
Banking and Finance
The USD has been steady against the EGP at the NBE at EGP 16.73 for buying
9 June 10:00 AM USD remains stable against EGP in Sunday's early trades
Cairo – Mubasher: The US dollar exchange rate against the Egyptian pound has stabilised in 17 banks earlier on Sunday. The USD has been steady against the EGP at National Bank of Egypt (NBE), Banque Misr, and Arab African International Bank (AAIB) …
Macroeconomics
Makkah’s forex trade did not exceed SAR 5 million a day during the first 20 days of Ramadan
4 June 01:09 PM Forex trading hovers over SAR 10m/day in Makkah
Riyadh – Mubasher: The total value of Makkah’s foreign currency trading hiked by around SAR 11 million to SAR 12 million a day during the last ten days of the holy Muslim month of Ramadan, a senior money exchange businessman in Makkah told Al …
The USD slid to EGP 16.7 for buying at Suez Canal Bank
3 June 02:52 PM USD falls 3 piasters in Monday’s mid-trades
Cairo – Mubasher: The US dollar exchange rate against the Egyptian pound fell by about 3 piasters at eight banks during Monday’s mid-trades. The USD declined by EGP 0.02 to EGP 16.73 for buying and EGP 16.81 for selling at National Bank of Egypt …
Macroeconomics
The USD has settled at EGP 16.7 for buying at CIB
3 June 11:29 AM USD remains stable against EGP early Monday
Cairo – Mubasher: The US dollar exchange rate against the Egyptian pound has settled earlier on Monday at 17 banks. The USD has stabilised against the EGP at National Bank of Egypt (NBE), Banque Misr, and Societe Arabe Internationale de Banque …
Macroeconomics
The Kuwaiti dinar rate increased against the Swiss franc by 0.17%
29 May 12:09 PM KWD stable against USD early Wednesday
Mubasher: The exchange rate of US dollar and five Arab currencies remained stable against the Kuwaiti dinar on Wednesday, compared to the previous day. The USD rate settled at KWD 0.303, while the SAR/KWD and AED/KWD rates were also stable at KWD …
Banking and Finance
The USD rate slid by EGP 0.07 at ADIB
26 May 02:07 PM EGP edges up against USD Sunday
Cairo – Mubasher: The US dollar exchange rate on Sunday slipped by EGP 0.01 to EGP 0.07 against the Egyptian pound at banks. The USD rate fell by EGP 0.01 to EGP 16.84 for buying and EGP 16.94 for selling at Banque Misr, Egypt’s second-largest …
Banking and Finance
The USD-EGP exchange rate settled at EGP 16.9 for buying at NBE
23 May 11:07 AM USD stabilises against EGP early Thursday
Cairo – Mubasher: The US dollar exchange rate against the Egyptian pound has stabilised earlier on Thursday at 18 banks. The USD rate remained stable at EGP 16.9 for buying and EGP 17 for selling at National Bank of Egypt (NBE), Banque Misr, and …
Macroeconomics