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North Africa Banking News. Service for global professionals. Constantly updated news and information about North Africa Banking.
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Latest North Africa Banking News

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  • China-Africa ties benefit both: business leaders 11 Nov 2009 05:30 GMT
    ... The ties between China and Africa benefit both parties and need to be further ... regional integration, economic experts from China and Morocco said. Besides cooperation on the governmental level, ... Chinese Prime Minister Wen Jiabao earlier in Egypt of the decision to provide 10 billion ...

  • Full text of Chinese premier's press conference in Egypt 11 Nov 2009 01:00 GMT
    ... Fourth Ministerial Meeting of the Forum on China-Africa Cooperation (FOCAC) on Sunday in the Egyptian resort of Sharm el-Sheikh. The following is ... Due to the international financial crisis, some banks are downsizing their loans for African countries. ...

  • China's help to Africa is sincere and welcomed by African people 11 Nov 2009 01:33 GMT
    ... China's help to Africa is sincere and welcomed by African people Editor's ... the press and answer your questions. I. Egyptian newspaper Pyramids: You have announced at the ... Due to the international financial crisis, some banks are downsizing their loans for African countries. ...

  • Emirates Bank International, National Bank of Dubai downgraded 11 Nov 2009 11:14 GMT
    ... deposits. With total assets of over USD 76 bln, ENBD is currently the largest banking group in the Middle East and North Africa. In the UAE, it has a 20% share of assets and a 19% share ...

  • Walker: Europe after the Wall 11 Nov 2009 13:51 GMT
    ... Portugal are just a few miles from Africa. The nearest neighbors of Cyprus are Egypt, Israel, Lebanon and Turkey. The EU is already ... attention to whatever interest rate the European Central Bank decides to set or to the competition ...

  • CREDIT AGRICOLE SA : Solid results reflecting a highly positive trend 3rd quarter 2009 10 Nov 2009 17:50 GMT
    ... July. This restored momentum pushed up net banking income from the Regional Banks' customer business ... and Congo and net income from the African entities that have not been sold yet. ... first 9 months, most of them in Morocco and Poland. Overall, including Emporiki, the business ...

  • CREDIT AGRICOLE SA : Solid results reflecting a highly positive trend 3rd quarter 2009 (MRW) 10 Nov 2009 18:11 GMT
    ... July. This restored momentum pushed up net banking income from the Regional Banks' customer business ... and Congo and net income from the African entities that have not been sold yet. ... first 9 months, most of them in Morocco and Poland. Overall, including Emporiki, the business ...

  • The African Economic Community: rhetoric vs. reality 10 Nov 2009 03:50 GMT
    ... The African Economic Community: rhetoric vs. reality 1.Introduction Rapid technological ... groupings are the African Common Market comprising Algeria, Egypt, Ghana, Guinea, Mali and Morocco in 1962; ...

  • Chinese corporations want to dominate world, Africa 10 Nov 2009 15:10 GMT
    ... Chinese corporations want to dominate world, Africa Chinese corporations would want to “dominate the world ... Cooperation (FOCAC) held in Sharm el Sheikh, Egypt, since this past weekend. FOCAC highlighted the progress ... risks while offering a complete range of banking solutions to these companies in African countries,” ...

  • African Oil, Gas, Minerals Trade & Finance Conference opens today 10 Nov 2009 19:37 GMT
    ... The 13th UNCTAD's African Oil, Gas, Minerals, Trade and Finance Conference, takes off ... small and large petroleum and mining firms, bankers, law firms, and environmentalists participating in the ... Khelil, Minister of Energy and Mines of Algeria and President of the Council of African ...

  • Almost half of UAE's employers are likely to hire in next three months, study reveals 10 Nov 2009 09:06 GMT
    ... next quarter. Around the Middle East and North Africa region, countries reported varying propensity to hire ... suggesting widespread optimism for the future. Oman, Algeria and Saudi Arabia were found to be ...

  • 'Africa needs China' 10 Nov 2009 10:16 GMT
    ... The African continent's biggest banking group, Standard Bank, announced on Tuesday that ... China-Africa Cooperation (Focac) in Sharm el Sheikh, Egypt, and remains committed to ensuring that the opportunities ...

  • Capital Intelligence downgrades Emirates Bank International and National Bank of Dubai 10 Nov 2009 11:10 GMT
    ... next 12 months. With total assets of over $76bn, ENBD is currently the largest banking group in the Middle East and North Africa region. In the , it has a 20% share of assets and a 19% ...

  • Qatar Islamic Bank wins STP awards for international electronic payments operations excellence 10 Nov 2009 08:59 GMT
    ... enjoys the premier position within the Islamic banking sector, holding a 53.4% share of this ... in Europe, Asia, the Middle East and North Africa. When operating in the international market, the ...

  • QIB wins STP awards for international electronic payments operations excellence 10 Nov 2009 06:30 GMT
    ... enjoys the premier position within the Islamic banking sector, holding a 53.4% share of this ... in Europe, Asia, the Middle East and North Africa. When operating in the international market, the ...


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