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Latest North Africa Central Bank News

  • Adic mulls to offer shares globally 28 Aug 2008 20:59 GMT
    ... Last Updated: August 28. 2008 11:22PM UAE / GMT ABU ... as chief executive, plucking him from the National Bank of Abu Dhabi, where he was chief investment ... infrastructure in the Middle East and North Africa. ...

  • Zim backs African traditional leaders' forum 28 Aug 2008 10:16 GMT
    ... From Mabasa Sasa in TRIPOLI, Libya THE delegation of Zimbabwean chiefs in Libya ... the creation of a proposed Forum of African Traditional Kings, Sultans, Princes and Sheiks. The ... on the establishment of a United African Central Bank and the issuance of a single African currency ...

  • Libyan company's registration file missing-witness 28 Aug 2008 04:33 GMT
    ... Grand Regency Hotel changed its name from Libyan Arab African Investment to Libyan African Investment It is ... by the chair after council representing the Central Bank of Kenya Philip Murgor objected to the introduction of ...

  • QNB buys 23.7pc stake in Dubai bank for $302m 28 Aug 2008 03:58 GMT
    ... 5:15:51 Source ::: REUTERS dubai • Qatar National Bank said yesteday it bought 24 percent of Dubai's ... of Qatar," said Andrew Duff, head of international banking at QNB, the biggest bank in Qatar, ... country of 4.5 million people, according to central bank data. The biggest, Emirates NBD, operates 115 branches-itself ...

  • Dubai Financial Group signs $1.5bn Islamic loan facility 28 Aug 2008 02:20 GMT
    ... LONDON: Dubai Financial Group has signed a $1.5 billion, three-year ... East Europe, the Middle East and North Africa and Asia, according to its website. It ... financial stocks list, while it maintained Union National Bank on its most preferred list. “Dubai Islamic Bank's ...

  • Libyan bank to invest Sh10 billion in Nairobi 27 Aug 2008 22:18 GMT
    ... plays a big role in environmental life. Libyan bank to invest Sh10 billion in Nairobi ... Prime Minister, Foreign Affairs Minister and the Central Bank Governor and after these talks with the Vice-President, ... industry. Mr Bashir Saleh, President for Libya Africa Portfolio Fund for Investment said in Nairobi ...

  • Libya to set up $148 mln bank in Kenya 27 Aug 2008 13:52 GMT
    ... The Libyan government will invest 100 million euros (about ... Prime Minister, Foreign Affairs Minister and the Central Bank Governor and after these talks with the Vice ... to invest 8 billion U.S. dollars in Africa's most profitable ventures, mainly in the oil, ...

  • Qatar Natl Bank to buy 24% of UAE bank 27 Aug 2008 11:25 GMT
    ... "This strategic stake is to broaden the network of ... of Qatar," Andrew Duff, QNB's head of international banking, told Reuters. Qatar National is the country's ... said it would buy 20 percent of National Bank of Umm al-Qiwain . Qatar National aims to ...

  • Review of Regional Integration in Africa 27 Aug 2008 05:15 GMT
    ... Since independence, African countries have been engaged in the processes ... racial links between ancient Ethiopia and Pharaoh’s Egypt, as well as the fact that the ... Economic and Monetary Union, a single African Central Bank, a single African Currency and a Pan-African Parliament. Provisions ...

  • Short-term reigns and long-term gains 27 Aug 2008 04:25 GMT
    ... By Roelof Horne, co-manager of the Investec Africa and Middle East fund Six months on from the ... this (5%) was currency driven, as the central bank reacted decisively to 'over-strengthening' in the first quarter. ... benefits of regional integration (Tunisia, Libya and Algeria). The Casablanca stock exchange has been disappointing. ...

  • Environmental Progress in Middle East May Hinge on Financial Gains 26 Aug 2008 20:17 GMT
    ... CAIRO - Atop his permanently unfinished rooftop in Cairo's Manshiyet Nasser ... countries in the Middle East and North Africa still flare about 50 billion cubic meters ... worked out a loan deal with the National Bank of Egypt to make the initial conversion investment ...


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