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North Africa Banking News is an EIN News Service for banking industry professionals. Constantly updated news and information about North Africa Banking.
Latest North Africa Banking News
- What is wrong with African leaders? 25 Nov 2009 00:44 GMT
... offers an unforgettable holiday and business experience in Accra. ... embezzlement are a way of life for African leaders. From South Africa to Egypt there ... if instead of stealing the money and banking it in Switzerland, Monaco, France, Britain, Cayman ...
- Rusal's crossroads - Russia, Libya or China 24 Nov 2009 10:50 GMT
... reaching the mark once predicted by Russian bankers - just $10 billion. They are conceding ... 25% shareholding in Norilsk Nickel to a banking syndicate comprised of Royal Bank of Scotland, ... to Rusal for immediate repayment to the banks. This wasn't so much a bailout of ...
- Morocco - Drop in foreign farm investment 24 Nov 2009 01:01 GMT
... Morocco - Drop in foreign farm investment  ... officials said. Foreign investment in the north African country had fallen by a third in ... according to government figures, as the global banking crisis made investors loath to venture into ...
- Landmine victims seek compensation 24 Nov 2009 10:36 GMT
... Bedouin farmer Abdelaziz Hamed's daughter lost her foot ... Axis forces in the battle for North Africa. The group threatening the action represents some ... even using the bathroom". The group is banking on the Prince's influence as the UK's ...
- Landmine compensation sought 24 Nov 2009 11:54 GMT
... Bedouin farmer Abdelaziz Hamed's daughter lost her foot ... Axis forces in the battle for North Africa. The group threatening the action represents some ... even using the bathroom". The group is banking on the Prince's influence as the UK's ...
- Talks Resume Between Zanu PF and MDC Formations [column] 24 Nov 2009 01:27 GMT
... The country's three main political parties have finally begun discussing ... issues: the unilateral appointment by Mugabe, of central bank Governor Gideon Gono, Attorney General Johannes ... has said the world in general and Africa in particular should have the decency to ...
- Of Colonialism, North-South Dichotomy 24 Nov 2009 10:33 GMT
... Issues and contentions which arose from the launch of a ... launch of Pa Olaniwun Ajayi's book: Nigeria: Africa's Failed Asset? had been inspirational and thought ... coming on board of the Governor of Central Bank of Nigeria (CBN), Sanusi Lamido Sanusi, ...
- Ashcroft and Afghanistan feature in foreign affairs debate 24 Nov 2009 19:32 GMT
... donor was a subject of attention in the debate ... British Caribbean Bank, is now the largest banking institution within these islands, as stated by ... huge ungoverned space that stretches across northern Africa. "Others will have integrated themselves in cities ...
- Export markets sought and expanded 24 Nov 2009 04:31 GMT
... Textile and garment products manufactured for export. Nhan ... and expand new export markets such as African and Middle East markets. These markets have ... well as some countries with quite developed banking systems and rather strong financial potentials (for ...
- Mysteries of the Nile 24 Nov 2009 01:52 GMT
... things." All the world's eyes turned to Egypt. An untouched treasure of lustrous artefacts ("... ... BC ventured into the sunbaked heart of Africa to see the sights and would report: "Egypt ... Kingdom landmark. He had met Sir Joseph Banks in London and with his patronage travelled in ...
- Middle East and North Africa:Towards a brighter outlook 20 Nov 2009 21:00 GMT
... Middle East and North Africa:Towards a brighter outlook Improving governance and investment ... of the early impact being felt by banks that had borrowed externally or were heavily exposed ... relaxing restrictions on FDI in retail distribution, banking and finance while making progress in improving ...
- Libya to make four IPOS in 2010, sell state firms 23 Nov 2009 01:32 GMT
... to own shares * Sale of National Commercial Bank delayed to 2010 TRIPOLI, Nov 22 (Reuters) ... exchange now has 10 listed companies, mostly banks and insurance companies, but also a tobacco ... was delayed from this year, he said. Central bank Governor Farhat Omar Bin Guidara said earlier ...
- Egypt's Beltone Financial sets up Libya subsidiary 23 Nov 2009 03:12 GMT
... * Expects up to 25 IPOs in coming eight ... investment culture," Hilal said. The oil-rich North African country remains largely unaffected by the global ... the global financial crisis due its centralised banking system, high oil and gas reserves and ...
- NBAD.com secures Arab Banking Web Award 22 Nov 2009 08:10 GMT
... to request more information from National Bank of Abu Dhabi ... spread out at remote locations to provide banking services to customers stationed at offshore oil ... Personal Loan in product category by The Banker Middle East publications. In previous years, NBAD has ...
- China promises concessional loans to African countries 19 Nov 2009 10:34 GMT
... risks, and offering a complete range of banking solutions to these companies on the ground ... years. Much of this will be Chinese commercial bank financing and China’s commercial banks have both the liquidity and the appetite ...
- French and Spanish firms aim to give Gide a run for its money in Morocco 23 Nov 2009 10:17 GMT
... in setting its sights on the North African country, with the past few years seeing ... Mintier, is the growing sophistication of Moroccan banks, which increasingly demand international firms’ experience and knowhow. ... mall, which will be the largest in North Africa. I think the demand comes from the ...
- Libya to Sell Stakes in State Owned Mobile Networks 23 Nov 2009 14:03 GMT
... >> >> This Article Libya to Sell Stakes in ... in Iron and Steel Company and National Commercial Bank. The government also announced details of ... one of the most active in North Africa and the Arab region," Seleem Naas, chairman ...
- Hungry for Opportunities, European Investors Eye Africa's Unlisted Firms 23 Nov 2009 14:00 GMT
... investors are hungry for shares in unlisted African firms and could provide the needed shot ... The Nigerian bank crisis - in which banks were left holding toxic assets following a loaning ... in investments in the Middle East and North Africa, according to equity tracker Private Equity International ...
- ME firms say banking on IT will aid survival 19 Nov 2009 12:14 GMT
... 92% of Middle Eastern business executives that took part in ... a recent SAP User Group-Middle East & North Africa (SUG-MENA) survey which found a full 92% ...
- Visa Celebrates Landmarks in Egypt 23 Nov 2009 15:50 GMT
... in Egypt. Key figures from the Egyptian banking community and government officials gathered together to ... a more efficient banking system, have encouraged banks to approach new fields of investment and expand ... Elhousseiny, Visa General Manager North and West Africa. “Visa products can promote transparency and accountability, ...
- Is Mugabe Africa's most notorious leader? 22 Nov 2009 19:44 GMT
... By HENRY OWUORPosted Friday, November 20 2009 at 19:00 85-year-old ... Gabriel Garigamombe Mugabe is the most notorious African leader. Mugabe is a leader who is ... Gideon Gono is the Mugabe family’s personal banker. Amid the crisis caused by Mugabe’s seizure ...
- Religare Technova Global Solutions expands their operations to the Middle East 20 Nov 2009 13:50 GMT
... in business development and solution sales in the financial services sector, working with major banks and financial institutions in the GCC region and North Africa. . “We are very excited about the Middle East becoming a key market for ...
- USA - Credit guarantees from USDA 21 Nov 2009 01:11 GMT
... by guaranteeing payments due from approved foreign banks to exporters or financial institutions in the United ... allocated amount: $100 million. Middle East and North Africa - Afghanistan, Algeria, Bahrain, Egypt, Iraq, Israel, ...
- Rich Arabs And Israelis Team Up To Sue German Bank 23 Nov 2009 19:44 GMT
... Hapoalim, Ofer's Mizrahi Tefahot Bank and Arab Banking Corp. earlier this month sued Westdeutsche Landesbank, ... Arab Banking Corp. is owned by Libya's central bank, the Kuwait Investment Authority and the ... the spread. The Arab, Israeli and Irish banks invested $230 million in the SIVs' longer-term notes, essentially ...
- Book review: The Arabs: A History 21 Nov 2009 00:48 GMT
... BY EUGENE ROGAN Allen Lane, 513pp, £25 PIRATES take over North Africa, armies clash over the holiest of Islamic ... territories answered to the cities where their bankers lived – London, Paris, Berlin. Debt and ...
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