QNB ALAHLI Bank (S.A.E.) (QNBA.CA)

Mideast Stocks: Factors to watch on October 12

China gains hoist Asian stocks to two-year peak

EU's Barnier still hopes trade deal with Britain possible - sources

Brexit talks descended into fresh turmoil this month over Prime Minister Boris Johnson's plans to pass new domestic laws that would undercut London's earlier EU divorce deal

BRIEF: Qatar National Bank Alahly Board Proposes FY Dividend

Thursday outlook: Asian shares rise, oil prices retreat

Asian shares rose on Thursday, following a surge on Wall Street overnight. Saudi Arabia's index adds 1 percent and Dubai's index jumps 1.5 percent. More commentary on oil prices, currencies and precious metals

Egyptian Electricity Holding to sign loan deal worth $2.1bln this week

The loan, guaranteed by the Ministry of Finance against risks of going into payment default, will go for financing the EEHC and affiliates’ needs

EBRD studying $300mln loans for Egyptian banks

European Bank for Reconstruction and Development says it is studying giving some banks in Egypt new loans ranging between $200 million and $300 million within this year

EXCLUSIVE: Who's who Egypt bank CEOs likely to leave on 9-year term limit decree

The decision of Egypt's central bank on Thursday to set a 9-year term limit for all banks' CEOs will force ten of the country's banking heads out of their positions, senior banking sources told Amwal Al Ghad.

Egypt's Alexandria Business Association injects $12mn into micro loans in January

The source stated that ABA targets injecting finances estimated at 1.3 billion pounds for micro enterprises during 2016.

Six banks to arrange $311mn loan for Egypt's Food Industries Holding

Egypt's third biggest state-run bank, Banque Du Caire takes part in arranging a multi-billion pound loan for the state-run Food Industries Holding Company (FIHC), the bank's board member said.

PM opens PPP 3rd Investment Summit next Monday

The two-day summit will be inaugurated with the participation of ministers of finance, investment, planning, supply, transport, international cooperation, industry and trade, and communications in addition to the chairman

Banking consortium offers $1.2bn offer to finance 3 Egyptian power plants

A banking consortium has made an offer worth 10 Egyptian pounds (US$1.2billion) for the Egyptian Electricity Holding Company to fund three power plants, a source with knowledge of the matter said.