Egypt to float United Bank of EgyptEgypt's central bank plans to float the United Bank of Egypt, in which it holds a 99 per cent stake, in an initial public offering, Governor Tarek Amer said on a talk show. The United Bank was formed out of the merger of three More… |
Etisalat expands payment gateway to PakistanEtisalat, a leading telecom operator in the Middle East, has partnered with top retail bank United Bank Limited (UBL) by extending Etisalat Payment Gateway services to Pakistan. Enterprises can now serve Pakistan-based merchants c More… |
Charges against United Gulf droppedBahrain-based United Gulf Bank (UGB) said the US Securities and Exchange Commission (SEC) had dropped charges against the bank related to a case of share manipulation by a Kuwaiti financier. "(The SEC) has filed an amended complaint and so More… |