ISLAMIC FINANCE

15 Dec 2019

Gharbia Housing oks in principle acquisition of Solik Group

ArabFinance: Gharbia,Islamic,Housing's Board of Directors (BoD) approved to hire an Independent Financial Advisor to prepare fair value study for Solik Group for Real Estate Investment. The Company ratified in principle acquiring 100% of Solik Group according to the report of the financial"...

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11 Dec 2019

Faisal Islamic Bank's volume of business up 14% in November 2019

ArabFinance: Faisal Islamic Bank of Egypt’s (FAIT) (FAITA) volume of business increased to EGP 102.68 billion at the end of November 2019, compared to EGP 900 billion in the same period last year, representing 14.1% growth, the bank stated in a statement sent to EGX.

Additionally,"...

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08 Dec 2019

Bimaristan Al Muayyad, one of the world’s largest hospital, is locked behind Islamic Cairo’s gates

Looking from Cairo Citadel, people can only see Sultan Hassan and Al-Rifa’i Mosques. Yet, beside the Citadel, there is a mesmerising forgotten place, Darb Al Labana.

This area has the fourth largest Bimaristan"...

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