Money UAE’s Mashreq to begin digital banking operations in Pakistan Sama Mousa Aug 21, 2023 0 UAE-based Mashreq announced on Monday that it completed its incorporation in Pakistan and will commence digital…
Money Banque Misr, Actors Syndicate cooperate on seamless digital services Sama Mousa Aug 13, 2023 0 Banque Misr, Egypt’s second largest state-run lender signed a cooperation protocol with the Actors Syndicate for…
Money ADIB Egypt posts 111.47% YoY rise in H1 profits Sama Mousa Aug 13, 2023 0 Abu Dhabi Islamic Bank Egypt (ADIB-Egypt) recorded an increase of 111.47 percent year-on-year (YoY) in consolidated…
Money Egypt’s central bank issues $1.35bln T-bills Sama Mousa Aug 10, 2023 0 The Central Bank of Egypt (CBE) offered new treasury bills (T-bills) worth 42 billion Egyptian pounds in two…
Money Saudi’s SAB records $882.3 mln profits in H1 Sama Mousa Jul 30, 2023 0 Saudi Awwal Bank (SAB) recorded a 58.87 percent increase in net profit to 3.31 billion Saudi riyals during the…
Banks Al Baraka bank earnings increase by 20.6% in Q1 of 2023 Sama Mousa May 15, 2023 0 Al Baraka Bank-Egypt announced on Monday that it has witnessed an increase in its net earnings by 20.6 percent…
Banks Bank of America opens branch in Luxembourg Yassmine Elbehnaihy May 11, 2023 0 Bank of America (BofA) has opened a new branch in Luxembourg on Tuesday, as the bank works on expanding its…
Money ABK-Egypt employee wins Gold Medal Champion at National Para-Taekwondo Tournament Amwal Al Ghad English May 10, 2023 0 Al Ahli Bank of Kuwait – Egypt (ABK – Egypt) announced on Wednesday that its employee Abdul Rahman Mahmoud has win…
Banks First Republic Bank to lay off 25% of staff Yassmine Elbehnaihy Apr 26, 2023 0 First Republic Bank is planning a staff layoff of 25 percent, following the recent turmoil in the banking sector,…
Banks US banks save up reserves after First Republic Bank rescue Yassmine Elbehnaihy Apr 12, 2023 0 JPMorgan Chase and Co, Wells Fargo & Co, Citigroup Inc and Bank of America are setting $100 million each in Q1…