Wall Street expected to report shortage in earnings
Most Wall Street banks are expected to report lower quarterly earnings and have a hard time for the rest of the…
Author
Bank of Korea keeps benchmark rate at 3.50%
Bank of Korea kept interest rates steady for the second time in a row on Tuesday, meeting previous expectations,…
Saudi Al Rajhi Bank biggest ME bank in value – Forbes
Saudi Arabian Al Rajhi Bank topped Forbes Middle East’s list of top 50 most valuable banks representing 10 markets…
Egypt’s CIB opens its first branch in Kenya
Egypt’s Commercial International Bank (CIB) opened its first Kenyan branch in Nairobi on Sunday, following its…
World Bank, IMF to discuss global economic state
David Malpass, president of World Bank, and Kristalina Georgieva, managing director of the International Monetary…
Airbus, China aviation industry sign new agreements
Aerospace company, Airbus, has signed new cooperation agreements with China aviation industry during a French state…
Gulf Bank introduces first drive-through ITM in Kuwait
Gulf Bank has announced on Sunday its first drive-thru Interactive Teller Machine (ITM) and ATM service in its…
China’s CICC plans to expand in Saudi Arabia, UAE
China International Capital Corp (CICC) is exploring expansion plans in Saudi Arabia and the United Arab Emirates,…
Suez Canal revenues hike by 38.5% in March
Egypt's Suez Canal Authority (SCA) said in its data that Suez Canal’s revenues have hit a record high, increasing…
World Bank forecasts 4% growth in Egypt’s GDP
The World Bank (WB) has predicted Egypt’s gross domestic product (GDP) to grow by four percent in fiscal years…