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Money
Foreign investments in Egypt debt jump to 285 bln pounds at August-end
Foreign investments in Egypt’s domestic debt instruments jumped to 285.02 billion Egyptian pounds ($16.15 billion)…
Women-led businesses capture 70% of Egypt banks’ MSME funding
Egyptian central bank’s assistant sub-governor says around 70 percent of the banks’ financing for micro, small and…
Egypt’s NBE bank seeks Kfw, EIB loans of up to €800 mln
National Bank of Egypt (NBE), the country's largest state bank, is negotiating loans worth €800 million ($941.1…
Barclays Q3 pretax profit hits 1.1 bln stg
Barclays reported Thursday a worse than expected profit before tax for the third quarter of 1.1 billion pounds…
Deutsche Bank Q3 profits more than double, smash market estimates
German lender Deutsche Bank reported Thursday a strong increase in third-quarter net profit, beating analyst…
ECB’s Mario Draghi needs to avoid a ‘taper tantrum’ at policy making meeting
The European Central Bank (ECB) meets Thursday for its long-awaited policy decision, potentially spelling out the…
NBK Egypt reports net profit worth 1.16 billion pounds in Q3
National Bank of Kuwait–Egypt (NBK), the Gulf Arab state’s largest commercial lender, reported a net profit of 1.16…
Deutsche Bank reaches $220 million Libor settlement with U.S. states
Deutsche Bank has reached a $220 million settlement with 44 states and the District of Columbia who say the German…
Global largest payments network operator Visa posts 11% up in Q4 profit
Visa Inc, the world’s largest payments network operator, reported Wednesday an 11 percent increase in its…
Visa launches foundation for MSMEs growth with initial focus on Egypt and Nigeria
Global payments technology company Visa has launched the newly-incorporated Visa Foundation, which has been…