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Cryptocurrencies ‘not mature enough’ to assess impact; says Saudi regulator
Cryptocurrencies are "not mature enough" yet to assess the impact they could have on regulation and the economy, a…
Cairo Development and Investment board approves capital decrease to 94mn pounds
Cairo Development and Investment Company’s board approved Monday issued and paid-up capital decrease to 94 million…
UAE central bank survey projects moderate growth in loan demand
Demand for business credit and personal loans in the United Arab Emirates increased marginally in the…
Egypt’s Banque Misr to open Russia office this week – vice chief
Egypt’s second largest bank, state-run Banque Misr is preparing to open its representative office in Russia this…
NBE bank pumps 1.016 bln pounds in Egypt’s micro-sized project initiative
Egypt’s largest state-run lender, the National Bank of Egypt, has pumped 1.016 billion Egyptian pounds ($57.6…
Morocco’s Attijariwafa to rebrand acquired Egyptian Barclays business in mid-Nov.
Morocco’s Attijariwafa Bank plans to rebrand its recently acquired Barclays’ assets in Egypt under the Attijari…
Banque Misr on track to open a new office in China
Egypt’s oldest bank, Banque Misr plans to open another representative office in China in the coming period, its…
Bitcoin smashes through $6,100 to hit a new record high
Bitcoin set a new record high on Saturday breaking through the $6,100 barrier. The cryptocurrency hit an all-time…
U.S. budget deficit widens to $666 billion in FY2016/17
The U.S. budget deficit widened to $666 billion for the financial year 2016/2017 as record spending more than…
Bitcoin surges above $6,000 for the first time on heavy trading volume
Bitcoin surged by five percent to a record high above $6,000 on high trading volume Friday. The cryptocurrency hit…