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Cryptocurrencies like bitcoin are not ‘mature’ enough to regulate: ECB chief
Cryptocurrencies are not "mature" enough to be considered by the European Central Bank (ECB) for regulation, the…
IMF delegation in Cairo next week to review third loan instalment
A delegation from the International Monetary Fund (IMF) will arrive in Cairo next Tuesday for a review required…
Egypt’s AAIB bank signs SME loan deal with EBRD: sources
Egypt’s Arab African International Bank has signed a financing deal with European Bank for Reconstruction and…
Zurich Insurance expects $700 million in hurricane claims
Zurich Insurance Group AG (ZURN.EB) said on Thursday that it expects to pay out aggregate third-quarter claims…
China’s central bank warns of a sudden collapse in asset prices
China will fend off risks from excessive optimism that could lead to a "Minsky Moment," central bank governor Zhou…
China’s central bank governor likely to retire soon
China's central bank governor Zhou Xiaochuan announced Thursday that he is likely to retire soon, confirming an…
Qatar Islamic Bank Q3 net profit ups 10.9%
Qatar Islamic Bank (QIB), the Gulf state's largest sharia-compliant lender by assets, reported a 10.9 percent jump…
Qatar National Bank’s 2017 loan growth seen rise of 12-14%
Qatar National Bank (QNB), the largest lender in the Middle East and Africa by assets, is expecting loan growth of…
Egypt to narrow budget deficit by 4-5% in 2020: minister
Egypt's Minister of Finance Amr El-Garhy said on Tuesday in Washington that the Egyptian government is aiming to…
World Bank and Egypt discuss disbursement of final $1bn tranche of loan
Egyptian government officials held talks with the World Bank on Tuesday to discuss the accelerated disbursement of…