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Money
R3 welcomes CIB bank Egypt to distributed ledger consortium
Egypt’s largest listed bank, Commercial International Bank (CIB) has joined the financial innovation firm R3’s…
Egypt to host 2018 African Caucus conference
Egypt’s investment minister Sahar Nasr was announced as the new chairperson of the African Caucus on the sidelines…
It’s time to get serious about digital currency: IMF’s Lagarde
It is time for the world's central banks and regulators to get serious about digital currencies, according to the…
A U.S. debt ceiling crisis ‘certainly would be rating relevant,’: S&P
S&P Global Ratings sounded Thursday a word of caution on the U.S. Speaking with CNBC on the sidelines of the…
BoE’s Carney: it may be appropriate to increase interest rates in coming months
Bank of England’s Governor Mark Carney said there likely will be an interest rate increase in the UK soon as the…
Bitcoin’s market value is now bigger than Goldman Sachs and Morgan Stanley
Bitcoin's market capitalisation has surpassed major stocks such as Goldman Sachs and Morgan Stanley, after the…
Russia FinMin: cryptocurrencies are a ‘fact of life’ that shouldn’t be…
Russia's minister of finance has detailed the wide-ranging assessment his country is undertaking on…
Fitch affirms Egypt’s National Bank at ‘B’
Fitch Ratings has affirmed National Bank of Egypt's long-term issuer default ratings at 'B', viability rating at…
Singapore central bank, bank association, Accenture in blockchain tie-up
U.S. consulting company Accenture said on Thursday it has been appointed by the Monetary Authority of Singapore…
World Bank: Egypt’s budget deficit to fall 8.8% in FY2017/18
Egypt's budget deficit is expected to ease to 8.8 percent within the financial year 2017/2018 following a series…