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Money
China c.bank raises short-term interest rates in fresh tightening signal
China's central bank has surprised financial markets on Friday by raising short-term interest rates on the first…
Germany’s financial capital intends to welcome 10,000 UK bankers
Frankfurt is expecting up to 10,000 financial industry workers to relocate from Britain to Germany's banking…
Pound sterling faces binary implications if it resorts to WTO trade rules post-Brexit
Investors are underestimating the impact of the U.K. and European Union (EU) failing to reach a trade agreement and…
FT: Egypt rides resurgent wave for emerging market borrowing
For Amr al-Garhy, Egypt’s Minister of Finance, winning over international bond investors meant convincing them that…
Deutsche Bank incurs $2 billion loss in Q4 as litigation costs weigh
Embattled German lender Deutsche Bank incurred a net loss of 1.9 billion euros ($2.05 billion) for its fourth…
5 qualifiers vying to win Telecom Egypt’s insurance policy tender
Five insurers are competing to win the new personal accident and public transportation insurance policy launched by…
Banque du Caire officially requests listing on Cairo bourse, eyes IPO in H1
Egypt’s third biggest bank, state-owned Banque du Caire has officially requested to have its shares be listed on…
Deposits at Egypt’s banks surge to 2.224 trillion pounds in October
The total volume of deposits at banks operating in Egypt, aside from the central bank, rose to 2.224 trillion…
Egypt’s CIB: net profits grow 28.2% at 2016-end
Egypt's largest-listed bank, Commercial International Bank (CIB) said Wednesday net profit for 2016 rose 28.2…
Egypt receives $4 billion from Eurobond sale – c.bank governor
Egypt has received around $4 billion on Tuesday from its Eurobond sale, the country’s central bank governor Tarek…