Bank of Russia to tighten policy amid inflation concerns
The Bank of Russia has indicated the need for additional tightening of monetary conditions to curb inflationary…
Urgent: Sisi extends c. bank’s governor term for additional year
Egypt’s President Abdel Fattah al-Sisi has extended the tenure of Hassan Abdullah as governor of the Central Bank…
AATB boosts Arab-African trade co-operation
The Arab Africa Trade Bridges (AATB) Programme concluded its 4th Board of Governors Meetings on July 2, 2024, in…
Egypt, UAE, Saudi Arabia boast compelling investment pillars – Freezoner
Egypt, the UAE, and Saudi Arabia boast compelling investment pillars, with the North African country drawing around…
European banks face interest rate test in earnings reports
Investors are eagerly awaiting the first quarter earnings reports from major European banks, starting with…
Egypt’s banks raise credit card limits for intl. use
Several Egyptian banks have adjusted their credit card withdrawal and purchase limits for international…
Egypt becomes first Arab, African country to issue panda bonds worth $500 million
Egypt sold a 3.5 billion yuan ($500 million) three-year panda bond in China’s onshore market on Monday, in the…
Egypt’s Hassan Abdalla gets second term as central bank acting governor
Egypt’s President Abdel Fattah al-Sisi has on Thursday renewed Central Bank Acting Governor Hassan Abdalla’s term.
The Banker: Egypt remains key African investment hub despite economic hassles
Egypt continues to stand out as one of Africa’s key investment hotspots, despite the country’s mounting economic…
ABK-Egypt Bank joins Instant Payment Network ‘InstaPay’
Egypt’s Al Ahli Bank of Kuwait (ABK) has joined the InstaPay mobile application, which allow clients to process…
