Banks Nordea predicts strong return on equity despite Q4 profit shortfall Aya El Sayed Feb 5, 2024 0 Nordea, Nordic region’s largest bank, announced a fourth-quarter profit that fell short of expectations on Monday.…
Banks UniCredit targets ’24 success, to mirror ’23 performance Aya El Sayed Feb 5, 2024 0 UniCredit bank announced on Monday that it aims to replicate its 2023 performance in 2024, despite economic…
Money CBE mourns prominent bankers Hatem Sadiq, Gamal Muharram M.S.Salama Jan 19, 2024 0 With deep regret and sorrow, Mr. Hassan Abdullah, Governor of the Central Bank of Egypt, and his deputies mourn the…
Money Deutsche Bank acquires UK broker Numis Sama Mousa Oct 15, 2023 0 Deutsche Bank has completed its full acquisition of London-based boutique investment bank, Numis, the German bank…
Money Banque du Caire launches central security unit Sama Mousa Sep 14, 2023 0 Banque du Caire launched a central security control unit to monitor operations at its branches, said an emailed…
Banks Billionaire Naguib Sawiris plans to set up Egypt-based SME bank Hesham Ibrahim Apr 2, 2019 0 Egyptian tycoon Naguib Sawiris said on Monday he seeks to set up a bank in his country specialising in services for…
Feature Egypt, AfDB discuss boosting cooperation in different developmental domains Amwal Al Ghad English Mar 7, 2019 0 Prime Minister Moustafa Madbouli asserted Egypt's keenness on increasing the volume of cooperation with the African…
Banks European bank stocks drop amid stress over Turkey Amwal Al Ghad English Aug 13, 2018 Banks dragged European shares down on Monday as a growing economic crisis in Turkey shook investor confidence in…
Banks Net foreign reserves rise to $20 million in November: Egypt’s c.bank Yomna Yasser Dec 5, 2017 0 The Central Bank of Egypt (CBE) said that the country’s net foreign currency reserves rose to $20 million at the…
Banks Germany’s KFW bank finances €1.8 billion flagships in Egypt Yomna Yasser Nov 4, 2017 0 Germany's state-run development bank KFW has provided financing for projects currently in the country that is…