Banks CIB leads banking sector gains in EGX Sunday trading Aya El Sayed Mar 10, 2024 0 In a robust trading session this Sunday, the Commercial International Bank (CIB) led the banking sector’s gains,…
Banks JPMorgan chooses France’s CB over Visa, Mastercard Aya El Sayed Mar 5, 2024 0 JPMorgan Chase & Co. announced on Tuesday its partnership with France’s primary payment network, Cartes…
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…
Money CBE eases banking access for illiterate, elderly Sama Mousa Sep 5, 2023 0 The Central Bank of Egypt (CBE) introduced new facilities on Tuesday to help illiterate and elderly customers (65+…
Money Egypt to sell stake in Banque Misr in 2024 Sama Mousa Sep 5, 2023 0 Egypt is eyeing selling a stake in Banque Misr to a strategic investor in 2024, the bank’s chairman Mohamed…
Money HSBC Oman merges with Sohar International Bank Sama Mousa Aug 20, 2023 0 HSBC Bank Oman merged with Sohar International Bank of Oman on Thursday, according to Muscat Stock Exchange (MSX).
Money Fitch: Egyptian banks’ capital ratios can withstand a further pound depreciation Yomna Yasser Jan 17, 2023 0 Egyptian banks’ regulatory capital ratios can withstand further Egyptian pound depreciation as they are supported…
News Egypt’s parliament Oks conditions for licensing foreign lenders Amwal Al Ghad English May 18, 2020 0 Egypt’s parliament resumed on Sunday discussing the government's new drafted law on the Central Bank of Egypt (CBE)…
Feature Egyptian banking sector’s net profits reach $4bln during 2019 Amwal Al Ghad English Apr 22, 2020 0 Banks operating in the Egyptian market achieved net profits of 83 billion Egyptian pound ($ 4 billion) by the end…