Banks Egypt FDI rises to $7.9 billion in FY2016/17 – c.bank Yomna Yasser Oct 24, 2017 0 Foreign direct investment in Egypt rose to $7.9 billion in the 2016-17 financial year that ended last June,…
Banks Qatar’s deposit outflows slow in September as sanctions impact starts to fade Yomna Yasser Oct 24, 2017 0 Outflows of deposits from Qatar’s banking system slowed during September as the impact of sanctions imposed by…
Banks Saudi Prince Alwaleed says bitcoin will implode: ‘Enron in the making’ Yomna Yasser Oct 24, 2017 0 Saudi billionaire investor Prince Alwaleed bin Talal said on Monday that bitcoin would "implode" one day. "It just…
Banks Russia’s interest in bitcoin is overestimated: VTB International chief Yomna Yasser Oct 24, 2017 0 Russia's appetite for bitcoin has been overblown by the media, the head of Russian bank VTB International has told…
Banks Egypt’s Banque Misr opens Russian office Yomna Yasser Oct 24, 2017 0 Egypt’s second-largest state-run bank, Banque Misr, has opened a representative office in Moscow to facilitate…
Banks Informal sector contributes 50-70% of Egypt’s GDP: NBE chief Yomna Yasser Oct 23, 2017 0 The informal economy makes up between 50 percent and 70 percent of Egypt’s GDP, the head of one of the largest…
Banks QNB’s SME funding in Egypt hit 17.2 bln pounds Yomna Yasser Oct 23, 2017 0 Qatar National Bank’s financing for small and medium-sized businesses in Egypt is currently worth around 17.2…
Banks Egypt’s Export Development Bank to sign Afreximbank $500 mln deal in days Yomna Yasser Oct 23, 2017 0 Chairperson of Egypt’s Export Development Bank (EDBE) expects her bank will sign a $500 million financing facility…
Banks National Bank of Egypt attracts one million clients from CDs in one year Yomna Yasser Oct 23, 2017 0 National Bank of Egypt (NBE), the country's largest state bank, says it has received around 360 billion Egyptian…
Banks Cryptocurrencies ‘not mature enough’ to assess impact; says Saudi regulator Yomna Yasser Oct 23, 2017 0 Cryptocurrencies are "not mature enough" yet to assess the impact they could have on regulation and the economy, a…