Egypt Banks in Tahrir Sq Fully Closed For Second Day In Row
All the banks' branches located in Egypt's Tahrir Square decided to remain closed for fear of a potential violence…
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Banks
Europe Stocks Higher With Banks, H&M, Siemens Up
European stock markets opened higher on Monday with banks among the gainers. The move higher comes despite a weaker…
NBE: Stocking ATM with Cash, Withdrawals Rates Going Normally
Mohamed Ihab, head of transaction banking group at National Bank of Egypt (NBE), revealed that the bank's…
Egypt Banks Announces July 1st Official Holiday On New FY
Banks in Egypt will be closed on 1 July due to end of 2012/13 fiscal year. Egypt’s banks and stock exchange…
QNB Group signs MOU with Attijariwafa Bank of Morocco
QNB, the World’s Strongest Bank, has signed a Memorandum of Understanding with Attijariwafa Bank, the first Bank in…
Saudi Banks To Gain From Sukuk Growth
The Saudi sukuk market will continue to grow over the next 12-18 months, a credit positive for Saudi banks,…
NBK Opens New Branch In Abu Dhabi, The Second In UAE
National Bank of Kuwait (NBK) yesterday opened its new branch in Abu Dhabi, the second in the United Arab Emirates…
Why Citi Wants To Rack Up U.S. Taxes
Over the past few years, Citigroup Inc has been grappling with an unusual problem - how to incur more U.S. taxes.…
Deutsche Bank ‘Horribly Undercapitalized’ – U.S. Regulator
A top U.S. banking regulator called Deutsche Bank's capital levels "horrible" and said it is the worst on a list of…
Emerging Markets At Risk When Loose Policies End -World Bank
The World Bank said eventual monetary tightening in advanced economies could crimp growth in emerging markets as…