UAE asks banks for information on 19 Saudis’ accounts: sources
The United Arab Emirates Central Bank and securities regulator have asked banks and finance companies in the UAE…
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Banks
C.bank says Egypt hopes to issue €650mn one-year treasury bill
Egypt’s Ministry of Finance plans to sell 650 million euros in one-year euro-denominated treasury bills to local…
Egypt’s SAIB Bank net profit falls to $5.3 million in Q3
Third-quarter net profit of Societe Arabe Internationale de Banque (SAIB), the first joint Arab Bank working in…
Tycoon Naguib Sawiris says dreams of owning a private bank in Egypt
Egyptian billionaire businessman Naguib Sawiris said Tuesday that he wants to open a private bank in Egypt.…
Egyptian Gulf Bank 9-month profits jump 21%
Egyptian Gulf Bank (EGB) reported Wednesday a 21 percent increase in its nine-month profits to reach 373.3 million…
Egyptian Gulf Bank 9-month profits jump to 373.3 million pounds
Egyptian Gulf Bank (EGB) reported an increase in its nine-month profits to reach 373.3 million Egyptian pounds…
Saudi banks freeze over 1,200 accounts in probe, number still rising: sources
Saudi Arabian banks have frozen more than 1,200 accounts belonging to individuals and companies in the kingdom as…
Suez Canal Bank profits up to 301.4mn pounds in nine months
Egyptian Suez Canal Bank’s profits rose to 301.4 million Egyptian pounds ($56,575) during the first nine months…
China’s central bank chief urges Beijing to promote equity, cut debt, eliminate…
China's central bank boss spelled out his strategy to prevent a future financial crisis, urging broadened equity…
Remittances from Egyptians abroad up 24.4% in September: CBE
The Central Bank of Egypt (CBE) announced on Thursday that remittances from Egyptian abroad increased 24.4…
