Egypt’s current account deficit falls 50% in Q4 of FY2017: CBE
Egypt’s current account deficit narrowed by 50 percent in the fourth quarter of financial year 2016/2017 to stand…
Browsing Tag
Banks
Bank of Canada’s silence leaves markets looking for more clues on rates
The Bank of Canada’s reticence to guide markets on the future path of monetary policy has left many scrambling to…
What to expect ahead of the Bank of England’s Sept. policy meeting
The Bank of England is expected to hold interest rates steady and make no changes to its asset purchasing program…
UK banks call for mutual recognition agreement with EU after Brexit
Britain and the European Union should accept each other’s rules governing financial services in a “flexible”…
Banque Misr reaches 1.1bn pounds settlement with Mubarak era figure
Banque Misr said Friday that it recently reached a settlement over the debt of businessman Ibrahim Kamel, worth a…
European Central Bank keeps key interest rates unchanged
The European Central Bank kept key interest rates and its mass bond-buying program unchanged Thursday, as markets…
Egypt’s Pharos Holding eyes 7.5bn pounds agreements in 18 months
Egypt’s Pharos Holding investment bank is targeting deals worth 7.5 billion Egyptian pounds ($427.84 million) in…
Switzerland investigating legal status of Egypt’s Mubarak assets in Swiss banks
Investigations into former Egyptian president Hosni Mubarak's frozen assets in Swiss banks are being conducted…
Egypt clears huge financial backlog as it rebounds from USD shortage
Egypt has cleared a multibillion-dollar backlog of foreign-currency requests from importers and foreign companies…
World’s second-longest serving central banker out in Oman
Oman’s ruler replaced the head of the central bank after 26 years in the job as the Gulf Arab monarchy struggles to…