Moody’s cuts Oman banking outlook on weaker government support
The outlook for Oman’s banking sector was cut to negative by Moody’s Investors Service to reflect a reduction in…
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China bans firms from raising money through ICOs, asks regulators to inspect 60 platforms
Local outlet Caixin reported that a notice, issued by a working committee that oversees risk in the country's…
CBE Egypt caps pilgrims cash to $10,000
Central Bank of Egypt (CBE) has set the limit of portable funds per capita during the performance of the Hajj rites…
Egypt’s policy measures improve banking but investments slow: BLOM official
Egypt's policy decisions last November to float the pound and subsequently raise interest rates have improved…
Egypt lures back investors with higher rates, quickening growth: experts
In Egypt, it's not just ancient antiquities being rediscovered, as the North African country's asset markets have…
Egypt’s CBE seen holding interest rates following unexpected hikes
Central Bank of Egypt (CBE) is seen leaving key interest rates unchanged this month, a Reuters poll indicated on…
AfDB, Egypt in talks for $3bn cooperation scheme
Egypt’s Ministry of Investment and International Cooperation recently met with the African Development Bank (AFDB)…
World Bank delegation to visit Egypt Sunday: minister
Egypt's Minister of Investment Sahar Nasr will meet on Sunday with a delegation from the World Bank to…
U.S. dollar maintains price in Egyptian banks
The US exchange rate against the Egyptian pound maintained its rates within bank dealings on Sunday. According to…
Bejing may be hurting its own banks by forcing them to drop risky assets
As banks in China release their financial report cards this month, investors can expect clearer signs on how well…