Banks Adani Airports secures $750m financing from global banks Nada Ali Jun 4, 2025 0 Adani Enterprises announced on Wednesday that its airports unit secured $750 million in financing from a consortium…
Featured European banks see Q4 profit surge, ’25 outlook wobbles Aya El Sayed Jan 28, 2025 0 European banks are set to post strong fourth-quarter 2024 profits, fuelled by robust lending margins and investment…
Featured Blackstone to float Spain’s Cirsa shares in €1b IPO Aya El Sayed Nov 25, 2024 0 Private equity giant Blackstone aims to list shares of Spanish gambling company Cirsa in an initial public offering…
Featured WB raises $6.5b in record sustainable bond deal Aya Anwar Aug 21, 2024 0 The World Bank has raised $6.5 billion through a dual-tranche Sustainable Development Bond transaction, marking its…
Featured UK banks can be wound down without public funds – BoE Aya El Sayed Aug 6, 2024 0 The Bank of England (BoE) announced on Tuesday that Britain's top eight banks, including HSBC, Barclays, Lloyds,…
Featured UK consumer spending drops in rainy July Aya El Sayed Aug 6, 2024 0 British shoppers curtailed their spending in July due to rainy weather, as reported by two surveys on Tuesday.
Featured Global banks target carbon emissions in real estate loans Aya El Sayed Jun 2, 2024 0 Loans to commercial real estate at major banks face new tests due to carbon emissions and green regulations, as…
Featured European shares rise as investors await bank earnings reports Aya El Sayed Apr 22, 2024 0 European shares saw a slight increase on Monday, with the STOXX 600 index rising by 0.2 per cent by 0828 GMT,…
Stocks Global stock indexes expected to increase modestly in 2024 Aya Anwar Nov 23, 2023 0 Most key global indexes are predicted to rise next year, while a small majority of stock market experts expected…
Money BREAKING: Egypt’s central bank picks Barclays for United Bank sale Yomna Yasser May 17, 2023 0 Egypt’s central bank has announced on Wednesday that it had picked Barclays Bank as its international financial…
Banks Barclays and Deutsche Bank’s profits climbs Yassmine Elbehnaihy May 1, 2023 0 British multinational universal bank Barclays and Deutsche Bank’s profits surge, as a result of income from higher…
Money Barclays economists count benefits for emerging markets of IMF $500 billion reserve plan Amwal Al Ghad English Mar 7, 2021 0 Barclays Plc economists forecast that several developing nations would see “some tangible benefits” of the…
Money Barclays reports a 42% fall in profit, takes a $2.6 billion credit impairment charge Amwal Al Ghad English Apr 29, 2020 0 Barclays on Wednesday reported a 42 percent fall in first-quarter net profit year-on-year and opted to take a £2.1…
Money Apple drops long time credit-card partnership with Barclays for Goldman Launch Amwal Al Ghad English Aug 4, 2019 0 Apple Inc. and Barclays Plc have dropped the rewards program from their longtime credit-card partnership in advance…
Banks British banks could benefit from US-China trade war: Barclays head Amwal Al Ghad English Oct 9, 2018 0 British banks may stand to gain as United States and China go head to head over trade tariffs, according to the…
International News China is finally accepting lower growth over trade war: Barclays economist Amwal Al Ghad English Oct 9, 2018 0 Chinese authorities are finally coming to terms with a lower rate of growth as the trade war with the United States…
Banks Barclays triples Q2 profits, best quarter for more than three years Amwal Al Ghad English Aug 2, 2018 0 Barclays reported improved figures for its earnings during the second quarter of the year, a welcome sign to…
forex news Barclays says Saudis can keep oil prices anchored near $70 Amwal Al Ghad English Jul 11, 2018 0 Barclays said in a research note on Tuesday that oil prices is set to back away from $80 a barrel over the next six…
Banks Barclays Q3 pretax profit hits 1.1 bln stg Yomna Yasser Oct 26, 2017 0 Barclays reported Thursday a worse than expected profit before tax for the third quarter of 1.1 billion pounds…
Banks Morocco’s Attijariwafa to rebrand acquired Egyptian Barclays business in mid-Nov. Yomna Yasser Oct 22, 2017 0 Morocco’s Attijariwafa Bank plans to rebrand its recently acquired Barclays’ assets in Egypt under the Attijari…
Banks Britain could lose 40,000 investment banking jobs in Brexit exodus: report warns Yomna Yasser Aug 1, 2017 0 The U.K. could lose up to half of its investment banking jobs in the coming few years if the government continues…
Banks Barclays incurs $1.6 billion losses on Africa sale, but CEO Staley says feels optimistic Yomna Yasser Jul 29, 2017 0 U.K. lender Barclays posted a net loss of £1.21 billion ($1.58 billion) for the first half of 2017, hit by the drop…
World European stocks open higher; Barclays court case eyed Yomna Yasser Jul 3, 2017 0 Bourses in Europe opened higher on Monday, entering into the new month on a solid footing after markets posted…
World Europe stocks close lower as Barclays charged with fraud Yomna Yasser Jun 20, 2017 0 European bourses ended lower on Tuesday as oil prices fell to seven-month lows and investors digested comments…
Banks Barclays CEO Staley will face his shareholders Wednesday over whistleblower scandal Yomna Yasser May 9, 2017 0 Barclays chief executive Jes Staley will come under the spotlight at the company's annual general meeting this…
Banks Morocco’s Attijariwafa to hire global advisor for 5-year Egypt strategy Yomna Yasser May 8, 2017 0 Morocco’s Attijariwafa Bank will choose an international consulting firm to develop a five-year strategy for its…
Banks Morocco’s Attijariwafa paid twice book value for Barclays Egypt takeover Yomna Yasser May 8, 2017 0 Morocco's Attijariwafa Bank paid twice book value to take over Barclays' Egyptian business and hopes the…
Banks Morocco’s Attijariwafa Bank to unveil work plan in Egypt today Yomna Yasser May 7, 2017 0 Morocco’s Attijariwafa Bank will announce on Sunday the details of the acquisition deal of Barclays-Egypt, as well…
Banks Morocco’s Attijariwafa Bank completes acquisition of Barclays Egypt unit Yomna Yasser May 4, 2017 0 Morocco's Attijariwafa Bank announced Wednesday it completed the acquisition of 100 percent of Barclays’ retail and…
Banks Barclays reports trebling of pretax profit for 2016 Yomna Yasser Feb 23, 2017 0 Barclays recorded worse-than-expected net profits for 2016, but posted a surprise uptick in its capital buffers as…
Tech news Barclays tests new cash withdrawal system via smartphones Ghada Ismail Nov 22, 2016 0 Barclays is trialling new cash machines that allow customers to make withdrawals via their smartphones. The…
World European stocks fall on US election uncertainty Yomna Yasser Nov 2, 2016 0 European stocks were lower during morning trade Wednesday as doubts over the U.S. election outcome intensified and…
Banks Barclays sells Egypt businesses to Morocco’s Attijariwafa Bank Yomna Yasser Oct 4, 2016 0 Barclays Bank has agreed to sell its retail and corporate banking business in Egypt to Attijariwafa Bank, Morocco's…
Banks Emirates NBD, Morocco’s Attijariwafa eye Barclays Egypt unit Yomna Yasser Sep 7, 2016 0 The sale of British bank Barclays' Egyptian business has attracted bids from the two largest banks in Morocco and…
Banks Barclays H1 profit climbs 32% in Egypt Yomna Yasser Aug 30, 2016 0 Barclays PLC posted a 32 percent y-o-y higher profits in Egypt during the first half of the year, the Egyptian arm…
Banks Barclays on track for deals bonanza to lighten its balance sheet: WSJ Yomna Yasser Aug 27, 2016 0 U.K. banking giant Barclays is on track to close several deals in coming weeks dedicated to lighten its balance…
Banks Barclays agrees to pay $100 mln to settle Libor claims Yomna Yasser Aug 9, 2016 0 Barclays PLC has agreed to pay $100 million to end investigations by 43 states and the District of Columbia into…
World FTSE 100 drops as oil prices stay mired in bear territory Yomna Yasser Aug 2, 2016 0 Stocks in the U.K. dropped on Tuesday, with energy shares falling as oil prices linger in bear-market territory,…
Banks ‘European banking sector is challenged,’ Barclays CEO warns Yomna Yasser Jul 30, 2016 0 With eurozone banks firmly in the spotlight on Friday ahead of the publication of regional stress testing results,…
Banks Barclays begins Egypt sale process, Emirates NBD, Attijariwafa Bank show interest Yomna Yasser Jul 20, 2016 0 Barclays has begun a formal process to sell its Egyptian unit, with at least two banks from the Middle East and…