European stock markets experienced a varied day of trading on Wednesday, with the STOXX 600 index seeing …
Banking Sector
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In a robust trading session this Sunday, the Commercial International Bank (CIB) led the banking sector’s gains, …
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JPMorgan Chase & Co. announced on Tuesday its partnership with France’s primary payment network, Cartes Bancaires (CB), …
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BanksIndustry & TradeInternational NewsMoneyNewsTech/AI
Deutsche Bank acquires UK broker Numis
by Sama Mousaby Sama MousaDeutsche Bank has completed its full acquisition of London-based boutique investment bank, Numis, the German bank said …
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BanksFeatureMoneyTech newsTech/AI
Banque du Caire launches central security unit
by Sama Mousaby Sama MousaBanque du Caire launched a central security control unit to monitor operations at its branches, said an …
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BanksEgypt NewsFeatureFinancial InstitutionsMoneyNews
CBE eases banking access for illiterate, elderly
by Sama Mousaby Sama MousaThe Central Bank of Egypt (CBE) introduced new facilities on Tuesday to help illiterate and elderly customers …
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Egypt is eyeing selling a stake in Banque Misr to a strategic investor in 2024, the bank’s …
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BanksMENA NewsMoneyNewsTech/AI
HSBC Oman merges with Sohar International Bank
by Sama Mousaby Sama MousaHSBC Bank Oman merged with Sohar International Bank of Oman on Thursday, according to Muscat Stock Exchange …
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BanksFeatureMoney
Fitch: Egyptian banks’ capital ratios can withstand a further pound depreciation
by Yomna Yasserby Yomna YasserEgyptian banks’ regulatory capital ratios can withstand further Egyptian pound depreciation as they are supported by healthy …
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Egypt’s parliament resumed on Sunday discussing the government’s new drafted law on the Central Bank of Egypt …