Egypt’s central bank has signed on Wednesday a deal with the National Council for Women that calls …
Tag:
Banking Sector
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Banks
Moody’s cuts Oman banking outlook on weaker government support
by Yomna Yasserby Yomna YasserThe outlook for Oman’s banking sector was cut to negative by Moody’s Investors Service to reflect a …
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Financial Institutions
Moody’s: Egypt’s reviving tourism to prop up banking sector
by Yomna Yasserby Yomna YasserA 51 percent year-on-year rise in tourist arrivals in the first quarter of 2017 is likely to …
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forex news
Egyptian pound flotation poses challenges for banks’ 2016 financial positions
by Yomna Yasserby Yomna YasserThe decision of the flotation of the pound towards the end of last year affected all banks …
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International News
Australia to hold new inquiry into ‘Big Four’ banks
by Yomna Yasserby Yomna YasserAustralia will hold an inquiry into competition in the country’s financial system, following a series of scandals …
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Tech news
Hong Kong to launch fintech ‘sandbox’ as rivals pull ahead
by Ghada Ismailby Ghada IsmailHong Kong on Tuesday said it would establish a regulatory regime known as a “sandbox” for financial …
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Egyptian President Abdel Fattah al-Sisi said the banking sector is to inject 200 billion Egyptian pounds ($25 …
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Banque Misr, Egypt’s second-largest state-run bank, plans to raise US$500 million via a dollar-denominated bond on international …
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The volume of Egyptian banking sector recorded EGP2 trillion (US$ 262 billion) at the end of 2014, …
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Minister of Supply Khaled Hanafy said the government has sought to make some economic reforms through policies …