Egyptian Stock Exchange (EGX) traders and investors have demanded an immediate investigation into Monday’s service disruptions at …
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Banks
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European banks are urging the European Union (EU) to classify them as a strategic sector, warning that …
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FeatureMoneyReal Estate
China Vanke receives govt. support amid property crisis
by Aya El Sayedby Aya El SayedChina’s government stepped in to bolster China Vanke, a state-backed property firm currently facing financial difficulties, Reuters …
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The European Central Bank (ECB) plans to maintain a “floor” under market interest rates, with the decision …
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BanksFeatureInternational NewsMENA NewsNews
FAB launches 1st global Sukuk in ‘24
by Aya El Sayedby Aya El SayedFirst Abu Dhabi Bank (FAB) issued on Thursday a five-year Sukuk worth $800 million at a rate …
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The Egyptian Commercial International Bank (CIB) responded to the Egyptian Exchange (EGX) inquiring about the bank’s recent …
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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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BanksEgypt NewsIndustry & TradeMoneyNewsTech/AI
Egypt’s Oriental Weavers sells stake in NBK Egypt
by Sama Mousaby Sama MousaEgypt’s Oriental Weavers Group (OW) sold its 0.70 percent equity in the National Bank of Kuwait – …
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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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Africa NewsBanksNews
Arab African International Bank first-half net profit reaches $106.1mln
by Nada Aliby Nada AliThe African Arab International Bank (AAIB) has achieved a net profit of $106.1 million in the first …
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