Banking

The latest banking stories from Egypt and across the globe, by the Daily News Egypt banking team, including global insight and commentary on the top issues concerning this sector.
Latest Banking News

AAIB offers EGP 142m loan to Shorouk for Modern Printing

Shorouk to use fund as alternative for International Finance Corporation loan to…

Daily News Egypt Daily News Egypt

Arab Bank wins Middle East’s Best Trade Finance Bank award by EMEA Finance

Arab Bank is always keen on strengthening customer confidence, said Senior Vice…

Daily News Egypt Daily News Egypt

5 Egyptian banks among world’s top 1,000 banks: Union of Arab Banks

The Banker magazine report monitored largest world banks, according to Tier1Capital

Hossam Mounir Hossam Mounir

New Suez Canal’s 8 important messages to the world on its inauguration: Arab Sudanese BankVP

Egypt's ability to implement major projects in record time is the most…

Hossam Mounir Hossam Mounir

14 direct benefits for Egyptian economy due to Suez Canal projects: Banking expert

Banks should exert more effort to support development instead of focusing on…

Hossam Mounir Hossam Mounir

Munich Re ups profit guidance on healthy quarter

Germany's Munich Re has reported a marked rise in second-quarter profit. The…

Deutsche Welle Deutsche Welle

UAE banks seek to be largest financer of Suez Canal projects

Emirates NBD is prepared with local and foreign liquidity to engage in…

Hossam Mounir Hossam Mounir

Billions expected to flow into Egypt after New Suez Canal opening: Analysts

Canal income to increase to approximately $13bn annually, over $100bn expected income…

Hossam Mounir Hossam Mounir

Large number of funds, little information reduces citizens’ turnout to donate: Experts

Farhet Misr Fund should be subject to supervision by Central Auditing Organization…

Shaimaa Al-Aees Shaimaa Al-Aees