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

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

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

Munich Re ups profit guidance on healthy quarter

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

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

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

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

Egyptian foreign reserves down more than $1.5bn, at $18.5bn

Government has to pay $250m in September as dues of bonds issued…

Doaa Farid

NBE postpones issuance of international bonds

Bank repays bonds, amounting to $600m, which it offered in August 2010

Hossam Mounir

Greek banking stocks plunge again

Greece's banking stocks have plunged for the second day in a row,…

Deutsche Welle