Tag: bank

Banking outlook remains negative, unchanged since 2011: Moody’s

Government continues to rely on local banks to fill funding gap in…

Sara Aggour Sara Aggour

Moody’s says Egypt banking sector outlook still negative

Moody’s cited “banks’ high and increasing exposure to Caa1-rated Egyptian government debt”,…

Daily News Egypt Daily News Egypt

Central Bank of Egypt earmarks $1.44bn for low-cost housing

Reuters - Egypt’s central bank said on Tuesday it would allocate EGP…

Daily News Egypt Daily News Egypt

Private companies’ struggles re-emerging: HSBC

Demand from foreign markets is rising, but output and new orders are…

Sara Aggour Sara Aggour

QNB financial services expands coverage to Saudi, Egypt, UAE

QNB Financial Services accounted for 25% of transactions in the Qatari market,…

Daily News Egypt Daily News Egypt

Turkey’s central bank signals crisis rate rise

The bank also raised its outlook for inflation.

Daily News Egypt Daily News Egypt

Egyptian bank says lining up first IPOs since Mubarak era

The last IPO on the Egyptian exchange was in 2010.

Daily News Egypt Daily News Egypt

Qatar’s Masraf Al Rayan buys Islamic Bank of Britain

Reuters - Masraf Al Rayan, Qatar's largest sharia-compliant bank by market value, said on…

Daily News Egypt Daily News Egypt

Swiss banks sign up to reveal hidden accounts

Around 40 of Switzerland's some 300 banks have already said publicly they…

Daily News Egypt Daily News Egypt

Ministry of Health announces state of emergency after freezing assets of NGOs

The ministry says it is able to compensate for halted NGO health…

Fady Ashraf Fady Ashraf