Economy reels from recent turmoil
Economic experts weight in on the effects of ongoing violence
Banks consider cutting interest rates on deposits
The banks stated that they would study ways and mechanisms to decrease…
Fitch Group’s new credit downgrade of Egypt does not take into account recent aid received from the Gulf
The analysts stated that the recent downgrade would not have a large…
Banks close early ahead of ultimatum
The Central Bank of Egypt orders banks to close early before army’s…
Egyptian banks to keep their doors open through 30 June protests
Some banks convene meeting to form emergency plans, intensify security in case…
Bank tax law amended following criticism
The law, which taxes funds set aside by banks to cover potential…
Op-ed review: Adjusting the tax law…a new cycle of economic confusion
Ziad Bahaa El-Din Al-Shorouk Newspaper Columnist Ziad Bahaa El-Din tackles the issue…
Business News: Large banks ranked most efficient while small banks achieve fastest growth
CIB rated as most efficient, followed by NSGB, while HSBC places third…
Egypt: International banks eyeing long-term growth
Egypt’s market is also attracting attention from Gulf banks
Downgrade expected to negatively impact pharmaceutical industry: Experts
Adverse affects on banks following Egypt's downgraded S&P rating extend to pharmaceuticals