Tag: banks

Economy reels from recent turmoil

Economic experts weight in on the effects of ongoing violence

Sara Aggour Sara Aggour

Banks consider cutting interest rates on deposits

The banks stated that they would study ways and mechanisms to decrease…

Daily News Egypt Daily News Egypt

Banks close early ahead of ultimatum

The Central Bank of Egypt orders banks to close early before army’s…

Nada Badawi Nada Badawi

Egyptian banks to keep their doors open through 30 June protests

Some banks convene meeting to form emergency plans, intensify security in case…

Daily News Egypt Daily News Egypt

Bank tax law amended following criticism

The law, which taxes funds set aside by banks to cover potential…

Daily News Egypt Daily News Egypt

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…

Thoraia Abou Bakr Thoraia Abou Bakr

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…

Daily News Egypt Daily News Egypt

Egypt: International banks eyeing long-term growth

Egypt’s market is also attracting attention from Gulf banks

Daily News Egypt Daily News Egypt

Downgrade expected to negatively impact pharmaceutical industry: Experts

Adverse affects on banks following Egypt's downgraded S&P rating extend to pharmaceuticals

Daily News Egypt Daily News Egypt