Search Result
" banks"

977 results

Business - Economy
7/12/2023 4:01:15 PM
The Ministry of International Cooperation announced on Wednesday, that the European Bank for Reconstruction and Development (EBRD) provided $532.5 million in soft development financing to two Egyptian state-owned banks and an equity fund.

Business - Economy
7/10/2023 9:48:17 PM
A senior Federal Reserve official has proposed raising capital requirements for large and mid-sized US banks as part of a "comprehensive" series of measures to tighten banking regulation and supervision.

Business - Markets & Companies
7/5/2023 1:37:02 PM
Equity markets sank Wednesday as another round of data showed China's economy continued to struggle in June, with little hope that its leaders can unveil the blockbuster stimulus needed to kickstart growth.

Business - Economy
6/23/2023 1:29:06 PM
Equity markets sank Friday and oil extended a sharp selloff after a string of interest rate hikes by central banks revived worries about the global economy.

Business - Economy
6/22/2023 5:48:17 PM
A group of wealthy nations and multilateral development banks have promised to mobilise 2.5 billion euros to help Senegal reduce its dependence on fossil fuels, President Macky Sall said Thursday.

Business - Economy
6/21/2023 5:05:48 PM
Egyptian banks will be closed from 27 June to 3 July in celebration of Eid Al-Adha and the 30 June Revolution, according to a statement by the Central Bank of Egypt (CBE) on Wednesday.

Business - Economy
6/7/2023 6:55:45 PM
Gold prices declined by 0.9 percent in May in North American currencies, but increased by a range between 0.1 and 5.8 percent in other global currencies, including the sterling and the Yuan, according to a report by World Gold Council that was released on Wednesday.

Business - Economy
6/7/2023 12:45:51 PM
The global economy must steer through a precarious recovery this year and next as inflation keeps dragging on household spending and higher interest rates weigh on growth, banks and markets.

Al-Ahram Weekly - Opinion
6/1/2023 12:18:00 AM
Why is it important to guarantee the independence of the world’s central banks and review their specific mandate, governance, and accountability asks Mahmoud Mohieldin.

Egypt - Society
5/30/2023 10:35:34 PM
Hajj costs have skyrocketed by more than 85 percent in the past year. This enticed a number of Egyptian banks to offer loans to those seeking to perform the religious duty. Enter controversy.

Business - Economy
5/21/2023 12:34:46 PM
The Central Bank of Egypt (CBE) has launched an initiative enabling banks to operate outdoors in all governorates across Egypt and open accounts without fees or minimum deposit, according to a press release on Sunday.

Business - Economy
5/17/2023 9:10:15 PM
Fitch Ratings downgraded on Wednesday four Egyptian banks' Long-Term Issuer Default Ratings (IDRs) to 'B' from 'B+' and Viability Ratings (VRs) to 'B' from 'B+', and maintained their outlooks as Negative.

World - Africa
5/14/2023 10:59:08 AM
Around 200,000 people have been displaced due to flash flooding in central Somalia, a regional official told AFP, as the Shabelle River burst its banks and submerged roads.

Business - Markets & Companies
5/9/2023 10:13:31 AM
Oil giant Saudi Aramco announced first-quarter net profit of $31.9 billion on Tuesday, down 19.25 percent from a year earlier after a drop in crude prices.

Business - Economy
5/2/2023 2:29:33 PM

Business - Tech
5/2/2023 2:04:42 PM
Mastercard has partnered with the Central Bank of Egypt (CBE) and the Egyptian Banks Company (EBC) to facilitate the implementation of the central bank's regulations for tokenisation and develop relevant infrastructure for banks operating in Egypt, according to a statement on Tuesday.

Business - Economy
5/1/2023 6:00:55 PM
Standard & Poor (S&P) Global Ratings has revised its outlooks on the National Bank of Egypt (NBE), Banque Misr, and Commercial International Bank (CIB) to negative from stable.

Business - Economy
4/27/2023 6:49:14 PM
The Central Bank of Egypt (CBE) announced on Thursday that banks operating in Egypt will be closed next Thursday 4 May to celebrate Labour Day.

Business - Economy
4/26/2023 5:08:05 PM
Central banks in the Middle East and Central Asia (MECA) region, including Egypt, may need to adopt tighter monetary policies in order to tackle surging inflation, according to the second chapter of the IMF Regional Economic Outlook May 2023 Report.

Business - Economy
4/25/2023 1:40:09 PM
In a sign fears about the global financial system have eased for now, major central banks are scaling back their offer of emergency dollar loans to banks, a crisis step launched after the collapse of Silicon Valley Bank in the U.S. fed fears about wider troubles.

Prev 1 2 3 4 5 6 7 8 9 10 Next >> Last