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Business - Economy
CBE returns to official banking hours tomorrow
2/9/2011 4:33:22 PM
Business - Economy
Egypt pound hits 6-year low, but market stable
2/7/2011 4:12:15 PM
As Egyptian businesses cranks back into action with banks opening and factories producing, the economy faces a testing time with confidence low
Business - Economy
Qatar conventional banks to close down Islamic branches by end of 2011
2/7/2011 2:19:17 PM
The Central Bank of Qatar has asked conventional banks in the country to close down their Islamic banking branches by the end of 2011
Business -
Pound holds up better than expected as banks reopen
2/7/2011 8:41:43 AM
No liquidity crunch has been seen in banks in the first open day but fears of increasing dollarization should political tensions persist
Business - Economy
Customers queue at Egypt banks after protests
2/6/2011 12:12:36 PM
First day of opening in a week amid Fears of panicked withdrawals
Business - Economy
Egypt's banks to reopen for business on Sunday at 10 a.m.
2/5/2011 5:11:54 PM
Business - Economy
Egypt banks to allow transfers, limit cash withdrawals
2/4/2011 8:13:00 AM
In a step that might allow money flee, Egypt's central bank announced allowing unlimited transfers abroad starting Sunday
Business - Markets & Companies
Mobinil secures LE2 billion syndicated loan
1/24/2011 8:08:03 PM
Business - Economy
Bank of America posts $1.2bn quarterly loss
1/21/2011 5:02:59 PM
The biggest US bank reported a net loss of $1.2 billion for the fourth quarter
Multimedia -
MULTIMEDIA: Sunrise flight over Valley of the Kings
1/20/2011 2:05:30 PM
Sunrise hot air balloon ride over the Valley of the Kings along the banks of the Nile in Luxor.
Business - Markets & Companies
Barclays Kenya to cut 200 jobs
1/19/2011 1:21:31 PM
The bank says it wants to remain competitive with its peers
Egypt - Politics
Egypt's UN ambassador complains about US bank accounts
1/14/2011 3:04:57 PM
Business - Economy
Lazard tops bankruptcy deals, global volume down
1/12/2011 10:18:35 AM
Total value of deals in 2010 was down 6.2 per cent, at $350 billion. Lazard stayed on top despite having missed last year's biggest transaction
Business - Markets & Companies
Qatar to offer further support to local lenders
1/11/2011 5:32:23 PM
Qatar's official news agency says the country's sovereign wealth fund plans to raise its stakes in domestic banks
Business - Economy
"Make your dreams come true", with public sector loans
1/6/2011 8:05:01 PM
Public banks are teaming up with the Egyptian Ministry of Finance to pump billions into the economy in the way of loans to public sector employees
Business - Region
Kenya Commercial Bank eyes south Sudan expansion
1/2/2011 6:14:37 PM
Kenya Commercial Bank, the first international bank to be licensed to operate in southern Sudan in 2006 eyes to double its branches in the next five years
Business - Economy
Egypt Banks deposits climbing: report
12/30/2010 4:32:32 PM
Despite increase in banking deposits, Egypt has witnessed a decrease in production of crude oil
Business - Markets & Companies
BNP-Paribas puts $56 milllion into Sahara Bank
12/30/2010 1:58:10 PM
French bank contributes to a 146 percent capital increase of its Libyan affiliate
Business - Markets & Companies
UAE banks to increase provision on bad Saudi loans
12/28/2010 1:29:31 PM
Central Bank's directive comes as creditors to Al Saad Group and Al Gosaibi negotiate better terms on their debt
Business - Economy
New stimulus package to boost the economy by 0.5 to 0.75 per cent
12/27/2010 3:52:25 PM
The latest stimulus plan will encourage banks to lend to the 6 million public sector workers
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