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Economy
7/12/2011 1:51:07 PM
European Union governments will extend help to banks unable to withstand a new round of stress tests, say EU officials
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Economy
7/12/2011 11:31:24 AM
European bank shares slump on Greek disorder and worries of troubles spreading to Italy and Spain, as Italian banks Unicredit and Intesa Sanpaolo show heavy losses on Tuesday
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Economy
7/10/2011 1:36:31 PM
Reports of billions of dollars of capital flight from Syria are exaggerated, with little sign of Syrian money entering Lebanese banks, says industry figure
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Economy
7/4/2011 11:58:06 AM
US government agency agrees to guarantee borrowing from local banks in a bid to support the burgeoning private sector
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Economy
7/3/2011 6:38:09 PM
Questions are being raised over Egypt's ability to finance its budget deficit amid signs of investors' reduced appetite for once in-demand government debt
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Economy
6/30/2011 2:55:08 PM
Central bank may have considered the rates demanded by banks to be too high, say traders
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Economy
6/26/2011 12:44:42 PM
Short-term capital flight and budget pressures may give way to long-term benefits if new leaders reform business practices, improve trade and create jobs, say Arab delegates at Rome banking summit
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Economy
6/22/2011 11:11:21 AM
HSBC, Bank of Tokyo-Mitsubishi, City Bank, Deutsche Bank, and Sumitomo Mitsui Financial Group will finance the loan dedicated to buy equipment from French engineering group Alstom
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Economy
6/15/2011 5:57:52 PM
The Al-gosaibi family has taken the decision to no longer defend claims brought by five banks in the English commercial court
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Economy
6/6/2011 12:33:12 PM
Banks ask the luxury developer to grant propriety rights in El Gouna as part of revised LE850m loan deals
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Economy
6/3/2011 5:03:35 PM
The ratio of non-performing loans in the United Arab Emirates' banking sector stood at 6.67 per cent at the end of April and is likely to rise further, a UAE central bank official said on Thursday
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Economy
5/27/2011 2:52:30 PM
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Economy
5/26/2011 1:08:50 PM
Merger would have created one of Egypt's biggest commercial banks
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Economy
5/26/2011 11:34:48 AM
Bank reserve requirement cut from 5 per cent to 2 per cent to boost the economy
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Economy
5/22/2011 3:30:18 PM
Deposit would be based on arrangements agreed upon by the Saudi and Egyptian central banks, says Saudi ambassador
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Economy
5/22/2011 3:09:27 PM
Despite economic troubles and diminishing buying power, the number of purchases made by credit cards hasn't slowed - a good sign for both banks and consumers, say some
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Economy
5/12/2011 5:38:09 PM
Oil slipped to around $111 a barrel on Thursday, extending the previous day's $5 slide, after the International Energy Agency cut its global demand forecast and China raised banks' reserve requirements
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Economy
5/11/2011 2:41:53 PM
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Economy
5/9/2011 10:59:07 AM
Egyptian banks consider offering finance for projects in Taba and Nuweiba, raising hopes that construction halted for 15 years may finally be completed
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Economy
5/4/2011 4:46:31 PM
The central bank has halved banks' reserve requirements to five percent with possible cuts to zero percent
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