Latest Banking News
Eid Al-Fitr causes boom of internal tourism
The rates of internal tourism were “good” before and during the month…
NSGB workers threaten strike over ‘Qatar problem’
Employees have expressed disapproval over Qatar National Bank’s acquisition of 100% of…
Takaful summit promotes microtakaful in Egypt
Retakaful, a Sharia-compliant form of reinsurance, was also discussed
The 7th International Takaful Summit in Egypt
Egypt hosting the summit reflects confidence in the country’s economic future, said…
QNB offers a tender to take over entire NSGB stake
This deal acts as an important step in QNB’s strategy to expand…
Standard & Poor’s: Gulf banks replace European banks in MENA
European banks are shedding assets outside of the MENA region to rebuild…
Egypt’s Central Bank agrees to sell both BNP Paribas and NSGB
The Central Bank of Egypt (CBE) agreed to plans discussed last week…
CBE keeps interest rates unchanged
Monetary Policy Committee keeps interest rates the same for the ninth time…
A reform package for the Islamic banking and finance sector proposed for the new year
The goal of the package is to create an environment conducive for…