Latest Business News
Bahraini Islamic Bank Al Baraka Q4 net income climbs 23%
Al Baraka says it plans to add 81 branches to its network…
G20 vows to add $2tn to world economy to lift growth
US Treasury Secretary Jack Lew stressed at a press conference that the…
France’s insurance giant to take major stake in UAE’s Green Crescent Insurance
Reuters – French insurance giant AXA Group and its partner in the…
Coach blast knocks back Egypt’s tourism recovery
Tour operators had been nursing hopes of better days after a dire…
Islamic banking headway in North African banks still slow: Standard and Poor’s
S&P value total Islamic banking assets in Egypt at around $11.6bn
Banks should contribute to all economic sectors equally: Bankers
“What matters for banks is the ability to meet deadlines for loan…
Total non-CBE banking sector deposits reach EGP 1.26tn: CBE
The report added that total non-government deposits rose during November to reach…
The United Bank participates in CBE’s mortgage funding initiative
The United Bank has joined the Central Bank of Egypt in a…
National unemployment rate remains steady at 13.4%.
Rate has increased 57.3% since 4Q 2010
National Bank of Egypt signs $50m deal with European Bank for Reconstruction and Development
The agreement will help finance foreign trade operations