AFDB approves $50m CIB risk participation agreement
Agreement aids in addressing critical market demand for trade finance in Africa,…
Egypt’s Pioneers Holding 2013 profit rises 37%
Reuters - Egyptian investment firm Pioneers Holding posted a 37% increase in…
Saudi Arabia’s Algosaibi calls may creditor meeting: bankers
Reuters - Saudi Arabian conglomerate Ahmad Hamad Algosaibi& Brothers has called a…
Moody’s says Egypt banking sector outlook still negative
Moody’s cited “banks’ high and increasing exposure to Caa1-rated Egyptian government debt”,…
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
Total non-CBE banking sector deposits reach EGP 1.26tn: CBE
The report added that total non-government deposits rose during November to reach…
Middle East investment banking fees up 20% in 2013
Reuters – Investment banking fees in the Middle East grew 20% last…
Soaring Compliance Costs Clip Wings of Mideast, African Banks
Rectifying these mistakes costs banks and their customers both time and money…
United Bank inaugurates first Islamic banking library in Egypt
The library covers banking history in Egypt from the early 20th until…
Egypt’s Business Directory names the top five local banks
CIB tops the list as the largest bank in Egypt followed by…