Financial Services News

Food trucks provide rare bright spot in hard-hit West Bank

Egypt Independent
RAMALLAH, West Bank (AP) — The coronavirus crisis has hit West Bank restaurants...

Arab African International Bank and SODIC Sign LE 2.57B Medium-Term Facility...

Egypt Today
Arab African International Bank and SODIC Sign EGP 2.57 Billion Medium-Term Facility Package...

CBE cuts interest rates by 0.5%

Zawya
CBE cuts interest rates by 0.5% The MPC has cut the rate of...

Bank Nizwa signs strategic financing deal worth OMR10.4mn

Times of Oman
Muscat: Oman’s leading and most trusted Islamic bank, Bank Nizwa, has signed a...

Abu Dhabi banks' investments in debt securities exceed AED 17bn in...

Mubasher
UAE - Mubasher: Abu Dhabi banks have invested around AED 17.2 billion in debt...

How to Succeed in Private Banking—or Maybe Get in a Lot...

Bloomberg
When Moisés Cosío Espinosa’s car sputtered to a halt on a Los Angeles...

UAE private bank deposits rise by $4.2mln in 3 months amid...

Zawya
A record 15.6 billion UAE dirhams ($4.2 million) increase in cash landed the...

Egypt’s new banking law comes into force after Al-Sisi’s ratification

Zawya
El-Dakkak explained that under Article 4, banks are obliged to reconcile their positions...

Scrapping 15% saving certificates to positively affect banks in Egypt, raise...

Zawya
Scrapping 15% saving certificates to positively affect banks in Egypt, raise profits  ZAWYA Read More

UAE national banks’ total assets reached Dhs2.8 trillion in July

Gulf Today
UAE national banks’ total assets reached Dhs2.8 trillion in July an hour ago The total...

Scrapping 15% saving certificates to positively affect banks, raise profits

Daily News Egypt
Beltone Financial Holding said that the National Bank of Egypt (NBE) and Banque...

State banks see limited changes to Boards of Directors

Daily News Egypt
The Boards of Directors at Egypt’s government banks have witnessed limited changes following the end of their respective terms on 25 September. Read More

Why GCC banks and fintech startups must realign their interests for...

Gulf Business
The use of technology to facilitate financial offerings, commonly known as fintech (financial...

Freelancers bank on high demand in UAE

Zawya
The UAE's burgeoning freelancers market is poised to register a strong growth as...

The Daughter of a Slave Who Did the Unthinkable: Build a...

The Wall Street Journal
Back in Business is an occasional column that puts the present day in...

Egypt’s central bank cuts key interest rates by 0.5%

Ahram
The Central Bank of Egypt’s (CBE) Monetary Policy Committee (MPC) has decided to...

Egypt’s Central Bank cuts interest rates by 50 bps

Ahram
Egypt’s central bank said on Thursday it cut its key overnight interest rates...

Egypt’s central bank cuts interest rates by 0.5%

Egypt Today
  CAIRO – 24 September 2020: The Monetary Policy Committee of the Central Bank...

300,000 UAE bank customers benefit from COVID-19 relief efforts

Zawya
300,000 UAE bank customers benefit from COVID-19 relief efforts  ZAWYA Read More

Egypt’s central banks cuts interest rates by 50 bps

Ahram
Egypt’s central bank said on Thursday it cut its key overnight interest rates...

President Sisi ratifies Egypt’s CBE, banking sector law

Ahram
President Abdel-Fattah El-Sisi has ratified Law 194/2020 regulating the work of the Central...

Why SMEs should consider trade financing over legacy banks in this...

Gulf Business
We are living through exceptional times. Things are changing at a dramatic pace...

Will We Witness Any Radical Change in The Global Banking System?

Al Bawaba
Published September 23rd, 2020 - 01:00 GMT ...

Egypt: Banking Sector’s Profit Exceed EGP 50 Billion

Al Bawaba
Banks operating in Egypt achieved a net profit of EGP 50.04 billion at...

IFC exits Egypt’s AlexBank citing completion of objectives

Zawya
The International Finance Institution Corporation (IFC) announced, on Wednesday, that is has exited...

Khaleeji Commercial Bank's OGM nods to agreements with GFH

Mubasher
24 September 2020 02:16 PM ...

UAE banks' loans rise 6% in July 2020

Mubasher
UAE – Mubasher: The loans granted by the UAE banks rose by 6% to AED 1.8...

UAE Central Bank Forecasts Deeper Economic Contraction This Year

Business Live ME
UAE Central Bank Forecasts Deeper Economic Contraction This Year (Bloomberg) — The economy of the...

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