MSMEDA, Banque Misr sign EGP 500m worth microfinance contract
Published 05 Oct,2020 The Micro, Small and Medium Enterprises Development Agency (MSMEDA) and Banque Misr have signed a microfinance contract of EGP 500m to support micro-projects across Egypt. The contract […]
QIIB awarded prestigious Certificate on Information Security for 5th year in a row
For the fifth consecutive year, QIIB has been awarded the highest certificate in the protection of banking cards data also called the Payment Card Industry Data Security Standard v 3.2.1 […]
Mohammad Y Al-Hashel: Lives and livelihoods, a delicate balance
Speech by His Excellency Dr. Mohammad Y Al-Hashel, Governor of the Central Bank of Kuwait and Chairman of the Higher Steering Committee for Economic Stimulus, Kuwait, 4 June 2020. Taken aback […]
Suez Canal Bank to launch EGP 250 mn money market fund this month
Suez Canal bank to launch EGP 250 mn money market fund this month: The Suez Canal Bank will this month launch its first money market fund, Suez Daily, with EGP 250 […]
Christine Lagarde
Remarks at the Annual Meeting of the Council of Governors of the Arab Central Banks and Monetary Authorities Contribution by Christine Lagarde, President of the ECB, during the session “Economic, […]
74 Arab Banks among top 1000 Largest Banks in the World (Tier 1 Capital)
74 Arab banks have secured a rank among the largest 1,000 banks worldwide based on Tier 1 Capital according to data published by “The Banker” magazine in July, 2020. Main […]
Announcing a Regional Office for the Union of Arab Banks in the Kingdom of Saudi Arabia
The Secretary General of the Union of Arab Banks, Wissam Fattouh, announced the establishment of a regional office for the Union in the Kingdom of Saudi Arabia at the King […]
Norway: An Economic Model for Oil and Gas Producing Countries
Overview Norway is a success story that is repeatedly pictured as a role model for a socialist-capitalist mixed economy done right. According to the International Monetary Fund (IMF) 2018 rankings, […]
The Stock Market: Heading towards a Boom or a Doom?
32.9%, that was the contraction of the United States’ economy during the second quarter of 2020 due to Covi-19. This announcement, combined with a rising unemployment to 11.1 percent and […]
National Commercial Bank- Libya: Adapt, React… A Bank Apt for Success
MR. Al-Sedig Khanfar – General Manager – The NAtional commercial Bank Q: How has the COVID-19 crisis impacted the financial sector in general and the National Commercial Bank in specific? […]
What Stands between China and Global Trade Dominance: A Battle over the Sea and the Virtual World
China: Almost… King of World Trade Over the past two decades, China has been rapidly monopolizing every aspect of world trade; from trying to buy the world ports in nearly […]
Proposed Masraf Al Rayan-Al Khaliji merger seen supporting Qatar economy
Industry experts and banking captains view the proposed merger between Masraf Al Rayan and Al Khaliji as a sustainable journey to create fewer but stronger financial institutions with deep pockets […]
UPDATE 1-Lebanon’s Blom Bank considers selling Egypt subsidiary
By Ehab Farouk and Saeed Azhar CAIRO/DUBAI, Aug 11 (Reuters) – Lebanon’s Blom Bank said on Tuesday it was looking to sell its subsidiary Blom Bank Egypt, and that the […]