01/09/2023
The government and LIC together are looking to sell 60.72 per cent in IDBI Bank and had invited bids from potential buyers in October. The last date for submitting Expression of Interest (EoI) or preliminary bids was set at December 16, which was later ex
01/06/2023
Employment conditions for migrants were robust for the first months of 2022, boosted by labour shortages in the hospitality and health sectors of high-income countries, while windfalls tied to higher oil prices benefitted the GCC, which boosted demand for
01/06/2023
The core inflation rate in Egypt reached 21.5% on an annual basis in November 2022, compared to 19% in October 2022.
01/06/2023
Weekly and grand prizes increased 4 times
01/03/2023
Strategically located, the new branch constitutes the Bank's latest step towards redefining the banking experience
01/03/2023
The Governor added that AFAQ is optimized to process remittances in local GCC and other currencies in a short time and at reduced costs to customers in a safe and stable environment, and is part of a regional infrastructure operated and developed by Gulf
01/03/2023
The Wio Business app has been integrated with the FABePay portal to enable users to initiate cash or cheque deposits in a simple and convenient manner directly in the app, providing a unique reference number to be used on every deposit transaction.
01/03/2023
UAB stated that the size of the banking sector in Egypt tripled during the past five years, between August 2017 and August 2022
12/28/2022
That average surged to $3.1 million daily in November and $10 million in December
12/28/2022
Recently, the institution also imposed financial sanctions on exchange houses for violating the laws and regulations of the country
12/27/2022
Despite the repeated warnings of the Ministry of Interior over the past month about remote access applications, victims are still falling every day until the total number of complaints received by the Public Prosecution exceeded 300 complaints pertaining
12/27/2022
Mr. Al-Zanki joined Burgan Bank in 2010 and held the position of Senior Corporate Relationship Manager until 2015
12/27/2022
We monitored the use of some credit, debit cards in operations abroad, despite their holders being inside the country: CBE
12/27/2022
For the fourth year in a row
12/23/2022
The Central Bank of Egypt (CBE) has set new measures meant to ban the fraudulent and abusive use of credit and debit cards outside the country.
12/23/2022
Bank says it is a step towards Dubai’s shift to cashless economy
12/22/2022
Four more lucky winners will get the chance to win their salary or personal loan repayment paid for 12 months, in two more draws to be held on February and April 2023.
12/21/2022
Around 130 deals are secured through the platform with total value of closed deals till date is over USD 128 million
12/20/2022
Analysts at Fitch expect impairment charges to “fall further on the supportive macroeconomic backdrop and recovering real estate prices, and capital buffers will remain adequate.”
12/20/2022
This multi-functional device caters to the demand for express banking services