Egypt central bank keeps overnight interest rates steady
Egypt's central bank kept its overnight interest rates unchanged on Thursday, as expected, saying that while inflation was set to…
Uncategorized
47651 articles found
Egyptian Banks Report Net Profits of EGP 426.9 Billion in 2024
Egypt’s banking sector has reported robust financial results for the first nine months of 2024, with net profits reaching EGP…
MENA’s transformative role in climate adaptation
Climate change continues to be a firm fixture on the agendas of governments in the Middle East and North Africa…
Saudi Venture Capital invests in Jadwa GCC private equity fund 1
Saudi Venture Capital has announced its investment in Jadwa GCC Private Equity Fund 1, a private equity fund managed by…
Ras Al Khaimah real estate, a market like no other
In just four years, Ras Al Khaimah’s real estate market has shattered records. According to official figures of Ras Al…
Emirates Islamic wins ‘Best Islamic Bank for SMEs’ and ‘Best Bond Issue of the Year’ at MEA Finance Awards 2024
Emirates Islamic has announced that it has won ‘Best Islamic Bank for SMEs’ and ‘Best Bond Issue of the Year’…
Season's Greetings from Managers of Wealth
We wish you all a very Happy Holiday season and a peaceful prosperous New Year ahead. Thank you for all…
Egyptian banking alliance grants EGP 4.235bn to Al-Zahi Group for development projects
Three leading Egyptian banks—the National Bank of Egypt (NBE), Banque Misr, and QNB AlAhli—have extended joint financing worth EGP 4.235bn…
GCC debt capital market reaches $1tn in November: Fitch Ratings
GCC debt capital market reached $1tn in November, Fitch Ratings said and noted it expects the GCC to remain among…
Saudi banks report 24pc profit growth
According to the Saudi Central Bank, also known as SAMA, these figures represent profits before zakat and taxes. Cumulatively,…
Bank of Sharjah appoints new Chief Operating Officer
Bank of Sharjah has announced the appointment of Mr. Sridhar Karlapudi as its new Chief Operating Officer. Commenting on…
NBK introduces ‘AFAQ’ – GCC’s unified payment system on mobile banking
Al-Mutawaa: We strive to keep pace with customers’ evolving needs and growing expectations - The system facilitates fast processing…