banking

Making financial literacy fun, in a largely unbanked Egypt
Business

Making financial literacy fun, in a largely unbanked Egypt

The comic book begins much as would be expected: Marvel comics’ the Avengers and Spiderman assemble to battle a villain…
Barclays customers scammed by fake messages with bank logo
Egypt

Barclays customers scammed by fake messages with bank logo

Barclays bank customers in Egypt have received messages appearing to be from their bank in an apparent scam to obtain…
Removal of Tantawi and Anan looks positive but Egypt still at risk, says Fitch
Business

Removal of Tantawi and Anan looks positive but Egypt still at risk, says Fitch

  Fitch Ratings has said that President Mohamed Morsy's removal of the two senior leaders of the Supreme Council of…
Greece’s Piraeus Bank halts sale of Egyptian unit
Business

Greece’s Piraeus Bank halts sale of Egyptian unit

Greece's fourth-largest lender, Piraeus Bank, has halted the sale of its Egyptian subsidiary valued at over US$200 million, the bank…
Central Bank denies holding $9 billion in secret Mubarak accounts
Business

Central Bank denies holding $9 billion in secret Mubarak accounts

Egypt's Central bank denied on Thursday that ousted Egyptian President Hosni Mubarak has US$9 billion deposited there. Former deputy head…
Sources: CBE’s governor to be reinstated for one more year
Business

Sources: CBE’s governor to be reinstated for one more year

Egypt's ruling military council and the prime minister's cabinet are considering reinstating the Central Bank of Egypt governor and board…
First international Coptic bank to be established in Sweden
Business

First international Coptic bank to be established in Sweden

A group of Coptic businessmen resident in Stockholm, Sweden have established an investment company with the aim of launching the…
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