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CBE holds interest rates steady for the seventh consecutive meeting
The CBE saw that “the current policy rates are appropriate to maintain a sufficiently tight monetary stance”
CBE leaves interest rates unchanged
Good morning all you wonderful people, and welcome to the weekend. We have a short and snappy issue for you…
To cut, or not to cut
Good afternoon, wonderful people, and happy Thursday. Despite the slow newsday the EnterpriseAM presses continue to churn, with today’s issue…
HSBC to exit Bahraini retail banking business + unveils plan to cut costs
The move is pending the Central Bank of Bahrain’s approval and is expected to be completed in 4Q 2025
ADIB appoints Mohamed Hamdy as CEO of ADI Consumer Finance
ADIB taps Mohamed Hamdy as new CEO of ADI Consumer Finance: The Abu Dhabi Islamic Bank (ADIB) appointed Mohamed Hamdy…
How Egypt’s commercial banks are bracing for a potential rate cut
Banks are expected to take several measures to prevent a decline in their revenues after an extended period of high…
The central bank’s MPC will meet to review rates today
Good morning, friends. We have another packed issue for you this morning to close out the week. In today’s issue…
CIB’s net income surges 78% y-o-y in 4Q 2024
The bank’s revenues grew 57% y-o-y during the quarter
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