Zenith Bank is in advanced talks to acquire a tier-two bank in Kenya. The Central Bank of Kenya has raised capital requirements, triggering market consolidation. Zenith raised $228 million in early ...

The central bank lowered rates by 100 basis points on May 22 and by 225 basis points on April 17, its first adjustments since ...

The Central Bank of Egypt is likely to leave its main overnight interest rates unchanged on Thursday, pausing a trend of rate ...

Contact Creditech, the digital consumer finance arm of Contact Financial Holding, has entered into a strategic partnership ...

Even the prospect of civil war cannot be ruled out,' an expert tracking growing violence in the West Bank told Newsweek.

Egypt and Saudi Arabia share many foreign policy and regional security objectives and have a long and complicated ...

The head of the European Central Bank said inflation has become more unpredictable due to shocks like the COVID-19 pandemic ...

With U.K. inflation at 3.4% above the bank’s target rate of 2%, policymakers are likely to be mindful of the impact on oil prices, which have risen sharply in recent days to over $75 a barrel.

Abu Dhabi Islamic Bank-Egypt (ADIB-Egypt) was created in 2007 when ADIB and the Emirates International Investment Company acquired the National Bank for Development. It provides Shariah-compliant ...

Established in 1978, Suez Canal Bank provides retail, corporate, and investment banking services through 53 branches across Egypt as of March 2025. In January 2025, the bank partnered in a consortium ...

The African Development Bank, European Bank for Development and Reconstruction (EBRD), and the British International Investment (BII), the UK’s development finance institution and impact investor, are ...

In April, the World Bank warned of rising poverty levels. Official statistics from 2020 put Egypt’s poverty rate at 29.7%, but more recent estimates suggest it may have surpassed 35% by mid-2023.