Latest in Banking Highlight

Latest in Banking


The Commercial International Bank (CIB) announced, on Tuesday, that it has been included on the 2021 Bloomberg Gender-Equality Index (GEI).

CIB included in 2021 Bloomberg Gender-Equality Index

The Commercial International Bank (CIB) announced, on Tuesday, that it has been included on the 2021 Bloomberg Gender-Equality Index (GEI). The Bloomberg GEI is the world’s comprehensive, investment-quality data source on gender equality at publicly-held companies. The 2021 Bloomberg Gender-Equality Index includes 380 global companies spanning 11 sectors, representing 44 countries and regions. Collectively, the …

Daily News Egypt

BLOM BANK announces execution of SPA for Egypt operations

A definitive agreement has been signed by BLOM Bank and the Arab Banking Corporation (Bank ABC) that will see the former sell its entire 99.4% stake in its Egypt operations to the latter. In an announcement by the two sides, the sale will take place subject to its obtaining the necessary approvals from the Central …

Hossam Mounir

HSBC eyes regional growth opportunities as GDP, trade rebound

HSBC has ambitious business plans in the Middle East, North Africa and Turkey (MENAT), where a rebound in GDP and international trade will position the region as one of the fastest growing in the world over the coming decade. As the nine markets in which the bank operates in the region bounce back from the …

Hossam Mounir