Latest in Tag: citigroup Highlight

Latest in Tag: citigroup

Sami Farag

Power sector can fundamentally change Egypt: Africa economist at Citigroup

 Dubai- Egypt is on the right track, according to David Cowan, Africa economist at Citigroup. “After around five years of an economic slowdown in Egypt, the economic indicators started to rise up”, he told Daily News Egypt in an interview on the side-lines of the summit. He explained that not only Egypt is on the real …

Nevine Kamel

Citi names Mohamed Abdel Kader as group’s country officer for Egypt

Citigroup, investment banking company, announced on Monday the appointment of Mohamed Abdel Kader as the Citi country officer (CCO) for Egypt. The group said that Abdel Kader’s appointment is a reflection of the group’s commitment to support and appoint local talent to senior roles. Abdel Kader will report to Nadir Shaikh, who will continue in …

Daily News Egypt

$19bn total investments in digital tech in 2015

The fourth EMEA (Europe Middle East Africa) summit began on Monday in London. This summit, held for two days, focused on the innovation and fintech (financial of technology) this year, which is the future of financial transactions in the upcoming years. Daily News Egypt was there and covered the two-days session of the conference. The …

Nevine Kamel

Moody’s downgrade gives edge to safe-haven banks

(Reuters) – Major ratings downgrades by Moody’s will further divide the world’s biggest banks based on their strength and access to cheap customer deposits. The ratings, released Thursday by Moody’s Investors Service, gave a competitive advantage to “safe-haven” banks that fund themselves with stable, low-cost customer deposits, while worsening the outlook for weaker banks that …

Daily News Egypt

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