deposits

China crushes mass protest by bank depositors demanding their life savings back
World

China crushes mass protest by bank depositors demanding their life savings back

Hong Kong (CNN)Chinese authorities on Sunday violently dispersed a peaceful protest by hundreds of depositors, who sought in vain to…
Turkish lira dips, business group chief questions policy
Middle East

Turkish lira dips, business group chief questions policy

ISTANBUL, Jan 6 (Reuters) – Turkey’s lira slipped as much as 1.7% on Thursday, and has shed some 22% in…
Egypt’s banking sector tops Arab region in increasing deposits
Business

Egypt’s banking sector tops Arab region in increasing deposits

The Egyptian banking sector ranked first among all Arab banking sectors in increasing the volume of deposits until the end…
Egypt shuns Qatari offer to renew dollar deposits
Business

Egypt shuns Qatari offer to renew dollar deposits

Egypt has turned down a Qatari offer through intermediaries to extend the grace period for paying back bonds worth US$1…
Egypt seeks finance packages at US$6 bn
Business

Egypt seeks finance packages at US$6 bn

Egypt’s government said negotiations have intensified over the past few days to obtain US$6 million in financing packages to offset…
PM: US$6 bn in aid from Gulf States to be deposited within days
Egypt

PM: US$6 bn in aid from Gulf States to be deposited within days

Egyptian Prime Minister Ibrahim Mehleb announced that the US$6 billion in aid from the Gulf Cooperation Council (GCC) will be…
CBE Governor: Egypt’s foreign reserves rose to $18.9 bn
Business

CBE Governor: Egypt’s foreign reserves rose to $18.9 bn

Gulf assistance packages to Egypt have helped increase its foreign currency reserves to US$18.9 billion, according to Central Bank Governor…
IMF mission stays for more loan negotiations
Business

IMF mission stays for more loan negotiations

The Central Bank announced Wednesday that an International Monetary Fund delegation is staying in Cairo for several more days to…
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