HSBC
HSBC report expects significant rise in interest rates in Egypt
Business
March 24, 2023
HSBC report expects significant rise in interest rates in Egypt
A report issued by HSBC expects the Central Bank of Egypt to raise the interest rate by 3 percent at…
US dollar has decreased on Wednesday in 10 banks in Egypt
Business
January 18, 2023
US dollar has decreased on Wednesday in 10 banks in Egypt
The US dollar prices decreased on Wednesday in ten banks in Egypt. While it rose by two piasters for purchase…
US dollar price approaching LE19 in Egypt
Egypt
July 7, 2022
US dollar price approaching LE19 in Egypt
The price of the US dollar rose on Thursday in Egypt, following successive rises in June and July, to approach…
HSBC planning to cut 10,000 more posts: Financial Times
World
October 7, 2019
HSBC planning to cut 10,000 more posts: Financial Times
HSBC is planning to lay off up to 10,000 staff, a report said Monday, just weeks after announcing the resignation…
Undeterred by Khashoggi murder, global executives return to Saudi Arabia
Middle East
April 24, 2019
Undeterred by Khashoggi murder, global executives return to Saudi Arabia
RIYADH (Reuters) – Global finance chiefs who boycotted a Saudi investment summit last year following the murder of journalist Jamal…
Egypt central bank signs $3.8 bln finance accord with international banks
Egypt
October 11, 2018
Egypt central bank signs $3.8 bln finance accord with international banks
DUBAI, Oct 11 (Reuters) – The Central Bank of Egypt said on Thursday it agreed to enter into a…
Egypt names HSBC lead bank for listing of Alexandria Mineral Oils Company
Business
September 14, 2018
Egypt names HSBC lead bank for listing of Alexandria Mineral Oils Company
CAIRO (Reuters) – Egypt has named HSBC as lead bank to manage a public offering for a 20 percent…
Egypt’s economic reforms begin to bear fruit: Bloomberg
Economy
April 6, 2018
Egypt’s economic reforms begin to bear fruit: Bloomberg
The economic reforms in Egypt are starting to bear fruit, with the domestic deficit shrinking by 67 percent in the…
Three hundred UK charities hit by crackdown on illegal funds
World
July 27, 2017
Three hundred UK charities hit by crackdown on illegal funds
More than 300 UK-based charities have had their bank accounts closed in the last two years after being caught up…
Spain probes ex-HSBC executives over money laundering
Business
May 5, 2017
Spain probes ex-HSBC executives over money laundering
A Spanish court is probing seven former executives of HSBC's private Swiss bank on suspicion of money laundering following an…