Skip to content Skip to Search
Skip navigation

Banking and Finance

Banking news and finance news from the Middle East. All the important stories, exclusive interviews, plus authoritative opinion and analysis

Saudi Arabia deposits $5bn in Egypt’s central bank

Saudi Arabia has deposited $5 billion in Egypt’s central bank, the Saudi state news agency reported on Wednesday, and the kingdom is expected to invest further as the Ukraine war adds to the pressure on the Egyptian economy. Last week Egypt said it was in talks with the International Monetary Fund for potential funds and […]