بنكي | BANKY

Emirates NBD Egypt Releases its Second Annual Sustainability Report, Reaffirming its Commitment to Supporting Egypt's Sustainable Development Agenda

Gold Continues to Decline Globally Despite Fed Warnings on Inflation and Rising Unemployment

Gold prices continued to fall globally on Thursday, May 8, despite warnings the U.S. Federal Reserve about the growing risks of rising inflation.

For the third time in a row, the U.S. Federal Reserve keeps interest rates unchanged

For the third consecutive time, the U.S. Federal Reserve decided on Wednesday, May 7, to keep interest rates unchanged at a range between 4.25% and 4.5%, in line with expectations.

Emirates NBD Egypt Achieves Net Profits Worth EGP 1.4 BN During Q1-2025

Emirates NBD Egypt one of the largest banks operating in the banking sector - announced that it achieved net profits of EGP 1.4 bn during Q1-2025, compared to EGP 1.1 bn during the same period in 2024, with an increase of 31%, which reflects the strength and sustainability of the banks performance in the banking market, and embodies its commitment to providing innovative banking services that meet customer needs and enhance its leadership position.

Monetary and Fiscal Measures in China to Boost Economic Growth and Address External Challenges

QNB becomes the first bank in Middle East & Africa to open a branch in India’s GIFT City

QNB, the largest financial institution in the Middle East and Africa MEA, has become the first bank the MEA region to open a branch in GIFT City in Gujarat, Indias first international financial centre & special economic zone.

Expected Interest Rate Cut in the UK to 4.25% Amid Continued Inflation Decline

Economic projections indicate that the Bank of England is likely to reduce its benchmark interest rate to 4.25% at its upcoming meeting. This anticipated move aims to ease borrowing costs and support domestic economic activity amid increasing external pressures, particularly those stemming recent U.S. trade tariffs.

Gold Hits Two-Week High Amid Trade Tensions and Safe-Haven Demand

Gold prices surged to their highest level in two weeks on Tuesday, driven by renewed demand for safe-haven assets amid growing uncertainty surrounding U.S. trade policy and ahead of a key interest rate decision by the Federal Reserve.

Islam Zekry: CIB Ready to Inject Additional Capital Investments to Enhance Stability and Competitiveness in the Kenyan Market

CIB Kenya, a subsidiary of Commercial International Bank Egypt CIB, has expressed its confidence in fully complying with the new core capital requirements mandated by the Central Bank of Kenya.

QNB wins “Best Multi-Channel Offering” award for its digital banking in the Middle East and North Africa

QNB Group, has won the prestigious award of Best Multi-Channel Offering at the MEEDs MENA Banking Excellence Awards 2025, in recognition of its outstanding achievements to a seamless, omni-channel digital banking customer experience in the Middle East and North Africa region, and beyond.

The Federal Reserve Likely to Resist Trump's Pressure to Cut Interest Rates

As U.S. President Donald Trump returns to office, the Federal Reserve faces mounting political pressure to reduce interest rates. However, all indicators suggest that the central bank will maintain its cautious approach, preserving its independence despite the increasingly tense political climate.

Euro vs. Dollar: Can it Expand Globally?

Amid the challenges faced by the US dollar, there are signs that the euro may benefit the ongoing economic shifts in the global financial system. These changes come at a critical time as US economic policies, under President Donald Trump, experience significant volatility, raising questions about whether the euro can strengthen its position as a global reserve currency.