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Tuesday, 12 May 2026
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Shorouk Express – Global News, Geopolitics & Economic Analysis

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  • Gaza: The United Arab Emirates Continues Major Humanitarian Efforts Amid Regional Chaos
  • Health Officials Race to Track Hantavirus Cruise Ship Outbreak but Predict ‘Limited’ Spread
  • Book Review: ‘From Life Itself,’ by Suzy Hansen
  • Men's boxing pound-for-pound rankings: New No. 1; …
Shorouk Express – Global News, Geopolitics & Economic Analysis

Shorouk Express – Global News, Geopolitics & Economic Analysis

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banks

  • Europe

Windfall tax on banks could raise £8bn a year, Rachel Reeves told

Isaac Hammouch9 months ago04 mins

Shorouk Express Sign up for the View from Westminster email for expert analysis straight to your inbox Get our free View from Westminster email Get our free View from Westminster email Rachel Reeves should tax bank profits to recover taxpayer money spent on compensating losses from the Bank of England’s cash-printing drive, a think tank…

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  • Europe

Turkmen banks drive e-commerce growth through digital infrastructure expansion

Isaac Hammouch9 months ago01 mins

Shorouk Express Economy Materials 10 August 2025 18:05 (UTC +04:00) As of August 1, 2025, a total of 929 merchants are connected to the e-commerce system nationwide. This expansion marks a key step in Turkmenistan’s efforts to develop online commerce and promote digital integration in the retail and service sectors. Access to…

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  • Europe

Banks’ motor finance redress could reach £18B, Britain’s City watchdog says

Isaac Hammouch9 months ago01 mins

Shorouk Express Although the Supreme Court mostly sided with banks in the historic ruling Friday, which looked at whether consumers had been missold car finance after banks paid motor brokers large commissions, judges upheld the appeal of one consumer due to the size of the commission the bank paid to the motor dealer and how…

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  • Europe

Relief for banks as Supreme Court throws out £44B motor finance case

Isaac Hammouch9 months ago02 mins

Shorouk Express Each party acted in its own interest and were not expected to show loyalty to the customer, the ruling said. But in one of the three cases, judges said the consumer should be compensated as he was treated unfairly as per the Consumer Credit Act. In that case, the consumer, Marcus Gervase Johnson,…

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  • Europe

Iranian banks back trade sector with increased loan access

Isaac Hammouch10 months ago01 mins

Shorouk Express Business Materials 25 July 2025 19:38 (UTC +04:00) Bank loans to Iran’s trade sector rose significantly in the first three months of the current Iranian year. According to the Central Bank of Iran, lending totaled 1.55 quadrillion rials ($2.67 billion), up from 1.08 quadrillion rials ($1.86 billion) in the same period…

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  • Europe

EU announces punishing sanctions targeting Russian energy and banks

Isaac Hammouch11 months ago02 mins

Shorouk Express “We will have a presentation and first exchange of views among EU ambassadors (Coreper) still tonight,” said Ignacy Niemczycki, Polish Secretary of State for European Affairs, one of the top officials coordinating Warsaw’s six-month rotating presidency. “I am optimistic we can succeed.” Von der Leyen also said that a ban on imports of…

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  • Technology

These Anker and UGREEN power banks dropped to their all-time low prices!

Isaac Hammouch1 year ago03 mins

These offers are both available from Amazon, and they are labeled as “limited time deals.” The Anker power bank is available in two colors at the same price: Green and Gray. The UGREEN power bank is only at this price if you get the Classic model. There is a Kinich limited edition version for $69.99 if…

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  • Europe

Azerbaijani Central Bank eases entry requirements for local banks in foreign exchange auctions

Isaac Hammouch1 year ago01 mins

Shorouk Express BAKU, Azerbaijan, January 10. The Central Bank of Azerbaijan (CBA) has eased entry requirements for local banks in foreign exchange auctions, Trend reports. This issue has been reflected in amendments to “Rules for the purchase and sale of foreign currency between the Central Bank and banks” approved by decree No. 49/2 of November…

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  • Technology

The best power banks you can buy in 2024: Expert tested and reviewed

Isaac Hammouch1 year ago014 mins

The clock strikes 4 p.m., and the monotony of your workplace is starting to hit. Your smartphone, that trusty sidekick you depend on to remain organized and productive, is gasping for all times at a dangerous 15% battery. Panic? That is not your type. You recall your secret weapon: An influence financial institution. With one swift…

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