Middle East: What You Need to Know for May 11

The video covers key financial stories from the Middle East, including Egypt's Commercial International Bank's strong first-quarter performance with a 34% profit increase and a rise in non-interest income. It also discusses Egypt's inflation trends, noting a slowdown in monthly inflation, which provides the government with more flexibility for reforms. Additionally, the video highlights Qatar's royal family's interest in increasing their stake in Deutsche Bank, signaling a potential move for greater control. Lastly, it mentions the Chinese conglomerate HNA Group becoming the largest shareholder in Deutsche Bank.

What was the percentage increase in the first quarter profit of Egypt's Commercial International Bank?

• 20%

• 34%

• 50%

• 10%

What factor contributed to the remarkable growth in non-interest income for Egypt's Commercial International Bank?

• Real estate investments

• Trade finance activity

• Stock market investments

• Cryptocurrency trading

How much did consumer prices rise in Egypt in April compared to the previous month?

• 1.7%

• 0.5%

• 3.0%

• 2.5%

What was the annual urban inflation rate in Egypt in April?

• 29.5%

• 30%

• 32%

• 31.5%

What is the potential stake that Qatar's royal family is interested in acquiring in Deutsche Bank?

• 5%

• 20%

• 10%

• 15%