Nada Badawi

113 Articles

Egyptian banks register profits despite economic uncertainties

Faisal Islamic Bank of Egypt announced net profits worth EGP 370.816m in…

Sara Aggour Sara Aggour

Central Bank of Egypt sells $1.3bn in its first exceptional auction

CBE set to hold an exceptional dollar auction of $1.3bn on Wednesday…

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Egypt’s renewable energy draws interest, but little progress

The wind-farm project is estimated to cost around $580m according to Al-Arabiya…

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Zaazou reaches out to travel industry in a YouTube video

While placing emphasis on maintaining tourism partnerships abroad, Zaazou asked foreign travel…

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Around 5.5m tonnes of wheat to be imported in October

On 30 August, the GASC stated on its official website that its…

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Agzakhana closes venture capital with Vodafone Ventures Egypt

The company said “innovative healthcare applications and revenue streams” would be replicated…

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Second consecutive year of recession: World Bank

The World Bank has assessed Egypt’s economic growth in the second quarter…

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Domestic liquidity surges to EGP 1.268 trillion end of May

The report attributed the expansion in liquidity levels to a rise in…

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State employees’ wages increase by 10%

The cabinet will raise basic wages of state employees by 10% in…

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Foreign currency reserves surge to $18.9bn in July

The current foreign reserves, necessary to import staples, primarily wheat, registered $14.9bn…

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