Day: December 17, 2022

EGP 1.6bn directed to tourism promotion, aviation stimulus in FY 2021/22: Tourism Minister

Plan aims to attract 30 million tourists to Egypt in coming years:…

Nehal Samir

NI Capital aims to increase managed assets to EGP 12bn

Subscription in stock fund closed with target size of EGP 25m before…

Fatma Salah

CBE throws light on Egypt’s high inflation in November 2022

November’s high inflation was mainly caused by 27 October currency devaluation, continued…

Hossam Mounir

Army’s Chief of Staff inspects reclamation projects in Toshka

Askar listened to a detailed explanation that included the latest status of…

Sami Hegazi

IMF loan gives Egypt new boost: Cabinet

In a Saturday statement, the cabinet added that the loan reflects confidence…

Daily News Egypt

Egypt provides EGP 42.5bn in export subsidy to 2,500 companies since October 2019: Finance Ministry

The export subsidies help companies continue production and fulfil their obligations, which…

Daily News Egypt

IMF loan to secure hard currency needed for importing production requirements: Manufacturers

Egypt’s IMF-supported programme presents a comprehensive policy package to preserve macroeconomic stability,…

Shaimaa Al-Aees

Al-Sisi expresses pride in strong Egypt-Jordan relations

President Al-Sisi expressed his pride in the strong relations between Egypt and…

Sami Hegazi

CBE reveals top indicators of financial safety for banks by end of 3Q 2022

EGP 93.4bn in net profits, top 10 accounted for 78.29%

Hossam Mounir

Ahli United Bank – Egypt Wins “Bank of the Year- Egypt” award from The Banker (UK)

The award is a testament to the bank’s efforts to harness the…

Daily News Egypt