MIDBANK reports remarkable growth in 2023 after overhaul, digital shift
Total budget, net loans, customer deposits, and property rights soar by 89%, 196%, 90%, and 132%, respectively, over past three years: Montaser
CBE reports key financial soundness indicators for banks in Q3 2023
Non-performing loans in banks remain at 3.3% of their total loan portfolio in Q3 2023
Qardy joins forces with Cashcall to offer financial solutions for MSMEs
Qardy teamed up with Cashcall to drive financial prosperity for micro, small, and medium enterprises (MSMEs) in Egypt. The strategic partnership aims to provide cutting-edge solutions for the financial needs…
Gold prices rise by 1.6% in global stock market within one week: iSagha
Gold prices in the global stock market rose by 1.6%, or $33, during the trading week ending on Friday evening, supported by a drop in dollar value, after it reached…
CBE keeps interest rates unchanged, monitors inflation, economic developments
We will not hesitate to use all available tools to achieve inflation targets: CBE
Fighting in Sudan: RSF sets up checkpoints in Wad Madani after capturing city
Fighting between the Sudanese army and the Rapid Support Forces (RSF) continued on Wednesday in several areas of the capital Khartoum and other Sudanese cities. Loud explosions were heard in…
Shoukry, Lavrov discuss Egypt-Russia cooperation, common issues
Foreign Minister Sameh Shoukry met with his Russian counterpart Sergey Lavrov on the sidelines of the 6th session of the Arab-Russian Forum in Marrakech, Morocco. Ahmed Abu Zeid, the spokesperson…
FM Shoukry stresses importance of immediate, sustainable ceasefire in Gaza Strip
Foreign Minister Sameh Shoukry participated in the 6th session of the Arab-Russian Forum on Wednesday, hosted by the city of Marrakesh in Morocco. Ahmed Abu Zeid, the spokesperson for the…
Washington blames Iran for Houthi attacks on commercial ships
Washington has accused Iran of being behind the attacks by Houthi rebels from Yemen on commercial ships in the Red Sea, and has increased its pressure on Tehran, while weighing…
WTC partners with Ghandour Auto to enable online booking, import of cars
Ghandour Auto, a company that imports and trades luxury cars, has announced its partnership with WTC, a company that offers e-commerce solutions and digital marketing, to launch a service for…