How does CBE account for decline in core inflation for fifth consecutive month?

Annual core inflation records 35.9% in November, down from 38.1% in October 2023

Hossam Mounir

Sudanese army, RSF continue fighting on several fronts

The Sudanese Army and the Rapid Support Forces (RSF) continued to fight on Saturday morning in various parts of Khartoum and near Wad Madani in Gezira state in central Sudan.…

Sami Hegazi

Kuwait mourns Emir Nawaf Al-Sabah, names new leader

Kuwait’s Emir, Nawaf Al-Ahmad Al-Jaber Al-Sabah, died on Saturday after being ill. Egypt mourned for three days. The cabinet said in a statement that it “wants Sheikh Meshaal Al-Ahmad Al-Jaber…

Daily News Egypt

B.TECH to complete EGP 1bn securitization this week

B.TECH, a company that trades and distributes household appliances, electronics, and consumer finance services, plans to finalize a short-term commercial paper issuance worth EGP 1bn by the end of this…

Fatma Salah

Death toll in Gaza reaches 18,787 amid ongoing Israeli war crimes

Israeli aggression on Gaza claims more lives as resistance fights back

Daily News Egypt

Kuwaiti official television announces the death of Prince Nawaf Al-Sabah

Kuwaiti state television announced on Saturday the death of the country's Emir, Nawaf Al-Ahmad Al-Jaber Al-Sabah, after a struggle with illness. Sheikh Nawaf Al-Ahmad was born in downtown Kuwait City,…

Daily News Egypt

Talaat Moustafa Group and Faisal Al-Rasheed Group Partner to Open Two “Al-Nasser” Branches in Madinaty and Al-Rehab

Talaat Moustafa Group (TMG), a leading real estate developer in Egypt and the Middle East, has announced a partnership with Faisal Al-Rasheed Group, a prominent retail company. This collaboration will…

Daily News Egypt

Concerts on Hold: Music Industry Responds to Gaza Crisis

Prominent singers cancel performances in support of Gaza

Kadry Al-Haggar

EFG Holding aims to raise $300m in Vortex 4’s second funding round

EFG Holding Group’s Vortex Energy has opened subscriptions for the second funding round of its Vortex 4 fund, aiming to raise $300m. The round is anticipated to close before year-end,…

Fatma Salah

CBE supports exceptional student talent at Zewail City 

Our collaboration with Zewail City stands as paragon of progress, enduring corporate social responsibility: Ghada Tawfik

Daily News Egypt