CBE unveils key banking indicators up to August 2023

Customer deposits climb to EGP 9.719trn, with household sector holding 75.4%

Hossam Mounir

‘Loss & Damage Fund’ changes dynamics of climate action: Mohieldin 

Mohieldin advocates for enhanced climate finance at COP28

Daily News Egypt

EFG Hermes advises on DTC’s landmark $315m IPO on DFM

EFG Hermes, a leading investment bank in Frontier and Emerging Markets (FEM), has announced the successful completion of its advisory role in the $315m initial public offering (IPO) of Dubai…

Daily News Egypt

Egypt’s microfinance institutions boost economic growth with EGP 80.8bn in 3Q 2023

Mona Zulfiqar, Chairperson of the Board of Trustees at Al Tadamun Microfinance Foundation, highlighted the pivotal role of microfinance institutions in addressing the financial needs of entrepreneurs, thereby facilitating business…

Daily News Egypt

SCZONE, GPHA explore collaborative opportunities

Waleid Gamal Eldien, CEO of the Suez Canal Economic Zone (SCZONE), welcomed a delegation from the Ghana Ports and Harbours Authority (GPHA), led by Isaac Osei, Chairperson of the Board…

Daily News Egypt

Egypt directs EGP 100.7bn worth of investments to manufacturing sector in 2023/24 plan: Planning Ministry

Manufacturing is high-priority sector in national structural reforms programme: El-Said

Taha Sakr

Opinion| To cooperate or perish, the dilemma of humanity at war 

Seventy-five years after the Universal Declaration of Human Rights (UDHR), the international community is again challenged to cooperate or perish. This statement by the Chilean diplomat Hernán Santa Cruz, one…

Magdalena Sepúlveda

Egyptian government delays sale of Wataniya stations

The Egyptian government has deferred the sale of select stations belonging to the National Company for the Sale and Distribution of Petroleum Products (Wataniya), an entity under the National Service…

Fatma Salah

Al-Sisi, Putin emphasise urgency of ceasefire in Gaza

During a telephone conversation on Saturday, President Abdel Fattah Al-Sisi of Egypt and President Vladimir Putin of Russia discussed the pressing political and humanitarian crisis in the Gaza Strip and…

Sami Hegazi

67 million Egyptian voters are eligible to cast their ballots in 2024 presidential elections

Three candidates are challenging incumbent President Al-Sisi in presidential race.

Sami Hegazi