Egypt, Italy discuss bilateral ties, regional challenges

Foreign Minister Sameh Shoukry and his Italian counterpart Antonio Tajani held a phone conversation on Sunday to exchange views on various bilateral and regional issues, in light of the strong…

Sami Hegazi

President Al-Sisi urges industrial development, private sector support

President Abdel Fattah Al-Sisi has called for more efforts to boost Egyptian industry as a vital driver of economic growth, stressing the importance of industrial progress for the advancement of…

Sami Hegazi

New EGX chairperson faces unresolved challenges 

We need more cooperation with investment banks in stock market’s promotional tours: Fathallah

Fatma Salah

Egypt, Ethiopia, and Sudan resume talks on disputed Nile dam

Former Egyptian official is not optimistic ‘There are no indications that this round might succeed’

Mohammed El-Said

Egypt’s gov’t should not borrow money to buy wheat, says NASA scientist Farouk El-Baz

Development corridor toIlink ten major cities of Egypt, starting from Lake Nasser, then Aswan, then Sohag, and so on, going westward into the flat desert of Western Egypt

Taha Sakr

Egyptian banking sector is resilient in face of global crises, achieves record results: Government report

High interest rates and dependence on government debt instruments provide relatively stable source of profitability for banks

Daily News Egypt

Banque Misr achieves EGP 40.8bn in profit before tax in December 2022

Banque Misr reported a net profit of EGP 25bn for 2022, after paying EGP 15.9bn in taxes. The bank's profit before tax was EGP 40.8bn, up from EGP 28.6bn in…

Daily News Egypt

FRA plans to ease sukuk issuance rules for SMEs

The Financial Regulatory Authority (FRA) is considering new amendments to the Capital Market Law that would make it easier for small and medium-sized enterprises (SMEs) to issue sukuk, or Islamic…

Fatma Salah

Meet Ahmed El Sheikh, the new chairperson of EGX

Prime Minister Mostafa Madbouly has appointed Ahmed Abdel Rahman El Sheikh Ali as the new chairperson of the Board of Directors of the Egyptian Exchange (EGX) for a one-year term,…

Fatma Salah