Al-Sisi directs government to support micro, small and medium enterprises
President Abdel Fattah Al-Sisi directed the government to support the Micro, Small and Medium Enterprises Development Agency’s (MSMEDA) efforts to increase the amount of MSMEs in a way that meets…
Middle Eastern investors plan to inject $120bn in Egypt’s real estate market: Knight Frank MENA
Knight Frank MENA, a global real estate consultancy, has issued the Africa Horizons 2023/24 Report, a comprehensive analysis showcasing Africa's remarkable post-pandemic recovery. With a focus on Egypt, this report…
6th BRICS Media Forum calls for strengthening voices of global south
Johannesburg — The BRICS Media Forum has called for strengthening voices of the global south, off Saturday in its sixth edition which started on Saturday. Daily News Egypt attended the…
1.2 mln children suffer acute malnutrition in Ethiopia: UN
The United Nations said it is providing aid for vulnerable people across Ethiopia as 1.2 million children suffer from acute malnutrition. The UN, in a statement issued late Friday,…
Burkina Faso, Mali deploy warplanes in Niger
Burkina Faso and Mali deployed military aircraft in Niger on Friday in response to any potential military intervention by the Economic Community of West African States (ECOWAS). Niger's national…
Al Baraka Bank chips in Islamic syndicated loan to Kharafi National with EGP 300m
Bank's participation in financing deal comes within its strategy to support Egyptian economy: Hegazy
saib Bank reports 78% growth in profits to EGP 1.07bn in 1H 2023
saib Bank, led by Tarek El-Khouly, Chairperson and Managing Director of the bank, achieved profits before taxes and provisions of EGP 1.07bn, equivalent to $34.7m, during the first half (1H)…
FRA announces non-banking financial sector indicators in 1H 2023
Microfinance activity increases to EGP 42.2bn in Egypt
Misr Digital Innovation applies to obtain digital bank licence
Company expects to launch new service within few months
Suez Canal Bank increases its issued, paid-up capital to EGP 5bn: Refaie
Bank increases its capital by EGP 3bn over 5 years, with a growth rate of 150%