CBE reveals financial soundness indicators for banks in Egypt in 1Q 2023

Loan-to-deposit ratio increases to 48.9%, private sector accounts for 55.3% of total loans: CBE

Hossam Mounir

Egypt’s Al-Sisi, India’s Modi elevate relations to strategic partnership

We trust in Indian presidency of G20 under PM Modi to counter international economic challenges: Al-Sisi

Sami Hegazi

Korean Cultural Centre in Egypt hosts 3rd edition of Ahlan Korea  

Ahlan Korea event was attended by young people who participate in the Korean Cultural Centre's taekwondo classes, as well as members of the general public

Daily News Egypt

EU, US express concern over escalating violence in Palestinian territories

The EU called on Israel to ensure the protection of civilians in the occupied Palestinian territories.

Sami Hegazi

Al-Ahly Pharos aims to complete six merger, acquisition deals worth EGP 30bn this year: CEO

Ahmed Haidar, CEO of Al-Ahly Pharos, said that the company is interested in managing the deals of the government's IPOs programme

Fatma Salah

Egypt moves up 6 spots in Sustainable Development Report 2023

Hala El-Said, Minister of Planning and Economic Development, said that the report reflects Egypt's "evolving performance" in achieving sustainable development goals in 2023. 

Daily News Egypt

Sustainable Debt Coalition is strong impetus for green investments in developing countries: Maait 

Maait indicated that this Initiative aims to share and discuss ways to reduce financing burdens in order to accelerate steps to combat climate change

Daily News Egypt

Egypt’s PM inspects ‘Magra El-Oyoun’ amid tour of urban development projects

The Egyptian Prime Minister followed the progress of Magra El-Oyoun area project which is being implemented by the New Urban Communities Authority

Daily News Egypt

Egypt-India trade increases 13.7% to $6bn in 2022

Egyptian imports from India amounted to $4.1bn in 2022, compared to $3.2bn in 2021, an increase of 26.4%

Daily News Egypt

SCZONE, Indian Tata Group discuss cooperation in automotive, petrochemical sectors

SCZONE Chairperson Waleid Gamal El-Dein met with representatives of Indian multinational Tata Group, headquartered in Mumbai, which provides its services in more than 150 countries.

Daily News Egypt