CBE hosts Yemeni delegation to share Egypt’s pioneering experience in payment systems
The Central Bank of Egypt (CBE) recently hosted a delegation from the Central Bank of Yemen (CBY), in line with Egypt’s commitment to fostering cooperation with Arab nations across various…
Banque du Caire leads $75m consortium to finance Cheiron Egypt Delta’s gas field development
A banking consortium led by Banque du Caire, alongside Arab International Bank, Al Baraka Bank Egypt, and saib Bank, has arranged a $75m syndicated medium-term financing for Cheiron Egypt Delta…
IFC, CIB partner to support decarbonization across key sectors in Egypt
The International Finance Corporation (IFC) has announced a partnership with the Commercial International Bank (CIB) to support reduced emissions and increase green energy financing in carbon-intensive sectors in Egypt. Through…
FABMISR’s net profit soars 153% to EGP 26.3bn in 2024
First Abu Dhabi Bank Misr (FABMISR), one of the largest banks operating in Egypt, has announced its financial results for the fiscal year ending December 2024. The results demonstrated strong…
Lebanon announces new government headed by Nawaf Salam
Lebanon's presidency announced Saturday that President Joseph Aoun has signed decrees tasking Nawaf Salam with forming a new government and accepting the resignation of outgoing Prime Minister Najib Mikati. The…
Egyptian, Portuguese Foreign Ministers discuss ties, Gaza crisis
Egyptian Foreign Minister Badr Abdelatty spoke by telephone with Portuguese Foreign Minister Paulo Rangel on Friday evening to discuss strengthening bilateral relations and address recent regional developments including the situation…
Egypt slams Israeli “reckless remarks” on Saudi sovereignty
Egypt has strongly condemned recent statements by Israeli officials regarding Saudi Arabia, calling them "irresponsible and unacceptable." The Egyptian Ministry of Foreign Affairs released a statement on Saturday denouncing the…
ICC receives backing from 78 nations following US sanctions over Israel investigation
Seventy-eight nations have issued a joint statement reaffirming their support for the International Criminal Court (ICC) after the Trump administration imposed sanctions against the court and its officials. The US…
‘Laboratorium’ Explores Unique Autonomous Housing Solution in Russia
A new episode of 'Laboratorium,' produced by TV BRICS and featured on Daily News Egypt, explores the concept of autonomous modular houses designed in Russia. These eco-friendly homes require no…
Egypt leads Arab diplomatic push on Gaza crisis, Palestinian statehood
Egypt Minister of Foreign Affairs and Emigration, Badr Abdelatty, has held intensive consultations with foreign ministers from across the Arab world to address the escalating crisis in Gaza and the…
