Mobile operators in Egypt fined EGP 21m for low quality of service
The National Center for Quality Control of Communications Services at the NTRA issued its report for 2Q 2022. The report said that the fines came within the framework of a…
NUCA awaits green light to issue largest securitisation bond programme in Egypt, worth EGP 20bn
Mohamed Omran, Chairperson of the FRA, said that since 2018, with the launch of the first phase of its comprehensive strategy for non-banking financial activities (2018-2022), the authority has sought…
CIBC tightens its grip on brokerage ranking leadership during July
Prime Securities aims to obtain bond trading licence: Elmaraghy
Al-Mashat, COP27 official discuss cooperation ahead of climate summit
During the meeting, the Minister of International Cooperation reviewed the Egyptian efforts exerted to push the transition to a green economy and prepare for COP27, where the National Climate Change…
EGP 516.9bn increase in non-governmental bank deposits in local currency within 6 months: CBE
Non-governmental bank deposits in local currency reach EGP 4.986trn in June 2022
30% increase in electricity bills due to higher consumption
Informed sources told Daily News Egypt that the consumption bills for July increased by 17-30% due to the increase in citizens' consumption. The governorates of Giza, Cairo, and Alexandria had…
Pelosi’s visit to Taiwan outrages China, threatens severe harm to Washington-Beijing
Taiwanese Defence Ministry says its forces ready to confront any threats
Al-Sisi follows up on strategy to develop textile, ready-made clothing industry in Egypt
In this context, Tawfik reviewed his ministry’s efforts to establish the largest spinning factory in the world in the city of Mahalla.
USD continues to rise, records EGP 18.9892 for purchase, EGP 19.0683 for sale
The official price of the USD at the CBE also rose to EGP 18.9799 for purchase and EGP 19.0884 for sale, compared to Monday’s EGP 18.8959 and EGP 19.0084.
Egypt, US discuss cooperation in confronting climate change
The call addressed the ongoing cooperation and coordination between Egypt and the US in the field of climate change as well as following up on the results of their last…