CBE’s assets increase to EGP 2.412trn in November 2021
According to the CBE’s financial position report for November, the bank’s balances increased to EGP 312.8bn in November, up from the EGP 289.574bn recorded in June.
Attijariwafa Bank Egypt takes part in 4 securitisation bond offerings worth EGP 700m in 4Q 2021
The bank participated as a coverage guarantor with a value of EGP 200m in favour of the Hermes Financial Group, which amounted to EGP 790m.
Ministers of Environment, Local Development discuss new municipal waste system
Environment Minister Yasmine Fouad highlighted the importance of involving the private sector in the new municipal solid waste system
Unstable weather in Egypt, school suspended in five governorates
The Ministry of Health and Population announced that 13 citizens died and were injured due to the unstable weather.
Government plans to borrow EGP 602.25bn in 3Q FY2021/22
Ministry of Finance aims to issue 52 T-bills bids worth EGP 405bn, 48 T-bond bids worth EGP 197.25bn from January to March 2022
Citizens should follow same precautions of COVID-19 against ‘Florona’: Health Ministry
This statement was released in response to what was published regarding the emergence of a new virus that combines corona and bird flu called Florona, after Israel announced its first…
Ethiopian army accused of killing 250 Tigrayans in Abala, Afar
In a press statement, the government of Tigray said that Ethiopian forces and their allies are looting, harassing, and killing civilians living in the area.
Al-Sisi directs establishing industrial complex to produce prosthetic limbs in Egypt
Egypt’s President Abdel Fattah Al-Sisi revealed plans to establish an industrial complex for prosthetic limbs. According to a statement by Presidential Spokesperson Bassam Rady, Al-Sisi called for the provision of…
New York rings in 2022 with scaled-back celebration in Times Square
New York City embraced the New Year 2022 with a scaled-back celebration in Times Square, despite record numbers of COVID-19 infections in the city and around the country, driven by…
2022 New Year address by President Xi Jinping
On New Year's eve, President Xi Jinping delivered his 2022 New Year Address through China Media Group and the Internet. The following is the full text of the address: My…