CBE’s interest rate hike to slowdown industrial investments

This is because it hikes the cost of lending by proxy, and an increase in the cost of borrowing would push manufacturers to increase the prices of final products both…

Daily News Egypt

How will the capital market respond to the CBE’s decision to raise interest rates?

The global interest rate hike caused a shock in the financial markets

Fatma Salah

Egypt follows closely monkeypox spreading in world: Health Ministry

Ministry stresses no suspected cases of monkeypox recorded in Egypt so far

Sarah El-Sheikh

Maait meets with representatives of Morgan Stanley, Bank of America, Bank of New York in London

Diverse stimulus package for economic recovery from current global crisis, in implementation of presidential directives: Maait

Shaimaa Raafat

Banks in Egypt discuss fate of interests on savings vessels, loans after 2% basic rate hike

Yield on some savings certificates, loan products rises automatically after CBE’s decision

Hossam Mounir

Higher Education Minister discusses cooperation with Egyptian Medical Society in UK

Meeting comes on sidelines of Minister’s tour in Europe including Portugal, Czech Republic, and UK

Daily News Egypt

IDC announces GBM as host partner for 8th IT CEO Summit

IDC research shows that 49% of CEOs in Egypt have accelerated their digital agenda for at least one year - 14% of them for about two years - after the…

Daily News Egypt

Egypt, EU discuss cooperation in renewable energy sector

The meeting discussed the momentum of relations between Egypt and the EU in various political, economic, and trade fields, and the importance of building on that momentum to support cooperation…

Sami Hegazi

Visa believes fintechs have a crucial role to play: Malak El-Baba

Visa Everywhere' initiative 2022 witnessed a huge traction in Egypt, receiving 270 applications, says Visa Egypt’s Country Manager

Daily News Egypt

Al-Sisi inaugurates ‘Egypt’s Future’ project for agricultural production 

Total area allocated for Egypt’s Future project is 1.5 million feddan, representing 50% of "New Delta" project

Daily News Egypt