NBE achieves EGP 43.5bn profit before tax in Q1 2024

The National Bank of Egypt (NBE) reported a significant increase in profits before tax, reaching EGP 43.550bn in the first quarter (Q1) of 2024, compared to EGP 17.531bn in the…

Daily News Egypt

CBE assets rise to EGP 6.213tn in October

The Central Bank of Egypt (CBE) has reported an increase in its total assets, which reached EGP 6.213tn in October 2024, up from EGP 6.090tn in September 2024. According to…

Daily News Egypt

Foreign assets in Egyptian banking sector reach $9.2bn in October 2024: CBE

The Central Bank of Egypt (CBE) has announced that the Egyptian banking system's net foreign assets achieved a surplus of $9.2bn in October 2024, equivalent to EGP 450.861bn, compared to…

Hossam Mounir

SOKNA Collaborates with Government to Modernize Cemetery Development in Egypt

The company’s initiative builds on extensive research conducted over a decade, analyzing geological, environmental, and cultural factors in cemetery design and management

Daily News Egypt

Guest Opinion: Uncovering facts about Xinjiang as a BRI hub

China's Xinjiang Uygur Autonomous Region connects China with Central Asia. Due to its location as China's western gateway for trade with Central Asia and Europe, the government has made great…

Xinhua

Guest Opinion: False narratives about Xinjiang won’t halt its development

Xinjiang has come a long way, from a region hit by extremism to a thriving hub of development. The government's focus on unity and opportunity has dramatically changed the region.…

Xinhua

Guest Opinion: Journey through Xinjiang — unveiling the truth

In reality, Xinjiang's development stems from the Chinese government's policies that focus on enhancing infrastructure, accelerating economic growth, religious freedom, and education and training for ethnic minorities. On my way…

Xinhua

GFH unveils OUTLIVE for health, well-being at Cityscape

GFH Financial Group (GFH) unveiled, on Wednesday, OUTLIVE at Cityscape, a new real estate venture focused on developing master-planned communities and mixed-use projects centered around health and well-being. Operating across…

Daily News Egypt

Takeda, Egypt Healthcare Authority gear towards establishing IPU for cancer care

During the 5th Annual Egypt Healthcare Authority Forum, held in the New Administrative Capital, Takeda Egypt, in collaboration with the Egypt Healthcare Authority, announced key developments toward establishing an Integrated…

Daily News Egypt

Social Solidarity Ministry, NACDW partner to provide microloans, economic empowerment services

The Egyptian Ministry of Social Solidarity and the National Alliance for Civil Development Work (NACDW) have joined forces to provide microloans and economic empowerment services to women and youth in…

Daily News Egypt