HSBC launches its first cashback credit card in Egypt

Product is tailored to evolving needs of its Egyptian cardholders: Visa Country Manager

Daily News Egypt

Mashreq Bank – Egypt launches ‘Turbo Loan’ for businesspeople, self-employed

New product ensures quick credit approvals within 48 hours, with credit limit of up to EGP 750,000, repayment periods of up to 7 years

Daily News Egypt

Housing and Development Bank records 96% growth in retail loans in 2020

Bank also reports 380% and 20% increase in auto loans and customer deposits, respectively

Hossam Mounir

ABE makes notable contribution to sector revival, countryside development: Chairperson

Bank sees huge increase in loan portfolio to EGP 44.5bn in 2020, of which EGP 31bn directed to MSMEs, says Alaa Farouk

Hossam Mounir

Egypt understands Ethiopia’s electricity needs, but they must respect our interests: Shoukry

Sudan warns that Ethiopia's plan to start second phase of Nile Dam filling constitutes ‘direct threat’ to its national security

Sami Hegazi

IMF, Madagascar agree on $320m Extended Credit Facility Arrangement

The economy of Madagascar has been severely impacted by the Covid-19 pandemic. GDP is estimated to have contracted by more than 4% in 2020

Daily News Egypt

GLOBALink | Opening arguments begin in former President Trump’s second impeachment trial

U.S. Senate on Tuesday voted to proceed with the second impeachment trial of former President Donald Trump. Opening arguments in the trial began Wednesday. The Senate voted 56-44 that the…

Xinhua

GLOBALink | Bolivia to launch COVID-19 mass vaccination following deal with China

Bolivia's President Luis Arce on Thursday said a mass vaccination campaign against the novel coronavirus disease will begin this month, following an agreement signed earlier in the day with China…

Xinhua

GLOBALink | China releases video of Tianwen-1’s entry into Mars orbit

China's Tianwen-1 probe, including an orbiter, a lander and a rover, successfully entered Mars orbit on Wednesday

Xinhua

1 Togolese peacekeeper killed, 27 injured in central Mali attack

28 Togolese peacekeepers were injured in the attack Wednesday on its temporary base in Kerena, in Mali's central region of Mopti

Xinhua