Lebanon’s Prime Minister-designate resigns following deadlock in cabinet formation
Politicians are again presenting to our friends worldwide a blatant failure to manage public affairs, says Saad Al-Hariri
Traders expect improved EGX performance on back of interest rate cuts
Accordingly, they expect Sunday’s trading session to witness the results of the CBE decision, which will affect the attractiveness of other investment tools for fixed-income instruments.
Banks to study impacts of interest rate cut on savings, loan products
Returns on some savings certificates and loans automatically dropped by 0.5% after corridor price falls
Finance Minister instructs ECA to reduce time limit on selling neglected goods
This would ensure the improved handling of containers left at customs points in Egypt in a manner that prevents their accumulation in ports and warehouses.
Egypt’s new banking law comes into force after Al-Sisi’s ratification
Banks obliged to reconcile their conditions under its provisions within 1 year, transition period can be extended for 2 years
NPA announces new heads at state-owned newspapers
Ahmed Galal appointed as chairperson of Akhbar Al-Youm, Nevine Kamel as Editor-in-Chief for Al-Ahram Hebdo, Khaled Mery for Al-Akhbar
Palestinian President calls on UN to hold ‘real’ talks between Palestine, Israel
PLO did not mandate any party to speak in name of Palestinian people, Mahmoud Abbas tells UN
Innovative science-based regulations needed to reduce tobacco related sickness, death: Chief Scientist
“Regulations must be based on sound science and not be driven by politics, which unfortunately is not always the case,” Allen said, adding, “Regulations must be progressive and allow innovation…
CBE reveals bank performance indicators for H1 2020
Banking sector deposits rise to about EGP 4.7trn, financial position of banks jumps to EGP 6.408trn by end of June 2020
EJB presents 8 steps for compliance with Egypt’s new data protection law
EJB member Sherif Makhlouf said that the law provides a grace period of one full year for organisations to address and comply with its requirements.