Moody’s sees Egypt’s rate cut, easing inflation as credit positive for banks

Credit rating agency expects Egypt's GDP to grow 5.6% in 2019, additional rate cuts next year

Mohamed Samir

Recent interest rate cuts save EGP 20-25bn in state budget: Finance Ministry

Interest cuts will not affect attractiveness of government debt instruments, says Kouchouk

Abdel Razek Al-Shuwekhi

Al-Sisi asserts he methodically follows up state measures to support low-income people

The president asserted that he understands the difficult position of the people affected by recent benefit cuts in ration cards.

Daily News Egypt

Tom Hanks to receive Cecil B. deMille award at Golden Globes

The renowned actor is known for films like Big, Forrest Gump, Saving Private Ryan, Cast Away, and the upcoming release of A Beautiful Day in the Neighbourhood.

Daily News Egypt

Tunisian cinema to be honoured at MAFF

The MAFF is an intercultural platform focusing on Arab cinema. With the aim of promoting cultural diversity and tolerance, the festival holds events all over Sweden.

Daily News Egypt

CIFF expands Arab cinema programme

The competition screens the latest of Arab cinema, through which various feature and documentary films compete.

Daily News Egypt

Ukraine offers sharing food security expertise with Egypt

Bilateral trade exchange exceeds $1.5bn in eight months, says Ukrainian ambassador

Hagar Omran

Two startups represent Egypt in Climatelaunchpad competition

British embassy hosts 13 Egyptian competitors last Thursday

Hagar Omran

China Trade Fair Egypt 2019 wraps up its activities Monday

“We plan to increase our investments in local market to $15bn,” says Chinese ambassador

Hagar Omran

Beta Egypt reduces land size of Beta Greens New Cairo

Fikri said that the modification is a precautionary measure to preserve interests of the clients and their investments, as well as to complete the project as soon as possible. It…

Shaimaa Al-Aees