CBE cuts interest rates by 1% in line of expectations
This is the second interest cut in a row following the 150 basis point on 22 August, and the third in 2019.
Drwazah launches EGP 10bn investments in Egyptian real estate market
Company celebrates launching its first branch in Egypt
Strong expectations that CBE’s basic interest rates will be cut by 50 to 150 basis points
MPC ecided at its meeting on 22 August 2019 to reduce the interest rate by 150 basis points for overnight lending, overnight deposit, and CBE's main operation, to settle at…
British PM faces mounting pressure as parliament reconvenes
Johnson faced lawmakers hours after the opening of the parliament as both the main opposition Labour Party and the Scottish Nationalist Party called for him to resign.
Security Council debate highlights preventive measures in counter-terrorism
UN Secretary-General Antonio Guterres described the terror threat as "evolving," saying "the new frontier is cyber-terrorism: the use of social media and the dark web to coordinate attacks, spread propaganda…
EGX starts to reverse losses, climbing 2.5% following 8-day drop
CIB hikes by 5% and Eastern Company by 4.7%
Egypt scolds Turkey’s Erdogan over sponsoring terrorism in the region
Erdogan made his remarks while addressing the UN General Assembly, to which the Ministry of Foreign Affairs responded, “Egypt and its people have only the highest respect for the Turkish…
New York returns looted priest’s golden coffin to Egypt
The Gold Coffin of Nedjemankh was stolen from the Minya region of Egypt in the aftermath of the Egyptian Revolution in October 2011.
Imagining both utopian and dystopian climate futures is crucial – which is why cli-fi is so important
Society often looks to culture to try and make some sense of the world’s problems. Climate change challenges us to look ahead, past our own lives, to consider how the…
Docu-play exposes US police brutality
Recent statistics show that the number of people killed by the US police jumped from 962 in 2015 to 1,164 in 2018. Ironically, there were only 23 days in 2018…
