Egypt non-oil private sector expands for first time in 8 months, PMI hit 50.8: NBD

Uptick in new orders appears driven by domestic demand, employment readings above 50.0 for first time since 2015

Daily News Egypt

States can never be built by demonstrations: Al-Sisi 

'I have nothing to fear; we will never fail to protect our homeland,' President says

Fatma Lotfi

Old Kingdom cemetery of two pyramids builders found in Giza

Discovery of pyramids’ builders cemetery reveal to whole world that pyramids were not built by slaves, but its builders had built their tombs beside their Kings, says Hawas

Daily News Egypt

Passion driven with details, young female artisan establishes her own modern Ramadan lantern brand 

“I make every lantern and doll with my own hands, pay attention to smallest details, process of sewing cloths,” says artist

Nada Deyaa’

Lanterns still find their way to Egyptians’ lives despite economic conditions

“It is a tradition. No one can start Ramadan without getting a new Fanoos” says merchant

Fatma Lotfi

World Bank’s cooperation with CBE to issue fintech sandbox is conditional: Mohieldin

Municipalities in Egypt should have clear detailed budgets first to be qualified for issuing bonds

Alyaa Stohy

Al-Sharqawi represents Misr Insurance Company at SAIB Bank’s board of directors

The Central Bank of Egypt (CBE) has approved the appointment of Ashraf Al-Sharkawi as a member of the SAIB Bank’s board of directors. The bank said in a statement to…

Daily News Egypt

Hussein Elgretly appointed as non-executive member of Suez Canal Bank’s board of directors

The Central Bank of Egypt (CBE) has approved the appointment of Hussein Elgretly as a non-executive member of the board of directors of the Suez Canal Bank, representing the Arab…

Daily News Egypt

Egyptian banking sector ranks 4th in terms of assets in Arab region: UAB

NBE ranked eighth among largest Arab banks with assets worth $75.6bn

Hossam Mounir

Foreign currency deposits up $1.3bn in 1Q 2019 to $42.81bn

Local currency deposits up by EGP 88.1bn to EGP 2.531tn at end of March 2019

Hossam Mounir