Global conflicts, crises major turn of events

Syria, US trade war, Brexit top issues in recent weeks

Amira El-Fekki

Foreign Currencies in FX reserves up by $2.13bn in July, CBE

SDRs down by $1.017bn, gold in reserves drop by $54m

Hossam Mounir

Indonesia dances poco-poco in Asian Games record attempt

In an attempt to break a world record, tens of thousands have danced the poco-poco, including inmates in more than 500 prisons. Participants said the mass dance helps promote a…

Deutsche Welle

Procedures for exit of National Bank of Greece from Egypt did not start yet: senior official

Bank's management in Egypt has not received any formal requests for technical examination of the due diligence of its portfolio, work is proceeding normally

Hossam Mounir

ABE settles outstanding debts for 480 customers worth EGP 38m within CBE initiative: chairperson

Bank's bad debt portfolio declined to 13% of total loan portfolio, aims to reduce it to 10% by end of 2018, says Elkosayer

Hossam Mounir

Shuaa Capital mulls acquisitions or strategic partnerships in Egypt as it considers expansion

Company currently ranked eighth among biggest brokerages in local market

Daily News Egypt

CIB’s robust interim financial results in Q2 driven by resilient margins: report

Investment income failed to support non-interest earnings as it fell by 61%

Daily News Egypt

Egypt shares resume rally as corrections, profit-taking finally over amid fresh liquidity

Market expected to move upwards in mid-term, bolstered by earning season

Daily News Egypt

Russia appoints actor Steven Seagal to deepen ties with US

American action movie star Steven Seagal has been named as a special representative of the Russian Foreign Ministry. The unpaid role will focus on developing Russian-American relations in the areas…

Deutsche Welle

Fund project growth to reach 6%, unemployment rate, inflation to fall to 7%: IMF’s senior resident representative to Egypt

Strong private sector essential for job creation, this requires improving business environment, governance, transparency, access to finance, accountability of public institutions

Nevine Kamel