MIDBANK launches three-year savings certificate with returns of up to 19.65%
MIDBANK has launched the "MID Plus" savings certificate, offering individuals a secure investment option with a variable annual return of up to 19.65% paid monthly or up to 19.5% paid…
Egypt’s banking sector records EGP 15.26trn in domestic liquidity during H1 2026
The Central Bank of Egypt (CBE) announced that domestic liquidity in Egypt's banking sector stood at EGP 15.261trn in June 2026, down from EGP 15.330trn in May. Data released by…
CBE instructs banks to complete company data for National Financial Inclusion Database
The Central Bank of Egypt (CBE) has instructed banks operating in the local market to complete the core data of all companies they deal with—whether borrowers or non-borrowers—using commercial registry…
Egypt’s financial inclusion rate reaches 79%, with 56.4 million citizens holding active transaction accounts: CBE
Egypt's financial inclusion rate continued to rise, reaching 79% in June 2026, with 56.4 million citizens owning active accounts that enable them to perform financial transactions, out of a total…
Colombia shifts right as de la Espriella assumes presidency with hardline security and economic pledges
New right-wing Colombian President Abelardo de la Espriella was sworn into office on Friday, vowing in his inaugural address to launch a fierce crackdown on drug trafficking, end peace talks with armed…
Declining US support for Israel intensifies pressure on Netanyahu ahead of elections
Declining political consensus in the United States regarding support for Israel is creating mounting pressure on Israeli Prime Minister Benjamin Netanyahu and raising deep concerns among Israeli officials about the…
Israeli forces advance in southern Lebanon as Beirut awaits US envoy to address ceasefire
The Israeli military continued its incursions and the demolition of homes in southern Lebanon on Saturday, despite the Lebanese president announcing that a senior United States general will soon arrive…
German Chancellor Merz faces internal party rebellion and replacement speculation ahead of regional elections
German Chancellor Friedrich Merz is confronting mounting internal party pressure and speculation of an early replacement ahead of critical September regional elections, reflecting an unprecedented state of political turmoil in…
Al Ahly Sabbour introduces YOUD Al Bahr with ready homes
Al Ahly Sabbour has unveiled YOUD Al Bahr, the newest phase of its YOUD development in Ras El Hekma, introducing premium first-row beachfront serviced chalets with direct sea and lagoon…
Government discusses integrated framework for sustainable industrial water management
The ministers of water resources and irrigation, industry, and military production have held an expanded meeting to develop an integrated framework for sustainable water management in Egypt's industrial sector, with…