Beast of poverty continues to grow
4.6 million children in UK living in poverty, over 3.6 million college grads in US living in extremely difficult financial conditions
Syria holds first local elections since beginning of revolution
Since 2011, the Syrian government’s once effective monopoly on the use of force has consistently diminished and, in the past years, has been completely dismantled
Telecom Egypt concludes acquisition of Middle East, North Africa Submarine Cable
Telecom Egypt had announced in August the signing of a memorandum of understanding (MoU) with Airtel, wherein, Telecom Egypt will bundle MENA’s assets with existing assets of the TE network.
Minister of agriculture agrees to strengthen economic cooperation with Polish delegation accompanying ‘Time for Apple from Europe’ campaign
Time for Apple from Europe is a two-year promotional campaign conducted by the Association of Polish Fruit Growers in the Algerian and Egyptian markets between 2017 and 2019
AfDB’s multi-disciplinary mission visits Cairo to review its strategy’s implementation
Expected mission’s outcome to result in updated programme of AfDB’s interventions in Egypt in next few years
Banks’ profits score EGP 45.843bn at end of June 2018
Top five banks account for 61.34% of profits, against 72.87% for 10 banks, says CBE
Public enterprise sector minister reveals reform strategy focusing on largest loss-making companies
Agreement with Agriculture Ministry entails planting short-staple cotton to fulfil domestic market needs
CBE establishes financial inclusion information database
We aim to boost banking services’ beneficiaries, avoid duplication, says CBE
Parliament’s majority coalition selects new leader
Abdel Hadi Al-Qasabi to be successor of Mohamed Al-Sewedy
No state-owned company to be sold whole: Hesham Tawfik
Emerging markets crises will not affect planned IPOs, state to keep 40% ownership