All investigated transactions are correct, allegations are unfounded: CIB

The Commercial International Bank (CIB) released a press statement on Saturday stating that after the bank conducted a comprehensive internal investigation, they found that all banking operations within the bank…

Mohamed Samir

ESIP aims to promote all kinds of tourism in Egypt: Hadi

Our interns witnessed that Egypt offers some of most impressive institutions, experts, scholars worldwide, says ESIP`s founder

Nehal Samir

Egypt Post increases wages by EGP 400m in FY 2018/2019

Egypt Post expects an increase in profits of EGP 700m this year

Mohamed Alaa El-Din

IDBE signs cooperation protocol with MFF to increase its share in CBE’s initiative to EGP 1bn

Bank funds 5,220 clients with EGP 529m within initiative, says Fahmy

Hossam Mounir

Al Baraka Banking Group puts Egyptian market at top of its priorities: CEO

Bank celebrates opening of its new headquarters in 5th Settlement

Hossam Mounir

Suspected embezzlement case at CIB

The bank released a statement stating that they received a complaint, are currently investigating

Mohamed Samir

Egypt to implement automatic fuel price indexation mechanism by end of 2018: IMF

The International Monetary Fund (IMF) said in its staff report after the third review of the Egyptian economy that the automatic fuel price indexation mechanism for most fuel products will…

Hagar Omran

EU economic growth forecast reduced

The European Commission has released new economic growth forecasts. Europe's major economies are expected to grow in the next two years — but at a slower rate than the Commission…

Deutsche Welle

Majid Al Futtaim, Sawiris Foundation sign partnership agreement to launch ‘Know Me, Accept Me’ initiative 

Majid Al Futtaim Retail, which holds the exclusive franchise rights to operate Carrefour in 38 countries, and the Sawiris Foundation for Social Development, one of family-funded foundations in Egypt set…

Shaimaa Al-Aees

13 prisoners handed death sentences in major jail break case

Six of the defendants were tried in absentia

Daily News Egypt