Cabinet approves ABE’s new board of directors  

Daily News Egypt learned that Prime Minister Sherif Ismail issued a decree approving the formation of the Agricultural Bank of Egypt (ABE)'s new board of directors, which will last for…

Daily News Egypt

Crédit Agricole Egypt’s net profit reaches EGP 1.957bn at end-2017

Bank will continue to support major investment projects in Egypt, in partnership with other entities of Crédit Agricole Group, says Finas. 

Daily News Egypt

UNB signs 4 agreements to support small investors in agriculture, land reclamation

Main sectors to be financed by bank are agricultural crops, livestock production, poultry, fish farms, medicinal plants, aromatic plants

Daily News Egypt

Banks avoid interest rate cuts to maintain depositors  

Few banks implement interest rates cuts on savings accounts one week after CBE decision to cut basic interest rate by 1% 

Hossam Mounir

Economic reform offers upside to equity market: Beltone

Expected interest rate cuts in 2018 will provide a relief for corporates

Daily News Egypt

Winter Olympics: Marit Bjoergen puts Norway top of the medals table

Marit Bjoergen has won the final event of the Pyeongchang Olympics, taking gold in the women's 30km mass start classic. Her gold medal took Norway to the top of the…

Deutsche Welle

As CBE embarks on long-anticipated easing cycle, losers, winners emerge at EGX-listed companies

Banking sector will be most negatively affected by CBE’s decision, analysts note

Daily News Egypt

Egypt shares to extend rally as investors expect to build new positions ahead of earnings season

EGX30 rose 2.36% in a week; market capital rose by 19.7% at EGP 883.4bn

Daily News Egypt

53.5% internet user penetration in Egypt in 2019

A report issued by Statista expects the internet user penetration in Egypt to reach 53.5% of the population by 2019, up from 48% last year. According to the report, the…

Mohamed Alaa El-Din

Belgian trade mission to Egypt in March 2018

In line with the continuous efforts to foster and enhance the economic and trade relations between the Kingdom of Belgium and the Arab Republic of Egypt, a Belgian trade mission…

Daily News Egypt