Banque Misr arranges funding worth EGP 81.3bn for various economic sectors
Loans up 40% in FY 2016/2017, deposits up 56%
Abdeen receives Banker of the Year Award for GCC
Mohamed Nasr Abdeen, vice chairperson of Union National Bank-Egypt, received the 2017 GCC Banker of the Year Award. Union National Bank of the UAE was awarded the Best Retail Bank…
EBI organises lecture on IFRS 9 standards
A few days ago, the Egyptian Banking Institute (EBI) organised a seminar on the accounting standard IFRS 9, with a view to introduce the International Financial Reporting Standards (IFRS) and…
FEB, FEI organise conference on transformation into non-monetary economy for 16 January
The Federation of Egyptian Banks (FEB) and the Federation of Egyptian Industries (FEI), in collaboration with the Centre for International Private Enterprise, will hold the second conference on the transformation…
Fintech in Egypt: the wheels turn slowly
It appears that businesses and individuals in Egypt need to adapt to the new technology by embracing the paradigm shift in financial activity.
New Year cheer with the Vienna Philharmonic
With 50 million television viewers in 90 countries, the Vienna Philharmonic's New Year's concert is the world's standout classical music event. The orchestra itself has seen its public image evolve…
10 dead as militants attack church south of Cairo
Police forces quelled possible suicide bomb attack, says Ministry of Interior
New Year’s Eve: Are fireworks harming the environment?
In some countries like Germany, it's not New Year's Eve without a night sky full of fireworks. But how bad are these colorful explosions for our environment? And what are…
SoftBank-led group seals deal to buy massive stake in Uber
A consortium led by Japan's SoftBank will buy a large number of shares of ride-hailing firm Uber, after shareholders elected to sell their shares, handing new Uber CEO Dara Khosrowshahi…
VW aims to block emissions audit in constitutional court
The German carmaker has lodged a complaint with Germany's highest court, seeking to overturn a lower court's ruling that it must appoint a special auditor to investigate its Dieselgate emissions…