NBE grants ASORC $100m to implement service, facility projects necessary to develop company’s plants
Yehia Aboul Fotouh, deputy chairperson of the National Bank of Egypt (NBE), and Nagy Abdel Ghaffar, chairperson of Assiut Oil Refining Company (ASORC), signed a financing contract worth $100m for…
‘Grotesque’ selfies banned at Cannes Film Festival
Is this the end of the red carpet selfie hunters? The director of France's glamour film festival says that violators of the newly imposed selfie ban will not be let…
Women are always portrayed as victims, weak creatures in drama: study
Art is not only reason for low status of women; other factors include education, other media, says Al-Shafei
Attijariwafa Bank signs MoU with Expolink to raise Egyptian exports to Africa
Group aims to establish joint ventures between Moroccan, Egyptian investors, explore joint investment opportunities in countries it is located in
Momentum in NUCA’s auctions to continue: Beltone Research
HDB stands as key beneficiary on continued flow of low-cost deposits
Boris Becker: ‘Germany is in a tennis boom’
Since August 2017, Boris Becker has been head of men's tennis in Germany. With the Davis Cup quarterfinal battle with Spain on the horizon, Becker spoke to DW about the…
Relative stability in Egypt’s net international reserves at $42.6bn in March: Beltone
Egypt’s net international reserves continued their relatively stable status, increasing slightly by $87m to reach $42.61bn in March, up from $42.52bn a month earlier, and maintaining imports coverage at eight…
Average of 30-40 bps cut in banks’ net interest margin expected following CBE cuts: Beltone
Lengthening durations of assets while shortening those of liabilities are key defense mechanisms
Brazil’s Supreme Court rules ex-President Lula can be jailed as he appeals corruption conviction
Justices had been weighing whether former President Lula should be allowed to put off beginning a 12-year sentence while he appeals a corruption conviction. The ruling against Lula will likely…
Champions League: Barcelona hammer Roma with the help of two own goals
Barcelona eased past Roma with a 4-1 win at the Camp Nou that will leave them confident of a spot in the last four. The Spanish side were helped on…