Who is Facebook CEO and founder Mark Zuckerberg?

Social media mogul Mark Zuckerberg is believed to be among the most powerful men in the world. As the head of Facebook, Zuckerberg became a billionaire at a very young…

Deutsche Welle

IDA, CPC sign EGP 900m contract for establishment, development of new industrial zone in Sadat

Ahmed Abdel Razek, head of the Industrial Development Authority (IDA), signed with Riad Kiwan, managing director at CPC International, a contract for the establishment and development of a new industrial…

Daily News Egypt

Government supported scientific research with EGP 3bn: Al-Sisi

Scientific research is strategic choice to avoid haphazardness, says president

Fatma Lotfi

Explosion kills 2 police conscripts in Alexandria

Bomb targeted convoy of Alexandria’s security director as he was entering security facility

Adham Youssef

Mats Hummels recovers to lead German resistance against Spain

After a difficult opening phase, Joachim Löw's back four eventually radiated its usual air of experience and quality. If Germany are to defend their World Cup title, they'll need get out of the blocks…

Deutsche Welle

Banks’ investments in T-bills increase to EGP 680.4bn at end-2017

Banks operating in the Egyptian market raised their investments by EGP 43.64bn in government treasury bills (T-bills) during December 2017 to reach EGP 680.406bn compared to EGP 636.766bn at the…

Daily News Egypt

Bank loans increase EGP 7.6bn in November

The value of bank loans provided to customers increased to EGP 1.431tn at the end of November 2017, edging up from EGP 1.424tn in October 2017. This marks an increase…

Daily News Egypt

Egypt’s bank deposits rise EGP 55bn in November 2017: CBE

The Central Bank of Egypt (CBE) announced that total bank deposits rose by EGP 55bn in November 2017. This brought total deposits to EGP 3.273tn at the end of November…

Daily News Egypt

Egyptian Banking Institute holds 2nd IFRS 9 seminar

Need for coordination among specialised units, risk management, credit, finance, information technology departments, Al-Khawaja says

Daily News Egypt

NBE’s microfinance portfolio reaches EGP 3.5bn: Aboul Fotouh

About EGP 40bn available funding for SMEs, bank aims to increase that to EGP 100bn by 2020

Hossam Mounir