Banque du Caire arranges two loans for petroleum sector worth EGP 4-5bn

The bank is considering contributing to the Islamic loan, which is arranged by Banque Misr for Egyptian Iron, worth EGP 200m

Hossam Mounir

Suez Canal Bank plans to break into retail banking, real estate finance, SME financing in its new strategy: chairperson

The bank has established 3 new departments specialised in these activities and is currently preparing its own cadres: Refaei

Hossam Mounir

Pound sets for modest depreciation in 2018/19: Capital Economics

The currency has weakened by 50% against the dollar since it was floated last November

Elsayed Solyman

Balfour centenary: Planted seed of the never Middle East conflict 

The British Balfour Declaration is still debated nowadays. It enabled the Jewish community to settle in Palestine but failed to protect the rights of Palestinians

Amira El-Fekki

Egypt’s Cabinet appoints advisory office to determine waste-to-energy’s purchase price 

The purchase tariff ranges between 121-160 cents per kilowatt 

Mohamed Farag

Lebanese Prime Minister Saad El-Hariri resigns 

The minister expressed fears of assassination during a televised speech 

Daily News Egypt

Foreign leaders arrived to Sharm El-Sheikh to attend World Youth Forum 

Leader of Emirates arrived to Cairo, others, including Palestinian president scheduled to arrive early Sunday 

Daily News Egypt

Ansar Al-Islam claims responsibility for Wahat shootout

15 militants were killed during the operations in the Western Desert: MoI

Daily News Egypt

Attijariwafa Bank Egypt trade name inaugurated in Egyptian market

Launching Attijariwafa Bank identity in Egypt is a step to further enhancing the group’s presence in the region and is key to making use of its international business model: El…

Daily News Egypt

Inflation continues to represent challenge to economic stability: Oxford Business Group report

More funding on the way as Egypt’s economic reforms yield results: OBG’s “Egypt Economic Update”

Reem Hosam El-din