When Eid cookies “kahk” trace societal changes

The road from fresh home-baked kahk to red velvet ones

Nada Deyaa’

Church commemorates St. Samuel Monastery victims on Monday

28 people were killed in May in shooting claimed by IS

Amira El-Fekki

Berlin 24/7: It’s not all about pandas in Berlin

Panda fever has gripped Berlin. The locals can't get enough of the two new zoo residents, "Sweet Dream" and "Darling." Yet animal-lovers can simply walk through the city to get…

Deutsche Welle

Financial Group, EFG-Hermes acquire 26% of EGX’s transactions in H1 2017

Financial Group executed transaction of EGP 51.7bn, thanks to the Bin Rushd deal

Alia Stouhi

Financial Group maintains leadership among securities companies in June

Financial Group maintained its dominance over the brokerage firms in June, with a total volume of EGP 4.99bn, representing a market share of 15.4%. It took the lead in the…

Alia Stouhi

Gulf crisis: Surrender or dig in for the long haul

Saudi Arabia and the United Arab Emirates (UAE), by breaking off not only diplomatic but also economic relations with Qatar, are likely to make it this time round far more…

James Dorsey

Egypt’s top 5 banks accounted for 77.7% of total profits of banks operating in Egyptian market by end of March 2017: CBE 

Total profits amounted to EGP 30.516bn at the end of first quarter of 2017, top 10 banks mark profits of EGP 26.234bn

Hossam Mounir

Nonperforming loans drop to 5.7% of total loans at banks by March end: CBE

Ratio of loans to deposits in local currency rose to 40.2%, ratio of loans to deposits in foreign currencies fell to 62.8% in March

Hossam Mounir

GE to turn Egypt into manufacturing hub over upcoming years

Government reforms are bold but require faster pace

Mohamed Ayyad