Pound flotation posed challenges for banks’ financial positions in 2016: Business News Index

SAIB, Audi, NBE recorded the lowest ratios of unregulated loans portfolios

Samira Saeed

Banks offering e-services have best retail banking: Business News index

Limited growth in retail banking portfolios of major banks due to the CBE's regulations

Daily News Egypt

Sweden beats Canada on penalties to win ice hockey world championships

Sweden has won the ice hockey world championships for the 10th time with a 2-1 victory over 2016 champions Canada. Sunday's final in the German city of Cologne was settled…

Deutsche Welle

Real Madrid end five-year La Liga title drought

Real Madrid ended a five-year La Liga title drought when they clinched their 33rd Spanish league triumph on the final day of the season on Sunday. A 2-0 win at…

Deutsche Welle

CBE raises interest rate 2%, defying all predictions

Monetary Policy Committee (MPC) decided to raise the overnight deposit rate, overnight lending rate, and the rate of the Central Bank of Egypt's (CBE) main operation by 200 basis points…

Hossam Mounir

US and Saudi Arabia sign MOU against sources funding terror organisations

Al-Sisi raised several issues regarding terrorism, such as the places that provide safe havens to terrorist organisations

Sarah El-Sheikh

Press Syndicate head bonds with Interior Minister

Abdel Mohsen Salama pushed forward a narrative of enhancing good relations between journalists and police

Farah Bahgat

Attorney General refers 48 suspects of Palm Sunday blasts to military judiciary

Defendants face accusations of establishing two terrorist cells in Cairo and Qena affiliated to IS

Mohammed El-Said

Electricity Ministry to contract with Siemens wind farms to lower KW tariff

Company offered 5.3 Euro cents per KW/h; ministry demands similar price to Gulf of Suez project

Mohamed Farag

Zverev stuns Djokovic to win Rome Masters

Alexander Zverev claimed his maiden Masters title when he upset world number two Novak Djokovic 6-4 6-3 at the Italian Open on Sunday. The 20-year-old German will break into the…

Deutsche Welle