HDB awaits CBE approval to separate real estate activity from banking business

We aim at becoming a commercial bank practicing banking business only and transferring investment activity to a company owned by the same shareholders: Sebaey

Hossam Mounir

Schweinsteiger scores in MLS debut for Chicago Fire

Rarely one to let the script writers down, Bastian Schweinsteiger made an immediate impact in his debut for the Chicago Fire. His headed goal and late assist were not enough…

Deutsche Welle

‘A rivalry founded on similarity’ – Revier rivals Schalke and Dortmund share derby day spoils

Derbies are often based on difference: different politics, different religion, different class. But as Matt Ford found out in Gelsenkirchen, Schalke and Dortmund have a lot in common.Despite its name,…

Deutsche Welle

Bundesliga: Top five talking points from Matchday 26

From an unstoppable goalscorer to a Bundesliga table full of teams clambering over one another week in, week out, Matchday 26 delivered drama - and plenty of goals. Here are…

Deutsche Welle

Egypt’s MPC maintains policy rates as forecasted by CI Captial

The Central Bank of Egypt (CBE) decided to keep its overnight deposit and lending rates at 14.75% and 15.75% respectively, while the CBE’s main operations and discount rates were both…

Daily News Egypt

EGBank lends UEEPC EGP 2bn to finance maintenance

The first portion, worth $50m, was provided this week, says El Shahat

Mohamed Farag

German embassy welcomes resuming of German NGOs’ work in Egypt

A number of foreign organisations shut down in Egypt in 2011, after the occurrence of the NGO foreign-funding case

Sarah El-Sheikh

Egypt looks for opportunities in Al-Sisi’s visit to US

The visit will benefit both countries’ relations, but there might be some conflicts regarding regional policies, says Hassan Nafaa

Sarah El-Sheikh

Sinai tribesmen organise rally in support of armed forces: army spokesperson

Local residents say the conference started as a reconciliation session between rival tribes in attendance of the armed forces

Adham Youssef

Investments of 646bn targeted for FY 2017/18, 55% coming from private sector: El-Garhy

EGP 2.2bn of value-added tax revenue on cigarettes were allocated to health insurance

Mohamed Samir