The North Coast: a symbol of how Egypt manipulates its wealthy and ruins its resources

Being a resource-rich nation is not, in itself, a true blessing. The real asset is a government that knows how to manage its country’s resources by maximising their value to…

Mohammed Nosseir

NCR intends to offer omnichannel service in Egypt: managing director for Africa

The company aims to supply Egyptian banks with the latest banking technology in the world, says Elsayed

Hossam Mounir

UNB aims to boost SMEs financing to 8% of its total loans portfolio by end of 2016: vice chairperson

Union National Bank-Egypt (UNB) aims to boost its financing directed to small- and medium-sized enterprises (SMEs) to 8% of its total loan portfolio by the end of 2016, according to…

Hossam Mounir

United Bank intends to participate in the loan arranged for TE: bank’s chairperson

Volume of bank’s syndicated loans portfolio amounts to EGP 500m, with most of the funds going to electricity and petroleum projects, says Elkady

Hossam Mounir

AIB aims to increase loans granted to SMEs to EGP 7bn in 4 years: chairperson

The bank invested EGP 600m in the SMEs sector in 2015, with a current portfolio of EGP 1.5bn, says Seif El-Nasr

Hossam Mounir

Egypt digs itself back to 1977

Ahmed Kamal, a medical student, was arrested by police and delivered to his family the following day via the mortuary. Ahmed had been sentenced to two years in absentia and…

Wael Eskandar

US Open: Serena into round of 16 with record win

Serena Williams' quest to break the record for the most ever women's major titles, held jointly with Steffi Graf, is still on course. On Saturday, the American demolished Sweden's Johanna…

Deutsche Welle

Formula 1: Button to take year off

Two days after Felipe Massa announced his retirement, McLaren's Jenson Button says that after this season he's going on sabbatical for a year. But the 2009 driver's champion isn't ruling…

Deutsche Welle

Turkey is willing to mend relations with Egypt, Syria: Turkish PM

Turkey’s statements indicate significant transformation in its foreign policy

Daily News Egypt