Saudi King Salman named honorary president of Al-Zamalek Sports Club
Al-Zamalek Sports Club chairperson Mortada Mansour named Saudi King Salman bin Abdulaziz Al-Saud as the club’s honorary president on Monday. Saudi King Salman was visiting Egypt on a five-day trip,…
Capital market sees activity in acquisition of financial consultancy licences
A number of companies seek to acquire existing financial consultancy licences to avoid the procedures of obtaining new licences and the process of selecting managing directors
Islamic banks face challenges associated with managing liquidity: CBE deputy governor
Negm added that the government reissuing bonds when they are due will enable Islamic banks to invest their surplus funds
Banks must comply with new controls for foreign exchange deposits: CBE
CBE said in a statement on Monday that it had monitored some individuals who made large cash deposits in foreign currencies, and used them to import non-essential goods and products…
Egypt’s politicians visit Italy, Europe amid ongoing Regeni case
Two separate groups travelled to Europe Monday, including a parliamentary delegation expected to visit European Parliament
Argentinean Mónaco wins 2016 US Men’s Clay Court Championships in tennis
Mónaco defeated US player Jack Sock in the men’s singles’ final, with scores of 3-6, 6-3 and 7-5
Trial to contest Sanafir, Tiran’s sovereignty transfer to begin 17 May
Prominent rights lawyer Khaled Ali submitted a lawsuit to the State Council on Sunday
Israel studying legal status of Tiran and Sanafir islands, announcement expected soon
Israel asserted that the decision will not affect Egyptian-Israeli relations, reported Israeli state media on Monday
Demian’s dismissal revives Investment Ministry’s hopes to return private free zones system
Ministry to forward amendments to the cabinet within days, hopeful for acceptance, says government official
CBE deputy governor calls for banks to increase capital base
The CBE allowed banks three years to adjust to this decision
