Ramadan desserts go global
Egyptian pastry chefs, have started putting this twist on traditional Ramadan desserts such as Konafa and Atayef, a trend driven, in part, by creative marketing, and reflecting changes in the…
High occupancy in Red Sea and South Sinai pre-Eid Al-Fitr: Hotels Chamber
Occupancies in the Red Sea increased to 70% and South Sinai to 50% before Eid Al-Fitr, expected to rise to 90% and 80% respectively
The need for a peace narrative in the Middle East
Dr Cesar Chelala Growing up in Tucuman, a town in the North of Argentina, I had the opportunity to see a small example of peaceful coexistence and collaboration between Arabs and…
Gazans salvage their dead during humanitarian ceasefire
Death toll rises as more bodies are found under the rubble during ceasefire
Prosecution refers 20 to court on terrorism charges
The men are believed to be members of the militant group Agnad Misr
Anti-harassment group to form Eid operation rooms
Group says sexual harassment is worse during holidays
Rise of interest rate to have limited effect on stock market: Experts
Economic experts give different reasons for the limited impact of the interest rate hike on the stock market
7 banks raise interest rates on deposits after Central Bank decision
A recent CBE decision saw an increase in the benchmark overnight deposit rate by 1% to 9.25%, and the overnight lending rate to 10.25%.
National Bank of Egypt, Banque du Caire, and Banque Misr increase returns on savings certificates
A number of government banks raise returns on savings certificates to attract liquidity, fight inflation, and increase individual returns
Egyptian banks show ‘impressive growth’ but fall short in Tier 1 capital: The Banker’s report
Tier 1 capital, a core measure of a bank’s financial strength, of National Bank of Egypt and CIB fell to reach the 404th and the 535th position respectively