Parliamentary proposal to promote Egypt’s real estate exports in hard currency
Hazem El-Gindy, a member of the Senate, has submitted a proposal addressed to Prime Minister Mostafa Madbouly and Minister of Housing, Utilities, and New Urban Communities Assem El-Gazzar. The proposal…
AAIB delivers strong financial results End of Year 2023
Tamer Waheed, Vice Chairman and Managing Director, commented, AAIB delivered a strong set of results YE 2023. With over a EGP 100 billion growth in local currency deposits, a strong…
Tarek Lotfy: Unshaken by controversy, continues to success in artistic endeavours
I was pleased with audience’s overwhelming praise for ‘El Atawla’ series
NBE executes six financing agreements totaling EGP 18.8bn in Q1 2024
NBE leads in Egyptian market for syndicated loan arrangements, according to Bloomberg
Art sector joins UN fight against climate change
The global art world took a significant step towards environmental sustainability today as the UN Climate Change announced a partnership with the Art Charter for Climate Action (ACCA). This collaboration,…
Five banks account for 74.2% of mortgage finance for low-income sector in Q1 2024
22 banks offer EGP 66.448bn in mortgage finance to over 500,000 customers
Iraq launches probe into explosion at military base
Iraqi military officials said on Saturday they launched a comprehensive investigation into a large explosion that occurred past midnight at a military base in Iraq's central province of Babil. A…
Opinion| The Farce of the Iranian Attack and the American-Israeli Stance
A bizarre and almost theatrical event took place during the Iranian assault on Israel, characterized by the deployment of drones and ballistic missiles. The entire episode, from the initial declaration…
3 Egyptian exchange companies surpass EGP 15bn in foreign currency collections post-liberalisation
Since the liberalisation of the exchange rate, three exchange companies have collectively amassed foreign currencies surpassing EGP 15.5bn, with Al Ahli Exchange leading the way, having gathered EGP 8.616bn. Al…
EU, G7 leaders urge de-escalation amid heightened Middle East tensions
European Commission President Ursula von der Leyen and Finnish Prime Minister Petteri Orpo called for urgent de-escalation in the wake of rising tensions between Iran and Israel. "We must do…