Opinion | A review of inflation targeting policy
Since March 2024, the Central Bank of Egypt (CBE) has played a decisive role in implementing inflation targeting, making it clear that this is a primary and strategic goal through…
We target a profit of EGP 4.3bn in 2025: United Bank CEO
Ashraf El-Kady, CEO and Managing Director of United Bank, has outlined the bank's strategic growth objectives, which are built on several key pillars. He told Daily News Egypt that at…
Localising Egyptian industry, expanding market share, key targets for Industrial Development Bank in 2025: CEO
Hussein Refaie, CEO and Managing Director of the Industrial Development Bank (IDB) has stated that the bank has made significant progress in its transformation into a comprehensive commercial bank, offering…
Egypt well-positioned to capitalise on growth potential, solidify regional economic powerhouse status: HSBC Egypt CEO
Amidst a landscape of evolving economic refor\ms and regional uncertainties, Egypt remains a key player in the Middle East and North Africa (MENA) region. In this exclusive interview, Todd Wilcox,…
Egypt’s Health Minister inspects injured, sick Palestinians at Rafah crossing
Khaled Abdel Ghaffar, Deputy Prime Minister and Minister of Health and Population, visited the Rafah land crossing to assess the health status of injured and sick Palestinians arriving from Gaza.…
Türkiye prioritizes Egypt as key hub for textile manufacturing, investment: Ambassador
Turkish Ambassador to Cairo, Salih Mutlu Şen, highlighted Türkiye’s continued interest in Egypt’s textile sector, emphasizing the vital role of spinning, weaving, and garment manufacturing in bolstering trade and economic…
PwC experts highlight key tax policy changes, compliance trends in Egypt
PwC Middle East successfully concluded its annual Tax and Legal Roadshow in Egypt on 13 February 2025, bringing together senior Tax Authority officials, industry experts, and business leaders to discuss…
Hamas, Israel complete 6th prisoner swap, while Gaza awaits essential aid, equipment
The Al-Qassam Brigades, the military wing of Hamas, released on Saturday three Israeli detainees—including one American—as part of the sixth phase of the ceasefire and prisoner exchange agreement. In response,…
Arkan Palm, CIB partner to develop 16,000 sqm headquarters in Sheikh Zayed’s Financial District
Arkan Palm for Real Estate Development, a subsidiary of Badr El Din Group, has signed an agreement with Commercial International Bank (CIB) to allocate 16,000 square meters in the Financial…
Trump backs Israel’s stance on Gaza deadline as prisoner exchange concludes
US President Donald Trump stated on Saturday his support for any decision Israel might make regarding the deadline he had set for Hamas to release all Israeli prisoners in the…