AlexBank tops most efficient banks with best loan-to-deposit ratio, net interest margin

Banks rely on government debt instruments to boost capital adequacy

Daily News Egypt

Business News Index: HSBC named ‘Bank of the Year’, AlexBank ‘Most Efficient’

Business News recently announced the results of its twelfth edition of the Banking Performance Index in Egypt, where HSBC was crowned Bank of the Year. Despite cautious performance in the…

Hossam Mounir

Business News announces winners of its 12th annual Bank Performance Index 

HSBC Egypt wins ‘Bank of the Year’ award for investing in risk-free assets

Daily News Egypt

Unveiling enchanting splendor of Islamic art: Museums present breathtaking November exhibits

November is a special month for art lovers in Egypt, as they can enjoy a stunning display of Islamic art at various museums across the nation. The exhibits were selected…

Daily News Egypt

Israel fails to substantiate its allegations of Hamas’ underground command centre beneath Al-Shifa Hospital

Erdogan calls Israel ‘terrorist state’, vows to “isolate” it internationally

Daily News Egypt

Palestinian state with 1967 borders is key to end conflict with Israel: Shoukry

Egypt’s Foreign Minister Sameh Shoukry emphasized the necessity of resolving the Palestinian-Israeli conflict by establishing a Palestinian state on the 1967 borders and said that Egypt is working to address…

Daily News Egypt

Business community across Africa showcases continental potential

In a discussion at the Egypt investment forum within day five of the Intra-African Trade Fair (IATF2023), speakers highlighted opportunities for greater trade between Egypt and other parts of Africa,…

Shaimaa Al-Aees

Afreximbank commits $2bn for Export Agriculture for Food Security Initiative

The African Export-Import Bank (Afreximbank) entered into a framework agreement for the Export Agriculture for Food Security (ExAFS) Initiative with ARISE Integrated Industrial Platforms (ARISE IIP) and the governments of…

Shaimaa Al-Aees

Basketball Africa League, Afreximbank to host Bal4her Camp in Cairo

The Basketball Africa League (BAL) and Afreximbank, an official partner of the 2024 BAL season, will host a U23 “BAL4HER” basketball camp and a series of thought leadership discussions on…

Daily News Egypt

GB Corp targets expansion of exports to Africa, Middle East

GB Corp aims to increase its exports to African and Middle Eastern countries in the coming period by exporting high-quality buses and expanding its operations in Iraq. Nader Ghabbour, the…

Fatma Salah