Latest Business News
When banks go bust: the four factors at play – trust, confidence, contagion and systemic risk
Banks are in the news again. Two bank failures in the US,…
Research centres define optimal investment portfolio amid high inflation
14 stocks gathered in inflation- and recession-resistant investment portfolio: Alfi
Valuation dispute halts SODIC’s acquisition of Orascom for Real Estate
Negotiations stopped more than month ago: Sources
Abu Dhabi Islamic Bank – Egypt achieves net profit of EGP 2.190bn in 2022
Bank’s customer deposits jump to EGP 97.6bn, with growth rate of 29%,…
JICA organizes hybrid event titled ‘Promoting Social and Continuous Learning in Egypt and Japan’
The Japan International Cooperation Agency’s (JICA) offices in Egypt and Okinawa will…
Financial position of banks in Egyptian market increases to EGP 11.399trn in 2022: CBE
Customer deposits jump to EGP 8.562trn, lending and discount balance records EGP…
Over 9.5 mln livestock died across drought-affected HOA countries: WFP
WFP says $2.4bn needed in 2023 to meet the lifesaving relief food…
World Bank vows to step up support for long-term development agendas in Africa
"We need to continue to support areas of long-term development agendas…
Kuwait extends maturity of $2bn deposit at CBE to September 2023
Maturity of $658.5m UAE deposit at CBE also extended to August 2027
Pachin’s takeover saga continues with more offers emerging
Company to re-update its fair value: Sources