Would the global trade come to a standstill as supply chain crisis worsens?
The US-China trade war, climate change, and the global pandemic have started a disruption in supply chains that…
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FAB begins share transfer in Bank Audi’s Egypt subsidiary acquisition
First Abu Dhabi Bank (FAB) has begun the share transfer process in its acquisition of 100 percent of Bank Audi's…
Egypt’s balance of payments reaches $1.5bn surplus in H2 2020: CBE
Egypt’s balance of payments (BOP) recorded an overall surplus of $1.5bn in H2 of 2020, compared to a deficit of…
Current account deficit widens 66.9 % during H1 of FY20/2021, CBE
The current account deficit rose by 66.9 percent to record $ 7.6 billion during the First Half of FY…
Egypt successfully refloated Ever Given that blocked Suez Canal almost a week
Egypt announced on Monday that the Panamanian container ship has been successfully re-floated, according to Admiral…
Egypt’s long-time women rights fighter Nawal El Saadawi passes away at 90
Nawal El Saadawi who was often perceived as the most radical feminist in modern day Egypt has passed away at 90.
EBRD approves $100 mln financing package to Banque Du Caire for Egyptian MSMEs
Banque du Caire received on Wednesday $100 million financing package from the European Bank for Reconstruction and…
Egypt to launch vehicle replacement initiative before March-end, minister
Egypt's plans to replace obsolete cars manufactured 20 years or more with locally-manufactured ones operating on…
National Bank of Egypt chairman named among Forbes Middle East’s Top 100 CEOs list
Forbes Middle East has released its first annual "Top CEOs in the Middle East" ranking; the list has included…
EFG Hermes’ Karim Awad named among Forbes Middle East’s Top 100 CEOs list
Forbes Middle East has released its first annual "Top CEOs in the Middle East" ranking; the list has included EFG…