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Egypt’s CIB: standalone pretax profit surges to EGP 9.01 billion in 3 months
Commercial International Bank (CIB), one of Egypt’s largest private banks, has registered profit before tax of…
Egypt’s c.bank expects 200bps interest rate hikes next Thursday- Reuters poll
The Central Bank of Egypt (CBE) will raise its overnight interest rates by 200 basis points on Thursday, a Reuters…
Are women more environmentally-friendly than men? Studies say yes
Women are more environmentally-friendly than men, yet they are the most vulnerable to the consequences of climate…
IMF, Egypt agree to finalise work to reach staff-level agreement ‘very soon’
The International Monetary Fund (IMF) has agreed with authorities in Egypt to finalise work to reach a staff-level…
Egypt c.bank governor Hassan Abdalla chairs plenary session of IMF-WBG board of governors
Central Bank of Egypt’s (CBE) Governor Hassan Abdalla will chair on Friday the plenary session of the International…
Egypt, AfDB launch new country strategy 2022/2026
Egypt’s Ministry of International Cooperation and the African Development Bank (AfDB) launched on Thursday the new…
Egypt targets FDI worth $10 billion annually over four years: minister
Egypt targets $10 billion in foreign direct investment (FDI) annually over the next four years, the country’s…
India’s ACME to build green hydrogen industrial complex
Indian renewable energy firm ACME Group signed on Thursday a preliminary agreement to build a green hydrogen…
UK economy to enter recession in fourth quarter, Goldman Sachs says
UK economy will go into stagnation later this year, with the risk that it could turn out to be a deep contraction…
Actis to set up green hydrogen plant in Egypt
British firm Actis, which is the largest private capital investment firm in Africa, signed on Thursday a memorandum…
