Browsing Category
Featured
Banque Misr’s Mohamed El-Etreby says Egypt economy will re-emerge, overcome coronavirus…
Mohamed El-Etreby, chairman of one of Egypt’s biggest banks - Banque Misr, said Thursday he is optimistic that…
Vodafone Egypt pre-tax profits rise 22.4% at end-FY2019/20
Mobile network operator Vodafone Egypt reported on Thursday a 22.4 percent year-on-year rise in profits before…
IFC: Unemployment costs Middle East and North Africa over $40 billion a year
The unemployment costs the Middle East and North Africa more than $40 billion a year, said an International Finance…
6 Egyptian judges, prosecution members test positive for coronavirus
Six people among judges and members of the general prosecution have contracted coronavirus (COVID-19), the…
Egypt’s Gezira Sporting Club to allocate building to quarantine coronavirus patients
The Gezira Sporting Club will dedicate one of its buildings to quarantine coronavirus patients as of next Saturday…
Suez Canal Bank’s profit down 11% in Q1
The Suez Canal Bank posted an 11 percent year-on-year (YoY) decline in its net profits during the first quarter of…
With a 3-stage plan, Egypt will co-exist with coronavirus
Egypt’s Ministry of Health recently released a 3-stage plan to help the country coexist with coronavirus (Covid-19)…
Egypt’s unemployment rate hikes to 9.2% between end-March and end-April due to coronavirus
Egypt’s unemployment rate rose to 9.2 percent through the end of March to the end of April due to the government’s…
Egypt’s NUCA bonds wins The Banker’s “Securitisation Deal of the Year 2020- Africa
A bond issued by Egypt’s New Urban Communities Authority (NUCA), part of the Ministry of Housing, has won The…
Egypt’s central bank keeps key interest rates unchanged
Egypt’s central bank has kept on Thursday its key interest rates unchanged, balancing a steep growth slowdown…