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Egypt’s central bank issues guarantees worth EGP 100 bln for banks to boost loans
Central Bank of Egypt (CBE) has loan guarantees worth 100 billion Egyptian pounds to encourage banksbe part of an…
Faisal Islamic Bank reports rise by 14.5% in its business volume during April
Faisal Islamic Bank of Egypt saw its business volume growing by 14.5 percent year-on-year (YoY) by the end of April…
Coronavirus outbreak delays Egypt’s CIB bank acquisition plans: Ezz Al-Arab
Egypt’s largest private lender, Commercial Bank of Egypt, said that coronavirus outbreak has delayed the…
MBG to launch its second compound its Egypt new capital next Sept.
Egypt’s Master Builders Group (MBG) says it seeks to launch its second residential project - Pukka II Compound - in…
Egypt’s parliament Oks suspending tax on agricultural land for 2yrs
Egypt’s parliament approved on Monday a legislative amendment suspending the tax on agricultural land for two more…
Private transportation to operate during Eid holiday: Egypt’s Cabinet
Egypt's private transportation will be exempted from a suspension of transportation during Eid al-Fitr holiday next…
Sisi urges Egyptian army to remain ready to protect security – Spokesman
Egypt’s President Abdel Fattah al-Sisi urged the leaders of the Egyptian army to be prepared to protect Egypt's…
Egypt’s House approves new draft Banking law with new provisions
The Egyptian House of Representatives has approved the long-awaited Banking and Central Bank Act with several new…
Bank Audi Egypt detects 2 new coronavirus infections in its Shoubra branch
Bank Audi-Egypt announced that it has detected two positive coronavirus cases in its Shoubra branch including an…
Egypt reports 535 new coronavirus cases in largest single-day spike on Monday, recovery…
Egypt reported on Monday 535 new coronavirus cases on Monday – the country’s biggest single-day spike in confirmed…