CBE launches 1st Digital Academy to develop workers’ skills in banking sector
FinTech Egypt initiative powered by Central Bank of Egypt (CBE) has released the first Digital Academy, to become…
UAE to outlaw single-use plastic shopping bags from 2024
The United Arab Emirates (UAE) will impose a nationwide ban on single-use plastic shopping bags from 1 of January…
Egypt’s pound hits EGP 29.76 against dollar at closing
Egypt’s pound currency has recorded EGP 29.76 against the U.S. dollar during the closing trade at banks on…
World Bank cuts 2023 economic growth forecasts to 1.7%
The World Bank (WB) slashed its growth forecasts for most countries and regions to 1.7 percent for 2023, compared…
UPDATE: Egypt’s pound hits all-time low against dollar at EGP 32.15
Egypt’s pound currency has dived to an all-time low of EGP 31.15 against the U.S. dollar on Wednesday.
BREAKING: Egypt’s pound hits new low against dollar, nears EGP 32
Egypt’s pound currency has plunged to an all-time low of EGP 30.90 against the U.S. dollar on Wednesday after the…
World Bank forecasts Egypt’s GDP growth at 4.5% this year
Egypt’s economy is expected to grow 4.5 percent in the financial year 2022/2023, which started last July and ends…
UAE’s Aldar, Diamond Developers to launch 1st sustainable city in Arabian Peninsula
UAE’s Aldar Properties and Diamond Developers will build the first sustainable city in the Arabian Peninsula that…
Egypt to receive 2nd tranche of IMF’s $3bln loan by end of March – Mission Chief
Egypt shall receive the second tranche of $3 billion financial support from the International Monetary Fund (IMF)…
CIB Egypt bank offers 18-month certificates of deposit at 22.5%
Commercial International Bank (CIB), one of Egypt’s largest private banks, is offering 18-month certificates of…
