Billionaire Naguib Sawiris plans to set up Egypt-based SME bank
Egyptian tycoon Naguib Sawiris said on Monday he seeks to set up a bank in his country specialising in services for…
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Egypt, AfDB discuss boosting cooperation in different developmental domains
Prime Minister Moustafa Madbouli asserted Egypt's keenness on increasing the volume of cooperation with the African…
European bank stocks drop amid stress over Turkey
Banks dragged European shares down on Monday as a growing economic crisis in Turkey shook investor confidence in…
Net foreign reserves rise to $20 million in November: Egypt’s c.bank
The Central Bank of Egypt (CBE) said that the country’s net foreign currency reserves rose to $20 million at the…
Germany’s KFW bank finances €1.8 billion flagships in Egypt
Germany's state-run development bank KFW has provided financing for projects currently in the country that is…
How to buy Bitcoin in seconds from your smartphone
You've seen all the headlines about bitcoin and other cryptocurrencies rising in value. Maybe you want to get in…
Gold slips after Yellen hints of rate hike
Gold prices edged lower on Wednesday as the dollar ticked higher after U.S. Federal Reserve Chair Janet Yellen…
UN condemns Israel’s West Bank settlement schemes
The United Nations (UN) has condemned Israel's plans to build more settlements in the occupied West Bank. A UN…
European markets close lower; euro hits three-year high
European markets closed in negative territory on Wednesday despite euro zone inflation figures hitting a three-year…
Banque du Caire: MSME financing portfolio hits 2.6 bln pounds at Oct-end
Egypt’s third biggest bank, state-owned Banque du Caire said Thursday its portfolio of micro, small, and…
