Hisham Talaat Mostafa named most influential real estate developer in Middle East by Forbes
Hisham Talaat Mostafa, CEO and Managing Director of Talaat Mostafa Holding Group, has been recognized as one of the most influential Egyptian real estate developers in the Middle East by…
Venezuelan president warns against new threats from US
Venezuelan President Nicolas Maduro on Friday warned against new threats from the United States. "The US empire chose Good Friday to threaten Venezuela once again," said Maduro on X, formerly…
Explosion hits Indonesia’s military complex near Jakarta
An explosion rocked a military complex near Indonesia's capital city Jakarta on Saturday evening and casualties have not been reported, an officer told local media. Spokesperson of the Indonesian Army…
NBE acquires 24% share in Hyde Park Developments
Licensed capital estimated at EGP 10bn, land portfolio exceeds 6 million square metres
Hostage situation in Netherlands’ Ede ends peacefully, motive under investigation
A tense hostage situation in the central Dutch town of Ede ended peacefully on Saturday with the release of four hostages and the arrest of a suspect, police announced. Ede…
Haiti gang leader offers conditional disarmament, UN warns of worsening crisis
A powerful Haitian gang leader, Jimmy Chérizier, also known as "Barbecue," has offered a conditional ceasefire. Chérizier says his group would consider laying down arms if armed factions are included…
Sudan: Humanitarian crisis deepens as clashes hinder aid delivery
Sudan's already dire humanitarian situation is worsening as a dispute between the Sudanese Armed Forces (SAF) and the paramilitary Rapid Support Forces (RSF) disrupts the delivery of vital aid. The…
CBE introduces new controls for updating customer data in banks
Banks must obtain CBE approval for electronic client data updates and have a three-month period to settle the situation
CIB’s Extraordinary General Assembly approves issuance of financial instruments worth $1bn
The Extraordinary General Assembly of the Commercial International Bank (CIB) has authorized the issuance of financial instruments totaling $1bn or its equivalent in local or foreign currencies. These instruments may…
CBE approves capital increase for Banque du Caire
The Central Bank of Egypt (CBE) has granted approval for Banque du Caire to increase its issued and paid-up capital by EGP 9bn, bringing it to EGP 19bn. Additionally, the…