CIB leads 20 securitization bond issuances worth EGP 57.5bn in 2023
It secures more than 63% of Egyptian market share in securitization bond issuances
Egypt targets 5% inflation by 2026, government document says
Price stability and lower inflation rates among government’s priorities
UN peacekeeping chief urges Lebanon, Israel to de-escalate border tension
UN Under-Secretary-General for Peace Operations Jean-Pierre Lacroix on Saturday urged Lebanon and Israel to de-escalate their border tension. Lacroix made the call at the end of his four-day visit…
Middle Eastern CEOs embrace disruption, prioritize digital in face of change
Across the dynamic expanse of the Middle East, businesses are charting a course of unwavering optimism amidst the tides of disruption. While a rapidly evolving world presents its share of…
US escalates Yemen conflict with fresh raid on Houthi radar in Sana’a
The Houthi rebel group in Yemen accused the United States of a fresh air strike on the Al-Dailami Air Base in the capital Sana'a on Saturday morning. The US Central…
Sudan rejects IGAD Summit over unfulfilled promises
The Sudanese Sovereign Council announced Saturday it would not participate in next Thursday's Inter-governmental Authority on Development (IGAD) summit in Uganda, dedicated to regional crises in Sudan, Somalia, and Ethiopia.…
Egyptian Health Minister inspects services, national medical projects in Kafr El-Sheikh
Egypt’s Minister of Health and Population, Khaled Abdel Ghaffar, directed the intensification of work in the evening clinics at Kafr El-Sheikh General Hospital so that medical services in all specialities…
Wadi Al-Silicon to double its workforce at smartphone accessories factory
Abdelmoneim Al-Khawaga, the Chairperson of Wadi Al-Silicon, said that Prime Minister Mostafa Madbouly’s visit boosted the confidence of investors in the economic zone of the Suez Canal in Ain Sokhna.…
Pharmacies sector suffers from drug pricing crisis, capital loss over 50%
The pricing crisis in medication is the biggest challenge facing the pharmacy sector in Egypt, said Ashraf Kordy, Board Member of the Giza Chamber of Commerce. He spoke at a…
Nasser Social Bank launches new certificate with 20% annual return
Bank also offers investment account with cumulative daily return of 15% annually, named “Day by Day Account”