SNA celebrates 35 years of excellence, innovation in Egyptian automotive sector
Star National Automotive (SNA), an authorized dealer of Mercedes-Benz, marks its 35th anniversary since its establishment in 1988 as the first dealer of the luxurious German brand in Egypt. SNA…
CIB secures $150m loan from EBRD
In continuation of the Management's commitment to proactively strengthen the Bank's capital position, Commercial International Bank (CIB) would like to announce that it secured USD 150 million subordinated loan from…
AlexBank tops most efficient banks with best loan-to-deposit ratio, net interest margin
Banks rely on government debt instruments to boost capital adequacy
Business News Index: HSBC named ‘Bank of the Year’, AlexBank ‘Most Efficient’
Business News recently announced the results of its twelfth edition of the Banking Performance Index in Egypt, where HSBC was crowned Bank of the Year. Despite cautious performance in the…
Business News announces winners of its 12th annual Bank Performance Index
HSBC Egypt wins ‘Bank of the Year’ award for investing in risk-free assets
Unveiling enchanting splendor of Islamic art: Museums present breathtaking November exhibits
November is a special month for art lovers in Egypt, as they can enjoy a stunning display of Islamic art at various museums across the nation. The exhibits were selected…
Israel fails to substantiate its allegations of Hamas’ underground command centre beneath Al-Shifa Hospital
Erdogan calls Israel ‘terrorist state’, vows to “isolate” it internationally
Palestinian state with 1967 borders is key to end conflict with Israel: Shoukry
Egypt’s Foreign Minister Sameh Shoukry emphasized the necessity of resolving the Palestinian-Israeli conflict by establishing a Palestinian state on the 1967 borders and said that Egypt is working to address…
Business community across Africa showcases continental potential
In a discussion at the Egypt investment forum within day five of the Intra-African Trade Fair (IATF2023), speakers highlighted opportunities for greater trade between Egypt and other parts of Africa,…
Afreximbank commits $2bn for Export Agriculture for Food Security Initiative
The African Export-Import Bank (Afreximbank) entered into a framework agreement for the Export Agriculture for Food Security (ExAFS) Initiative with ARISE Integrated Industrial Platforms (ARISE IIP) and the governments of…