Egypt, Arab League condemn Israeli storming of Al-Aqsa
It represents dangerous escalation towards violence
CBE assesses impact of previous interest rate hikes, reserve requirement ratio rise on inflation
MPC decided last week to maintain basic interest rates at CBE unchanged
Financial position of banks jumps to EGP 12.409trn in January 2023: CBE
Bank deposits increase to EGP 9.021trn, of which 77.8% belong to household sector
Every US president since Reagan has mishandled classified documents: Report
US President Joe Biden and his predecessor Donald Trump are just the latest in a four-decade-long chain of recent presidents who have mishandled classified documents during their tenure, New York…
G7 issues joint statement covering key global issues day before summit ends
The Group of Seven (G7) leaders on Saturday rushed to release a joint statement at their ongoing annual summit in Japan's western city of Hiroshima. The G7 Hiroshima Leaders'…
Iran’s top leader warns of foreign bids to cause tensions between Iran, neighbours
Iran's Supreme Leader Ali Khamenei said on Saturday that some foreign sides seek to cause problems in the country's relations with its neighbours, calling on Iranian officials to prevent the…
500 evacuated due to wildfire in Spain
Around 500 people have been evacuated from their homes due to a wildfire that has so far burned 8,500 hectares of land in the southwestern Spanish region of Extremadura, according…
Macro Group Pharmaceuticals seeks to increase its exports in coming period
Macro Group Pharmaceuticals has stated that it aims to increase its exports during the coming period, as exports stand now at about 5% of the company's total revenues. Zeina Shaheen,…
CI Mortgage aims to increase its financing portfolio to EGP 1.5bn in 2023
Company offers EGP 900m in finance so far this year
Increased interest from American admin, financial community in Egyptian economy: US Chargé d’Affaires
Cairo is important, influential regional commercial, industrial centre: Desrocher