Mabany Edris introduces Koun in North Coast with investments of EGP 6bn
Koun is located in the North Coast, 201 kilometers from the Alex-Matrouh road in the West North Coast. Koun offers a diverse product mix spanning over 447,657.5 sqm.
aiBANK records EGP 1.7bn revenues in 2022
The bank reported EGP 525.6m in net profits and EGP 1.79bn in net interest income in 2022, compared to EGP1. 113bn in 2021, a 61% increase.
Most prominent BoP indicators show improvement in 1H 2022/23: CBE
This was largely attributed to the decline in the trade deficit by $6.2bn or 28.4% to $15.5bn, and the service surplus doubled, driven by the increase in both tourism revenues…
$548m increase in Egypt’s international reserves in 4 months: CBE
International reserves record $34.551bn in April 2023, compared to $34.003bn in December 2022
Hollywood writers strike over pay and AI
The Writers Guild of America (WGA) and its 11,500 members went on strike this week. The industry-wide strike is the first in 15 years, bringing Hollywood production on many new…
MENA region has low female labour force participation of only 18.4%: IFC/WB summit
The International Finance Corporation (IFC), a member of the World Bank Group, and the World Bank hosted a summit last week bringing together government, judicial, private sector, and civil society…
FRA looks into CIB’s stock auction transactions
Gold prices to be featured in EGX trading sessions within days: El Dokani
49% increase in phishing attacks in Egypt during 1Q 2023: Kaspersky
186% increase in cyber attacks in Egyptian banking sector
Egypt, Angola discuss strengthening bilateral cooperation in housing projects
According to a statement issued by the Embassy of Angola in Cairo, the visit comes upon the invitation of the Egyptian authorities, and will focus essentially on the new political-administrative…
Wego: Egypt is the number one favorite tourist destination for travelers from the Middle East and North Africa region during the first quarter of this year
According to the survey, Egypt offers visitors a singular experience with a blend of ancient history, ancient culture, and stunning beaches for relaxation and adventure, in line with the preferences…