Turkey, Israel announce resumption of relations, re-exchange of ambassadors
“After a telephone call between Prime Minister Lapid and Turkish President Recep Tayyip Erdogan, Israel and Turkey are re-exhanging ambassadors,” the Israeli PM’s Twitter account said.
Korean Embassy invites first Egyptian basketball player playing for a Korean professional team
The first Egyptian player to set foot on Korean basketball arenas will be competing for the LG Sakers for the second year after renewing his contract ahead of the 2022/23…
FRA approves issuance of securitisation bonds for EFG-Hermes, ValU
It also approved EFG-Hermes’ second securitisation programme — which is worth EGP 2bn — for consumer finance portfolios referred by ValU Consumer Finance.
CBE’s acting governor asserts full cooperation with government in common files
This came during a Thursday meeting with Egypt's Prime Minister Mostafa Madbouly, a few hours after Abdalla was assigned by President Abdel Fattah Al-Sisi to assume this position.
Hassan Abdalla named Acting Governor of Central Bank of Egypt
Al-Sisi meets Abdalla, stresses need to develop monetary policy in line with current global conditions
CBE to discuss raising key interest rates on Thursday
Market expectations vary regarding the upcoming decision of the MPC
Anticipation prevails across money market; all await decision on interest rates
EGX30 is expected to rebound to 10,200 points
Federation of Industries confirms need for new monetary policies to promote industrial investment
Manufacturers demand opening documentary credits for imports in banks
Opinion| Will the FBI interfere in determining next president of the US?
For the first time in US history, a large force of the FBI stormed one of the private residences of former president Donald Trump at his home in Mar-a-Lago resort…
Opinion| Unifying the Libyan army
Iraq, which was occupied in 2003 for allegedly possessing weapons of mass destruction, did not fall until after the decision of American military governor Paul Bremer to dissolve the Iraqi…