Siemens presents study to Industry Ministry to increase local products’ competitiveness
Wael Omar, senior vice president of digital industries at Siemens Egypt, said that German experts conducted a study on four industrial zones in Egypt. The industrial zones hold 12 factories…
KCC to kick off Korean culture day on 8 October in Alexandria
Maritime forces' team will take part in the event, perform joint training with Egyptian counterpart, says director
US House of Representatives announces impeachment inquiry into Trump
Trump describes inquiry as “presidential harassment,” promising to release transcript of his call with Zelenskiy
US Prudential Financial to invest in Sarwa Life Insurance through its impact investment arm
Prudential’s investment will help Sarwa Life accelerate the roll out of quality and innovative products, says Hazem Moussa
CBE cuts interest rates by 1% in line of expectations
This is the second interest cut in a row following the 150 basis point on 22 August, and the third in 2019.
Drwazah launches EGP 10bn investments in Egyptian real estate market
Company celebrates launching its first branch in Egypt
Strong expectations that CBE’s basic interest rates will be cut by 50 to 150 basis points
MPC ecided at its meeting on 22 August 2019 to reduce the interest rate by 150 basis points for overnight lending, overnight deposit, and CBE's main operation, to settle at…
British PM faces mounting pressure as parliament reconvenes
Johnson faced lawmakers hours after the opening of the parliament as both the main opposition Labour Party and the Scottish Nationalist Party called for him to resign.
Security Council debate highlights preventive measures in counter-terrorism
UN Secretary-General Antonio Guterres described the terror threat as "evolving," saying "the new frontier is cyber-terrorism: the use of social media and the dark web to coordinate attacks, spread propaganda…
EGX starts to reverse losses, climbing 2.5% following 8-day drop
CIB hikes by 5% and Eastern Company by 4.7%