CIB, IEvents announce details of 2019-2020 PSA Women’s World Championship

The CIB has been sponsoring the Egyptian Squash Association (ESA) for seven years. The bank supports ten players, including Raneem El Welily; Nour El Tayeb; Nouran Gohar; Salma Hany; Hania…

Abdulrahman Al-Shuweikh

Egytrans delivers solid performance recording 5x market growth in 1H19

The company’s earnings before interest, tax, depreciation, and amortisation (EBITDA) lost 760.1 bps to reach 19.6% vs. 27.2% for 1H19 and 1H18, respectively, affected by the increase in operating costs…

Alyaa Stohy

Representatives of 20 Korean companies visiting Egypt shortly

Delegation to attend a business forum, B2B meetings, says South Korean ambassador

Hagar Omran

UK expands its support to Egypt with £13m through WB

Egypt, UK discuss preparations of UK-Africa Investment summit in January 2020, says MIIC

Hagar Omran

AGD eyes EGP 250m of sales in 2020

Company will expand in New Cairo, Shorouk, says Managing Director

Daily News Egypt

Banks’ SMEs funding amounts to EGP 146bn, targeting EGP 200bn by year-end: El-Etreby

The CBE has instructed banks working in the local market to allocate 20% of their loan portfolios to finance SMEs. El-Etreby pointed out that NGOs were also included within this…

Daily News Egypt

CBE prioritises financial inclusion in line with Egypt’s strategy for sustainable development 2030: Helal

Activities of Arab Financial Inclusion Day resulted in opening of 1m accounts in Egyptian banking sector within 4 years

Hossam Mounir

Al-Assad declares ‘general amnesty,’ downgrading punishments in Syria

In a statement, the presidency said that the decree applies to crimes committed before 14 September, downgrading the death penalty to a life sentence of hard labour, and reducing life…

Bassant Mohammed

Algeria calls presidential elections for December

Election to replace ousted Algerian President Abdelaziz Bouteflika scheduled for December 12

Daily News Egypt

Aramco’s oil facilities still within range of our attacks “could be targeted at any moment”: Houthis

Movement said Saudi Arabia should stop its "aggression, blockade on Yemen"

Daily News Egypt