US stubbornly proceeds with Jerusalem plan, plans to open embassy in May

Announcement comes shortly after Abbas’ new proposed peace conference 

Amira El-Fekki

ADFG eyes expansion in Egyptian market as economic reforms pay off, says CEO

Firm with around $6bn in assets considers different opportunities in many sector

Elsayed Solyman

How to get a personal loan from the NBG – Egypt

Are you planning your wedding? Do you need to make improvements to your home? Do you need a long-awaited vacation? If you wish for one of those things and do…

Daily News Egypt

Electricity Ministry, UNDP, AmCham hail successful application of CIB energy efficiency 

The Commercial International Bank-Egypt (CIB) received a special award from the Energy Efficiency Project in recognition of its leading role in supporting and contributing to the national energy efficiency strategy…

Daily News Egypt

SMEDA’s microfinance balance reaches EGP 7.12bn

The microfinance balance at the Small and Medium Enterprise Development Authority (SMEDA), formerly the Social Fund for Development, is estimated to have reached EGP 7.12bn at the end of 2017…

Daily News Egypt

The 2018 Winter Olympic Games wrap up with colorful closing ceremony

The 2018 Pyeongchang Winter Olympic Games have drawn to a close with the conclusion of the closing ceremony. The IOC president praised athletes from South and North Korea for demonstrating…

Deutsche Welle

Cabinet approves ABE’s new board of directors  

Daily News Egypt learned that Prime Minister Sherif Ismail issued a decree approving the formation of the Agricultural Bank of Egypt (ABE)'s new board of directors, which will last for…

Daily News Egypt

Crédit Agricole Egypt’s net profit reaches EGP 1.957bn at end-2017

Bank will continue to support major investment projects in Egypt, in partnership with other entities of Crédit Agricole Group, says Finas. 

Daily News Egypt

UNB signs 4 agreements to support small investors in agriculture, land reclamation

Main sectors to be financed by bank are agricultural crops, livestock production, poultry, fish farms, medicinal plants, aromatic plants

Daily News Egypt

Banks avoid interest rate cuts to maintain depositors  

Few banks implement interest rates cuts on savings accounts one week after CBE decision to cut basic interest rate by 1% 

Hossam Mounir