Hussein Fahmy heads CIFF’s jury, Maged El-Kedwany wins Fatem Hamama Award 

Prominent actor Hussein Fahmy is selected to be the head of the jury at the upcoming 38th round of the Cairo International Film Festival in November. Fahmy has been the…

Daily News Egypt

Interest rate hike will impose significant fiscal burden: economic experts

HSBC believes that the CBE’s tightening cycle has peaked, Capital Economics forecast a 6% deposit rate fall by end of 2018

Mohamed Samir

Jewish Temple in Alexandria allocated EGP 40m for renovation

Egyptian authorities previously refused Israeli offer to fund the restoration process

Daily News Egypt

Egyptian pound fist to fist with US dollar yet again

Local currency began appreciating again by 21 piastres in four days, market awaits its trend until the end of the year

Hossam Mounir

Arab African International Bank increases Golden Saving Account rates to 14% annually

The Arab African International Bank (AAIB) raised the interest rates for the Golden Saving Account in Egyptian pounds to 14% annually, 13% semiannually, 12.75% quarterly, and 12.5% monthly. Return is…

Daily News Egypt

NBE does not intend to issue bonds on foreign markets: vice chairperson

We aim to offer the bonds with a suitable return and the delay in offering is better, says Abu Al-Fotouh

Hossam Mounir

United Bank to reduce its troubled debt portfolio to less than EGP 2bn by 2017 end: chairperson

The bank seeks to increase its profits by more than 100% by the end of this year, says El Kadi

Hossam Mounir

Analysts expect negative effects on EGX after raising interest rates

Continuation of increased interest on savings threatens the attractiveness of stocks: experts

Mahmoud Hashem

EGX ranks third best performing Arab stock market amid expectations of continued progress

KSE tops the list, QSE tails, six Arab bourses suffer losses, including DFM and ADX

Alia Stouhi

2 policemen killed, 9 injured in Al-Arish checkpoint bomb attack

The attack occurred a few hours after the Ministry of Interior announced killing 16 militants

Daily News Egypt