Egypt’s Al-Sisi, Gabon’s Nguema pledge closer cooperation on bilateral, African issues
Egypt and Gabon have pledged to strengthen their bilateral ties and enhance cooperation on regional issues, President Abdel Fattah Al-Sisi announced Saturday following a meeting with Gabonese interim President Brice…
Corporate, institutional financing for MSMEs jumps to EGP 71.3bn in September 2024
Corporate and institutional financing for Micro, Small, and Medium Enterprises (MSMEs) totaled EGP 71.321bn for 3.759 million customers in September 2024, up from EGP 49.653bn for 3.824 million customers in…
Banque Misr reports profit before tax of EGP 70.1bn in H1 2024
Banque Misr achieved a profit before income taxes of EGP 70.142bn in June 2024, compared to EGP 38.096bn in June 2023. The financial statements revealed a net profit of EGP…
NBE achieves EGP 43.5bn profit before tax in Q1 2024
The National Bank of Egypt (NBE) reported a significant increase in profits before tax, reaching EGP 43.550bn in the first quarter (Q1) of 2024, compared to EGP 17.531bn in the…
CBE assets rise to EGP 6.213tn in October
The Central Bank of Egypt (CBE) has reported an increase in its total assets, which reached EGP 6.213tn in October 2024, up from EGP 6.090tn in September 2024. According to…
Foreign assets in Egyptian banking sector reach $9.2bn in October 2024: CBE
The Central Bank of Egypt (CBE) has announced that the Egyptian banking system's net foreign assets achieved a surplus of $9.2bn in October 2024, equivalent to EGP 450.861bn, compared to…
SOKNA Collaborates with Government to Modernize Cemetery Development in Egypt
The company’s initiative builds on extensive research conducted over a decade, analyzing geological, environmental, and cultural factors in cemetery design and management
Guest Opinion: Uncovering facts about Xinjiang as a BRI hub
China's Xinjiang Uygur Autonomous Region connects China with Central Asia. Due to its location as China's western gateway for trade with Central Asia and Europe, the government has made great…
Guest Opinion: False narratives about Xinjiang won’t halt its development
Xinjiang has come a long way, from a region hit by extremism to a thriving hub of development. The government's focus on unity and opportunity has dramatically changed the region.…
Guest Opinion: Journey through Xinjiang — unveiling the truth
In reality, Xinjiang's development stems from the Chinese government's policies that focus on enhancing infrastructure, accelerating economic growth, religious freedom, and education and training for ethnic minorities. On my way…
