Multilateral Development Banks pledge stronger financing capacity at IMF/WB Annual Meetings
Heads of multilateral development banks (MDBs) attending this year’s IMF/World Bank Annual…
CBE approves Amr El Ganainy as CIB Deputy CEO, Managing Director
El Ganainy has over 35 years of banking experience
MENA banking sector witnesses 30% surge in net profits
The Middle East and North Africa (MENA) region banking sector experienced a…
Sidi Kerir Petrochemicals, Rungas Group to build butane cylinders factory in Egypt
Sidi Kerir Petrochemicals Company (SIDPEC) has signed a partnership agreement with Rungas…
SCZONE explores opportunities with electric car, fibre, and logistics companies in China
The Chairperson of the Suez Canal Economic Zone (SCZONE), Walid Gamal El-Din,…
Core inflation slows down for third month in a row: CBE
The Central Bank of Egypt (CBE) announced that its core inflation rate,…
House of Representatives approves bill to extend tax-free car import initiative for Egyptian expats
The House of Representatives passed on Monday a bill proposed by the…
Egypt becomes first in region to issue sustainable panda bonds worth $500m
Egypt has achieved a milestone by becoming the first country in the…
EGYCOMEX to list new petroleum products, starting with nitrogen fertilizers
The Egyptian Commodities Exchange (EGYCOMEX) is planning to list new petroleum products…
Prime Minister meets with ExxonMobil’s Senior Vice President
Egyptian Prime Minister Mostafa Madbouly met on Sunday with the first vice…