Commercial International Bank (CIB), one of Egypt’s largest private banks, has registered profit before tax of 8.975 …
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Egypt’s CIB: standalone pretax profit surges to EGP 9.01 billion in 3 months
by Yomna Yasserby Yomna YasserCommercial International Bank (CIB), one of Egypt’s largest private banks, has registered profit before tax of 9.071 …
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Egypt’s c.bank expects 200bps interest rate hikes next Thursday- Reuters poll
by Nada Aliby Nada AliThe Central Bank of Egypt (CBE) will raise its overnight interest rates by 200 basis points on …
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Are women more environmentally-friendly than men? Studies say yes
by Yomna Yasserby Yomna YasserWomen are more environmentally-friendly than men, yet they are the most vulnerable to the consequences of climate …
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Editors' PicksEgypt NewsFinancial InstitutionsMoneyNews
IMF, Egypt agree to finalise work to reach staff-level agreement ‘very soon’
The International Monetary Fund (IMF) has agreed with authorities in Egypt to finalise work to reach a …
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Egypt c.bank governor Hassan Abdalla chairs plenary session of IMF-WBG board of governors
Central Bank of Egypt’s (CBE) Governor Hassan Abdalla will chair on Friday the plenary session of the …
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Egypt’s Ministry of International Cooperation and the African Development Bank (AfDB) launched on Thursday the new country …
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Editors' PicksEgypt NewsIndustry & TradeNewsTech/AI
Egypt targets FDI worth $10 billion annually over four years: minister
Egypt targets $10 billion in foreign direct investment (FDI) annually over the next four years, the country’s …
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Editors' PicksEgypt NewsIndustry & TradeNewsTech/AI
India’s ACME to build green hydrogen industrial complex
by Sanaa Allamby Sanaa AllamIndian renewable energy firm ACME Group signed on Thursday a preliminary agreement to build a green hydrogen …
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UK economy to enter recession in fourth quarter, Goldman Sachs says
by Nada Aliby Nada AliUK economy will go into stagnation later this year, with the risk that it could turn out …