According to sources, Egyptian banks’ one-year term saving certificates of deposits (CDs) have attracted a record EGP 642 billion in just 42 days, offering a high annual yield of 27 …
Economy
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EconomyNews
President Abdel Fattah El-Sisi to Inaugurate 7th Edition of Egypt Energy Show “EGYPES” Tomorrow
February 18th, 2024, Cairo: Egypt’s President, H.E. Abdel Fattah El-Sisi, will inaugurate tomorrow, Monday, the 7th edition of Egypt Energy Show (EGYPS 2024), taking place during the period from February …
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The State Minister of Emigration, Soha Gendy, announced that her ministry has presented alternative plans to increase dollar transfers from Egyptians living abroad. These initiatives aim to address the challenges …
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Contact Pay, a leading electronic payment solutions company and subsidiary of Contact Group, a prominent non-banking financial services provider, announced a strategic partnership agreement with Al Ahly Momkn, a critical …
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On the 27th of this month, the Association of Information and Communications Technology Company “Int@j” will organize the “She Techs” Forum to empower women in the Communications and Information Technology …
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Economy
Egypt seeks for increased cooperation with World Bank in managing state-owned enterprises: PM
The Egyptian government is eager to expand its collaboration with the World Bank in managing state-owned enterprises and increasing their efficiency, Prime Minister Mostafa Madbouly said at a meeting with …
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Yesterday, Dr. Mostafa Madbouly, the Prime Minister of Egypt, witnessed the signing ceremony of a cooperation agreement between Egypt’s Information Technology Industry Development Agency (ITIDA) and Mashreq Global Network on …
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EdVentures, the leading Edutech venture capital firm under Nahdet Misr Group, partnered with Giza Systems Foundation (GSF), the social responsibility arm of Giza Systems, to foster innovation and accelerate the …
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EconomyLifestyle
FABMISR Takes on UN Women’s Empowerment Principles “WEPs” to Promote Gender Equality
First Abu Dhabi Bank Misr (FABMISR), one of the largest banks operating in Egypt, announced the signing of the United Nations’ ‘Women’s Empowerment Principles (WEPs). This initiative, launched by the …
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Sharp swings have been observed in Egypt’s FX black market after the news of the signing of an agreement to implement Ras El Hekma resort, in northwest Egypt, with investments …
