Economy

Mastercard and Women Choice have expanded their partnership to launch two programs – ImpactHer and EmpowerHer – to support women entrepreneurs grow their businesses and create jobs across the Middle …

The “Forsa” program is a job creation initiative aimed at providing employment opportunities to beneficiaries of the monetary subsidies program “Takaful w Karama”. With a budget of $400,000, the program …

The National Bank of Egypt (NBE) has acquired a 24%  Egyptian Arab Land Bank’s stake in Hyde Park Developments, a leading real estate developer.  This a move to diversify its …

On Sunday, the Minister of Social Solidarity, Nevine El-Kabbaj, conducted a review of the unified e-platform for economic empowerment. This platform is intended to facilitate the automation of all small …

Yesterday, Visa, a leader in digital payments, announced the continued expansion of its global value-added services business with the addition of three new AI-powered risk and fraud prevention solutions. The …

During a news conference on March 30, Egyptian Prime Minister Mostafa Madbouly announced that Egypt will receive the first installment of an expanded loan agreement with the International Monetary Fund …

Banque du Caire, a leading Egyptian bank, has received approval from the Central Bank of Egypt (CBE) to increase its issued and paid-up capital by EGP 9 billion, bringing it …

Prime Minister Mostafa Madbouly has announced a joint effort with traders and manufacturers to lower commodity prices. The initiative aims to achieve a significant price reduction of 15 to 20 …

The Most Noble Number charity auction for special numbers, held this evening in Dubai, raised a total of AED 38.095 million that will go fully to supporting the Mothers’ Endowment …

The Central Bank of Egypt (CBE) recently released the key financial soundness metrics for Egyptian banks as of the end of 2023. According to a new report, CBE noticed a …