On Monday, October 23, the Egyptian cabinet announced that the General Authority for Investment and Free Zones (GAFI) of Egypt and Qatar National Bank (QNB) had inked a memorandum of …
Economy
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EconomyHighlightsPoliticsWomen’s Achievements
Saudi Princess Reema bint Bandar: Saudi Women Own 40% of Country’s Startups
According to Princess Reema bint Bandar, the Saudi ambassador to the US, 40% of Saudi Arabia’s businesses are run by women. Princess Reema stated that Saudi Arabia has the fastest-growing …
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The Ministry of Social Solidarity, headed by Minister Nevine El Kabbaj, announced the provision of projects for women’s development, which benefit women and girls to improve their social and economic …
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Gulf International Bank B.S.C. (GIB) recently announced that it has become a signatory to the Women’s Empowerment Principles (WEPs). Established by UN Women and UN Global Compact, WEPs are a …
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EconomyHighlights
CIB Foundation inked a finance arrangement with Hand-in-Hand worth EGP 4.7 million
The CIB Foundation, the bank’s non-profit organization, has signed a financing agreement with Hand-in-Hand, non-profit organization, which aims to help improve the overall quality of life of the amputee population …
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Egypt and China signed a memorandum of understanding (MoU) on the sidelines of the third Belt and Road Forum for a debt swap to fund development projects. The agreement was …
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ALEXBANK announced the completion of the “GenderPro” training program on empowering women, especially women leaders, and teaching them how to overcome challenges in the workplace and master public speaking. The …
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EconomyHighlightsPoliticsWomen’s Achievements
BankDhofar Elevates Women’s Financial Independence by Launching “Ladies Banking”
BankDhofar, one of Oman’s leading banks, announces Ladies Banking, a dedicated financial proposition designed exclusively to empower women. The bank is offering a host of exceptional features and privileges, such …
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EconomyHighlights
CBE, EU, And GIZ Cooperate to Boost Financial Inclusion Banking Supervision in Egypt
The joint technical assistance project “Strengthening Financial Inclusion and Banking Supervision in Egypt” has been completed by the Central Bank of Egypt (CBE), the European Union (EU), and the German …
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The Central Bank of Egypt (CBE) has recently issued new instructions to regulate the use of credit cards for transactions in foreign currencies abroad. This comes amid concerns of misuse, …