Fitch Ratings upgraded its outlook for the National Bank of Egypt, Banque Misr, Banque du Caire, and the Commercial International Bank (CIB) to positive while maintaining their respective ratings at “B-”
BMI Research, a subsidiary of Fitch Solutions, revised its forecast for Egypt’s growth in the current and coming fiscal years, displaying cautious optimism as it expects stronger growth in investment spending for FY2024/2025
EBRD anticipates the economy to recover in 2025, expecting an uptick to 4.4 percent while forecasting a climb to 4 percent for the coming fiscal year
In an official statement, Madbouly also stated that Egypt is working with the UAE to waive an Emirati deposit of $6 billion in the Central Bank of Egypt (CBE) and convert it to Egyptian pounds
The narrowing of the deficit reflects the surge in foreign currency reserves after the fresh inflows for FX from the Ras El Hekma deal and the depreciation of the Egyptian pound
The Egyptian Exchange (EGX) fell into the red zone during Tuesday trading, losing around LE 8 million in market capitalization
Trading on securities reported Egyptian and Arab traders as net sellers with LE 177.90 million and LE 48.24 million, respectively
Hisham Talaat Moustafa, CEO and Managing Director of Talaat Moustafa Group Holding (TMG Holding), has been named to Forbes Middle East magazine’s Top 100 Travel & Tourism Leaders in the Middle East for 2024. Moustafa, ranking 15th on the list, is the top Egyptian executive recognized.
Al-Ahly continued their strong performances in the Egyptian league and achieved a great 4-1 victory
The Arab Military Equestrian Championship kicked off with a military music show in the presence of President Abdel Fattah El-Sisi.
In the 2023–2024 Egyptian League tournament, Zamalek defeated its guest, Al-Ahly, 2-1, in a crucial match that brought them together on Monday night.
This year's pilot edition has been expanded to an additional four teams, with Croatia, Egypt, Tunisia and New Zealand to compete in Cairo from 22-26 March.
Sports United organizes the first edition of the ACUD Cup, to be held in Cairo between 22 and 26 March 2024 with the participation of Egypt, Croatia, Tunisia and New Zealand.
The fastest and safest way to lose weight while relying on 100% natural ingredients is through On Target Slim tablets, which are licensed by the Egyptian Ministry of Health.
Fast and profitable conversion Toncoin (TON) to Tether TRC20 (USDT).
The Egyptian national football team's captain and coach, Hossam Hassan, left out Mohamed Salah, a star player for Liverpool, from the squad that will begin a camp in the Emirates on Wednesday.
Champion Egyptian swimmer Farida Othman won a bronze medal in the 50-meter butterfly at the World Aquatics Championships, which took place in Doha, Qatar, from February 2–18.
Al-Ahly Club Board of Directors will visit the Zamalek Club on Monday, in response to the invitation received from the Zamalek Board of Directors, headed by Captain Hussein Labib.
El Molla outlined Egypt's revised goals for national emissions reduction contributions, aiming to expand the country’s use of green energy and achieve a 42% integration of renewable energy into the energy mix by 2035
Egyptian business tycoon Hisham Talaat Mostafa attended the meeting with the PM, which was held at Qasr Al Shati Palace in Abu Dhabi.
