Banks to study impacts of interest rate cut on savings, loan products
Returns on some savings certificates and loans automatically dropped by 0.5% after corridor price falls
Shaimaa Raafat
239 Articles
Latest by Shaimaa Raafat
EBE records EGP 1.103bn net profit in FY 2019/20
Bank’s loans and credit facilities reach EGP 31.297bn, while syndicated loans record EGP 5.195bn
Egypt reports 116 new COVID-19 cases, 17 new fatalities
Higher Education Ministry study finds two drugs that may help combat virus
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Video| GERD: A Decade of Futile Negotiations Over Nile Dam Dispute
For almost a decade, Egypt, Ethiopia, and Sudan have been engaged in negotiations on the Grand Ethiopian Renaissance Dam (GERD)
EGX launches new index EGX100 EWI to diversify market performance measurement
New index follows new methodology to better reflect performance of companies, says Mohamed Farid
Novartis Egypt, Sandoz support Health Ministry against coronavirus
Novartis has also collaborated with the ministry to run Egypt’s first coronavirus awareness seminar in March, that brought together over 5,600 multi-specialty doctors to discuss the latest developments on the pandemic.
Football associations cannot punish players who refrain from playing in coronavirus-hit countries: FIFA
EFA awaits cabinet meeting to decide on fate of local leagues
Raya Holding, BELAZ agree to promote Egypt-Belarus economic cooperation
Chairperson and Managing Director of Raya Holding Medhat Khalil said this partnership will contribute to moving forward the industrial, trade, and investment relations between the two countries.
Mountain View to offer HeartWork’s 2nd phase with EGP 500m expected sales
Mountain View owns a land bank in West Cairo estimated at 800 feddan divided into four projects, which makes it able to achieve its investment goals, Soliman elaborated, adding, “Mountain View’s land bank is one of the largest in the Egyptian real estate market.”
Shoukry, O’Brien agree to enhance Egypt-US cooperation in combating terrorism
Egypt is to approve agreement in final round of GERD talks
Prosecution orders detention of Abdel Moneim Aboul Fotouh for 15 days over terrorism charges
The Islamist politician was removed from terrorist list on Saturday
Japan to help improve Africa’s water resources management
JICA offers new training as a response to TICAD7’s outcomes, says Japanese ambassador
Egypt sends aid shipment to Albania’s quake victims A 6.4-magnitude earthquake hit Albania and killed more than 51 people Egypt sent a shipment of pharmaceuticals to Albania on Wednesday, Egyptian embassy in Tirana announced. Dispatched through the Egyptian Agency of Partnership for Development (EAPD), affiliated to the Foreign Ministry, the shipment was sent to help …
Egypt’s Planning Ministry launches Education is Life Fund’s NFO
El-Said said that the National Charitable Investment Fund for Education has been established with the aim of finding a mechanism to provide sustainable financing for educational projects.
King Salman denounces ‘heinous attack’ by a Saudi aviation student at US naval airbase
Mohammed Al-Shamrani was in the US for military training
MAAT celebrates its 20th anniversary with contemporary dance festival
For two weeks, and under the name “20 Years Maat”, the festival brings all sorts of dance art, including dance performances, special dance classes, live music events, screenings, and talks, to celebrate dance with as much passionate people as possible.
African economic integration requires financial inclusion: minister
Made in Africa workshop discusses the development of transport and communications infrastructure, says Nassar
Al-Sisi says he urged ex-interim president Adly Mansour to run for election
President said extremism and terrorism will never discourage Egyptians from moving towards a better future
Manufacturing of Sony’s Bravia TV commences in Egypt
As part of Sony’s strategic plans to broaden its presence and penetration in Egypt, it unveiled a wide range of televisions and Sony Home Audio Video products during the event.
SDF declares victory over IS in group’s last enclave in Syria
In 2014, IS seized control over more than 8 million people in 88,000 sq km region
Egypt stock market to keep rally alive as foreign investors likely to build new positions
EGX30 gains 0.7% in week to close at 13,367 points; target resistance at 13,775pts
Endowments Ministry to unify Adhan this month
Ministry also allocated EGP 100m for ‘Decent Life’ initiative
Russia, Turkey reach ‘understanding’ over cooperation in Syria
Senior officials of both countries agreed on “fighting terrorism, liberating Syria”
UAE to reopen its embassy in Syria for first time in 7 years
Embassy has been closed since Syrian uprising erupted in 2011
Spacetoon Group brings back Baby Shark to Middle East
After causing a huge phenomenon with millions of children followers worldwide, Spacetoon Group, the Leading Company in the field of edutainment in the MENA, has recently announced its partnership with Pinkfong, the children’s educational brand of SmartStudy, a South Korean educational entertainment company, to bring Baby Shark to the Middle East. Baby Shark is currently …
UAE’s investments in Egypt to increase: ambassador
Companies considering funnelling new money into local market
Shoukry heads to Serbia to discuss bilateral relations
Visit came during completion of over 110 years of diplomatic relations between two countries
Japanese Saraya to establish $10m worth cosmetics, pharmaceutical complex in Ain Sokhna
Egypt will be major manufacturing, marketing hub for his company’s products at regional, continental levels, says Saraya president
Turkey starts oil drilling in Eastern Mediterranean
“If harassment takes place, our naval forces will do what is necessary,” says Turkey
Nation-wide university student union elections to start
Winners should be announced on 11 November