Towards a cash-less Society, Banks need to expand into remote areas

By: Rania Imam By end of 2016 the Central Bank of Egypt (CBE) headed on a mission aiming for promoting a cash-less economy, the Central...

Innovation beats objection, an Egyptian revolutionary company showcase

In 2013, Bloomberg published an article titled “After Years of Unrest, Egypt’s Startup Ecosystem Is Booming” in which the journalists wrote: “Contradicting Egypt’s image as a...

Egyptian merging and acquisition markets are very attractive to Gulf and European investors

Head of Taxes Committee at French Chamber of Commerce,  Karim Imam stated that merging and acquisition markets  in Egypt became very attractive -notably education,...

Oriental Weavers Q1 profits leap 174%

Oriental Weavers’ consolidated net profit for the first quarter of fiscal year 2017 jumped 174% to EGP 257.59 million, versus EGP 94.16 million for...

The Hot Money Story in Egypt

S&P praised and expressed its understanding that the central bank kept out of its announced Capital reserves record most of the hot money ($8 billion until...

UPS CEO says updated NAFTA better for economy than no trade treaty

The top executive of United Parcel Service Inc (UPS.N) said early this week he is optimistic the U.S., Canadian and Mexican governments can successfully...

G20, 2017 examines the global financial system, trade and climate discussions… amidst a world...

By : Amira Elhamy  Hamburg hosted on the 7th and 8th of July  the G20 summit, with the presence of more  than 20 heads...

SODIC profits for Q1 leap 288% inclusion in Egypt

Sixth of October for Development and Investment’s (SODIC) net profits for the first quarter of fiscal year 2017 witnessed a hike of 287.8% to...

Banks online security technologies

As consumers increasingly transact online, banks need to follow a diligent approach to enforcing security measures, especially in the face of emerging threats. Given...

Big investors renew interest in the LNG market

There is a glut in the LNG market at present, but the prevailing view is that demand from nations including China and India should...

Managing Egypt’s debt towards safety in points

1- This is the first decline to occur since 2010. This means that, for the first time Egyptian GDP has grown faster than debt growth. This...

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President El-Sisi launches the New Administrative Capital with Copts and Muslims prayers

President, along with religious, military and int’l dignitaries, witnessed the ceremony to inaugurate Nativity of Christ Cathedral and Al-Fattah Al-Alim Mosque. As a true...

Egyptian explosives expert killed defusing a bomb near church in Cairo

An Egyptian police officer was killed on Saturday while attempting to defuse a improvised bomb found near a church in an eastern...

MEO was awarded the best at Hilton’s Media Event!

Hilton Zamalek organized a recognition Media Event to honor the Egyptian Media and Press for their usual support in promoting Hilton Zamalek...
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