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The Monetary Policy Committee (MPC) of the Central Bank of Egypt (CBE) decided Thursday, August 13, to keep interest rates unchanged for the fourth meeting in row. The overnight deposit rate, overnight lending rate, and the rate of the main operation...اقرأ المزيد
Egypt’s President Abdel Fattah El Sisi congratulated Abu Dhabi Crown Prince Sheikh Mohamed bin Zayed Al Nahyan on signing the historical agreement of normalization with Israel. He added in a Thursday phone call that this step will push forward peace...اقرأ المزيد
Egyptian Ambassador to Russia Ihab Nasr said that Egypt alone represents 40% of the volume of trade between Russia and the whole of Africa. In an interview on Wednesday with Sputnik, Nasr said that Egypt is a main partner to Russia in Africa and the Middle...اقرأ المزيد
The Egyptian Exchange (EGX) ended Tuesday in green, losing LE 224.17 million of market capitalization, amid Egyptian purchases. The benchmark EGX30 inched up 0.03 percent, or 2.86 points, to close at 10,922.33 points. The equally weighted index EGX 50...اقرأ المزيد
Egypt’s Prime Minster Moustafa Madbouly Thanked all parties participated in organizing 2020’s senate elections, during a Cabinet video-conference meeting, Wednesday. He added that a very accurate plan was set and implemented very carefully to prevent...اقرأ المزيد
Judge Abdullah Omar was sworn in as new head of Egypt’s Court of Cassation on Wednesday, in the presence of President Abdel Fattah El Sisi, the Presidency said in a statement. Also, a first-class Order of the Republic was bestowed on former head of...اقرأ المزيد
Chief of Egypt’s Intelligence Service Abbas Kamel on Wednesday headed to South Sudan, where he met with President Salva Kiir Mayardit and a number of officials. He also discussed with leaders of the Sudanese Revolutionary Front (SRF) preparations concerning...اقرأ المزيد
Counselor Lashin Ibrahim, head of the National Elections Authority and deputy president of the Court of Cassation, has said that work inside all polling stations is going smoothly, on the first day of the 2020 Senate election. Some 163 international institutions...اقرأ المزيد
Pope Twadros II of Alexandria and Patriarch of St. Mark Diocese on Tuesday cast his ballot in the Senate elections. The pope showed up wearing the face mask as a precautionary measure against the coronavirus. Many citizens gathered to salute him at the...اقرأ المزيد
The Egyptian banking system has remained stable in light of the global fluctuations caused by the emerging corona virus pandemic, according to the International Monetary Fund (IMF). IMF added in a report that the most recent data indicate that the system...اقرأ المزيد
