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Business - Economy
2/24/2022 5:04:00 PM
Egypt’s banks extended finances worth EGP 253 billion to about 8,800 beneficiaries in the industrial, agricultural and construction sectors by the end of December 2021, according to the Central Bank of Egypt’s (CBE) data published by MENA.

Al-Ahram Weekly - Egypt
2/24/2022 3:05:00 PM
Egypt’s wheat import bill will likely be inflated on the back of the tensions between Russia and Ukraine.

Business - Economy
2/24/2022 2:58:00 PM
Egyptian expats' remittances rose by 6.6 percent ($1.8 billion) from January to November 2021 to post $28.9 billion, compared to the corresponding period in 2020, Central Bank of Egypt (CBE) announced on Thursday.

World - International
2/22/2022 10:50:47 PM
The three Russian oligarchs targeted by fresh British sanctions over Ukraine are billionaires who got rich under Russian President Vladimir Putin, for whom they are key financial conduits as well as personal sporting partners.

Al-Ahram Weekly - Economy
2/22/2022 9:41:04 PM
Egypt’s new Mazut Hydrocracking Complex in Assiut has secured $1.5 billion in loans from local and international banks, writes Sherine Abdel-Razek

Business - Economy
2/21/2022 6:19:41 PM
Egypt’s GDP is expected to grow to post EGP 7.9 billion by the end of the current FY2021/22, up from the EGP 4.8 trillion recorded in FY2017/18 and EGP 4.4 trillion recorded in previous fiscal years, the Ministry of Planning and Economic Development announced on Monday.

World - Region
2/19/2022 11:06:06 AM
The United Arab Emirates and India on Friday signed an agreement aimed at boosting bilateral trade to $100 billion from the current $60 billion over the next five years, an Indian foreign ministry statement said.

Business - Economy
2/16/2022 4:46:07 PM
Egypt secured $20 billion in development finances from international financial institutions and development banks in 2020 and 2021, Minister of International Cooperation Rania Al-Mashat said on Wednesday.

World - International
2/15/2022 4:03:07 PM
Greece's government is seeking parliamentary approval Tuesday for a 3 billion euro ($3.4 billion) agreement for three new French-made frigates that defense officials say are vital for addressing ongoing tensions with neighboring Turkey.

World - International
2/15/2022 12:25:13 PM
The United States is offering up to $1 billion in credit guarantees to help Ukraine weather the threat of war against Russia, US Secretary of State Antony Blinken said Monday.

World - International
2/15/2022 12:22:54 PM
Canada is sending lethal military weaponry to Ukraine and loaning Kyiv Can$500 million to help defend itself in the face of Russian aggression, Prime Minister Justin Trudeau announced Monday.

World - Region
2/13/2022 6:23:26 PM
Afghanistan's former president on Sunday called a White House order to unfreeze $3.5 billion in Afghan assets held in the U.S. for families of 9/11 victims an atrocity against the Afghan people.

World - International
2/13/2022 11:49:41 AM
Soaring energy prices have brought massive profits to oil majors, along with fierce criticism from environmentalists and politicians at a time when consumers are left with rising bills.

World - Region
2/13/2022 10:16:50 AM
Demonstrators in Afghanistan's capital on Saturday condemned President Joe Biden's order freeing up $3.5 billion in Afghan assets held in the US for families of America's 9/11 victims saying the money belongs to Afghans.

World - International
2/11/2022 12:24:44 AM
EU chief Ursula von der Leyen on Thursday unveiled plans to muster investment of more than 150 billion euros for Africa, proclaiming Europe to be the continent's biggest and "most reliable" partner.

World - International
2/9/2022 10:03:54 AM
The WHO Wednesday urged rich countries to pay their fair share of the money needed for its plan to conquer Covid-19 by contributing $16 billion as a matter of urgency.

Business - Tech
2/8/2022 11:44:31 AM
The EU launches a plan Tuesday to raise tens of billions of euros to boost semiconductor production in Europe and end the bloc's digital dependence on Asia.

AFCON 2021 - News
2/7/2022 2:29:07 PM
After years of underachievement, Sadio Mane's Senegal finally lived up to their billing as Africa's outstanding team with victory in the Cup of Nations, even if they did it the hard way in the final against Egypt.

Business - Economy
2/6/2022 4:12:56 PM
Egypt’s net international reserves (NIRs) edged up in January by $45 million to post $40.98 billion, up from $40.93 billion recorded in December, the Central Bank of Egypt (CBE) announced on Sunday.

Arts & Culture - Music
2/6/2022 12:34:21 PM
Lata Mangeshkar, a legendary Indian singer with a prolific, ground-breaking catalog and a voice recognized by a billion people in South Asia, has died. She was 92.

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