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Arts & Culture
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Screens
9/20/2024 2:05:30 PM
Gamil Ratib passed away on 19 September 2018, leaving behind a rich legacy that spans over 80 film credits, numerous stage performances, and television appearances.
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Business
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Economy
9/10/2024 2:58:08 PM
The National Bank of Egypt (NBE) and Banque Misr announced Monday that they raised foreign currency spending limits on credit cards for transactions outside Egypt to $5,000 (EGP 300,000).
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Al-Ahram Weekly
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Economy
8/24/2024 5:16:00 PM
Egypt’s Financial Regulatory Authority (FRA) last week launched the country’s first voluntary regulated carbon market (VCM) where carbon certificates or credits can be traded.
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Egypt
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Urban & Transport
8/22/2024 3:43:24 PM
President Abdel-Fattah El-Sisi approved a 200 million euros credit facility agreement with Spain for importing seven new Talgo overnight trains, reported Egyptian news agency MENA on Tuesday.
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Business
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Economy
8/22/2024 2:58:59 PM
The Central Bank of Egypt (CBE) denied in a statement the circulating news about setting new limits on the daily and monthly foreign exchange (FX) withdrawals starting in September.
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War on Gaza
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War on Gaza
8/13/2024 10:05:00 AM
US credit rating agency Fitch downgraded Israel a notch on Monday, warning that its ongoing conflict against Hamas in Gaza could last "well into 2025" and weigh on economic activity.
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Business
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Markets & Companies
8/6/2024 2:59:31 PM
The Egyptian Credit Bureau (Iscore) has introduced its new “Market Analytical Data” platform, designed to help banks evaluate, monitor, and analyze the performance of their loan portfolios in comparison to the banking sector and competitors over 12 months, according to the company's announcement.
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Sports
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World
7/16/2024 3:45:58 PM
New Bayern Munich defender Hiroki Ito on Tuesday credited his "typical Japanese mentality" as he begins the "hard work" of helping the German giants get back on track after a disappointing season.
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World
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Africa
7/9/2024 12:30:40 PM
Moody's has downgraded Kenya's debt rating further into junk territory and warned the outlook was negative after a wave of protests led the government to abandon proposed tax hikes.
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Business
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Economy
6/26/2024 4:50:25 PM
International credit rating agency Fitch downgraded the Maldives Wednesday and warned that South Asia's tourist paradise could be headed for a sovereign default on its foreign loans.
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Business
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Economy
6/25/2024 1:51:00 PM
Some state-owned and private banks in Egypt raised on Tuesday the limits of credit cards when being used abroad, improving the availability of hard currency liquidity in the banks.
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Business
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Economy
5/19/2024 10:43:56 PM
Fitch Ratings has revised its outlook on four Egyptian banks to positive from stable, affirming their long-term issuer default ratings at B-, the US-based credit rating agency announced on Saturday.
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Business
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Economy
5/4/2024 6:47:00 PM
Fitch Ratings upgraded its outlook for Egypt's Long-Term Foreign-Currency Issuer (LFTC) to positive from stable while affirming its issuer default rating at B-, the credit rating agency announced in its report on Egypt on Friday.
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Business
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Markets & Companies
4/30/2024 12:32:44 PM
Beltone Investment Holding (BIH), a subsidiary of the financial solutions provider in the Middle East and North Africa Beltone Holding, announced on Tuesday launching a $100 million (EGP 5 billion) private credit platform to address the unique financial needs of Egyptian export champions.
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Al-Ahram Weekly
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Egypt
3/28/2024 11:24:00 PM
Moves to increase the ceiling on foreign currency transactions on Egyptian credit cards have been hailed by individuals and startups.
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Sports
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Talents Abroad
3/19/2024 10:46:19 PM
Eintracht Frankfurt and Egypt winger Omar Marmoush heaped praise on his Egyptian teammate Mohamed Salah on Tuesday, crediting the Liverpool star with his development on and off the pitch.
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Business
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Economy
3/18/2024 10:36:03 PM
Across the United States, many people are eagerly anticipating the Federal Reserve's first cut to its benchmark interest rate this year: Prospective home buyers hope for lower mortgage rates. Wall Street traders envision higher stock prices. Consumers are looking for a break on credit card debt at record-high interest rates.
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Sports
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World
3/11/2024 8:10:29 PM
Arsenal manager Mikel Arteta said a thrilling contest between Liverpool and Manchester City lends even more credit to the fact his side sit top of the Premier League with 10 games to go.
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Business
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Economy
3/8/2024 2:16:58 PM
Credit-rating company Moody's Ratings (Moody's) has revised the outlook on Egypt to positive from negative amid game-changing economic measures, including the flotation of the Egyptian local currency and an increase in interest rates.
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Business
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Economy
3/6/2024 1:02:19 PM
The Central Bank of Egypt (CBE) has instructed local banks to lift the spending limit on foreign currency credit cards. The decision is part of a broader economic reform programme implemented by the CBE and the government, with the backing of international partners.
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