Fitch: Tourism resumption boosts Egypt’s growth rate to 5.5%in FY22-23
Fitch Ratings has affirmed Egypt’s long-term foreign-currency Issuer Default Rating (IDR) at ‘B+’ with a ...
economy
NBE first bank to join EBRD’s new $ 140m programs for backing youth entrepreneurs
The National Bank of Egypt (NBE) is the first bank to join a $ 120 ...
Mohieldin: Dlrs 4.2 trillion financing gap of global economic growth over pandemic
Executive Director of the International Monetary Fund (IMF) Mahmoud Mohieldin said the financial gap in ...
IFC official: Green economy is part of Egypt’s economic growth
International Finance Corporation (IFC) Country Manager in Egypt, Yemen and Libya Walid Labadi said the ...
IMF expects Egyptian economy to rebound next year
The International Monetary Fund (IMF) expected Egyptian economy to rebound next year as the rollout ...
JICA, SMBC, Banque Misr sign $100 m loan deal to back MSMEs in Egypt
The Japan International Cooperation Agency (JICA), Banque Misr and Sumitomo Mitsui Banking Corporation (SMBC) have ...
Visa study: SMEs in Egypt upbeat about recovery, e-commerce to boost
Three out of four small and medium enterprises(SMEs) in Egypt say they feel optimistic about ...
Bloomberg selects Egypt, UAE “Regional Champions” for rising economies
The Bloomberg New Economy Forum selected Egypt and the United Arab Emirates (UAE) as regional ...
SDG Trade Monitor to track global trade contribution to SDGs
The SDG Trade Monitor portal offers a one-stop shop for users to obtain updated and ...
Fitch affirms Egypt’s credit rating at B+ with stable outlook
Fitch Ratings – a leading provider of credit ratings, commentary and research for global capital markets ...
CIB advances 179 spots in The Banker’s Top 1000 World Bank ranking
The Commercial International Bank (CIB) advanced 179 spots in The Banker’s Top 1000 World Bank ...
Suez Canal Bank profits exceed EGP 0.5 bn for 1st time
Board Chairman of the Suez Canal Bank Hussein Refaei said the bank’s profits have for ...
WB: Economic growth in S.Asia to rise to 5.5% in 2020
The World Bank’s 2020 Global Economic Prospects report expected economic growth rate in South Asia to rise to ...
World Bank: Middle East, North Africa growth up 2.4% in 2020
The World Bank expected growth rate in the Middle East and North Africa region to ...
World Bank-Alibaba report expects e-commerce can flourish in developing countries to create jobs
E-commerce can flourish in developing countries and in rural areas and be a powerful instrument ...
EBRD to invest EGP 11 bn in Egypt to support sustainable cities establishment
The European Bank for Reconstruction and Development (EBRD) is supporting the development of modern urban ...
Aramco signs MoUs with int’l firms to promote SDGs, AI
Saudi Aramco signed seven memorandums of understanding (MoUs) with international companies to promote sustainability, green ...
Egypt advances six spots in Doing Business report..Saudi Arabia, Bahrain, Kuwait, Jordan among top business improvers
Egypt has advanced six spots in the latest edition of the World Bank’s Doing Business ...
Bahrain one of top 10 global business climate improvers – World Bank report
Bahrain managed to become one of the top 10 global business climate improvers thanks to ...
Sheffield Innovation program gets £1.8m additional funding
A successful Sheffield Innovation Program set up to support businesses across the region to innovate ...
Ethereum Foundation first contributor to UNICEF Cryptocurrency Fund
The first contributions to the UNICEF Cryptocurrency Fund will be received from the Ethereum Foundation ...