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CBE issues licensing regulations for digital banks
July 13, 2023
CBE issues licensing regulations for digital banks
The Central Bank of Egypt (CBE) on Wednesday issued rules for licensing, registering, and supervising digital banks, which represents an…
Egypt announces plan to attract $1.9 bln, eyeing total revenues of $191 bln by 2026 : Prime Minister
July 12, 2023
Egypt announces plan to attract $1.9 bln, eyeing total revenues of $191 bln by 2026 : Prime Minister
The Egyptian government will exit a number of government companies, garnering a total of $1.9 billion, Prime Minister Mostafa Madbouly…
First oil rig manufactured in Egypt now at Egyptian-Chinese Drilling Company
July 12, 2023
First oil rig manufactured in Egypt now at Egyptian-Chinese Drilling Company
Minister of Petroleum Tarek al-Molla witnessed the delivery of the first oil rig manufactured at the Egyptian-Chinese Drilling Company in…
PM announces July 20 and 23 as official holidays in Egypt
July 12, 2023
PM announces July 20 and 23 as official holidays in Egypt
Prime Minister Mostafa Madbouly issued a decision stating that Thursday, July 20, will be an official paid holiday for workers…
Egypt close to completing Giza Pyramids area development
July 12, 2023
Egypt close to completing Giza Pyramids area development
Egypt is close to completing its development project at the Giza pyramids area, the Chairman of the Executive Board of…
Salon Privé Mag highlights Egypt’s touristic potential
July 12, 2023
Salon Privé Mag highlights Egypt’s touristic potential
Titled “Experience Egypt’s Timeless Beauty: Immersive History and Cultural Adventure,” the Salon Privé Mag website published a photo report on…
Why Gamal Mubarak can’t run for president
July 12, 2023
Why Gamal Mubarak can’t run for president
Egyptian parliamentarian Mostafa Bakri said that both Gamal Mubarak, son of late President Hosni Mubarak, and Mohamed Anwar al-Sadat, head…
Alamein Festival targets one million visitors
July 12, 2023
Alamein Festival targets one million visitors
The CEO of POD Egypt Amr al-Feki – a public relations and events management agency and part of the UMS…
Saudi Arabia to launch its first fashion week in October
July 12, 2023
Saudi Arabia to launch its first fashion week in October
The Saudi Fashion Commission announced that the Saudi Fashion Week will be held from October 20 to 23 in the…
US dollar price rises Wednesday in Egyptian banks
July 12, 2023
US dollar price rises Wednesday in Egyptian banks
The US dollar price rose in Egypt at some banks on Wednesday while the exchange rates of Arab currencies stabilized.…