Abu Dhabi Islamic Bank Egypt (ADIB Egypt), part of the UAE's largest sharia-compliant lender, posted a 44 percent rise in annual net profit, its chief executive announced on Monday.
The bank made a net profit of 1.228 billion Egyptian pounds ($78.7 (...)
Central Bank of Egypt's (CBE) seeks to renew its initiative to support small- and medium-sized enterprises (SMEs) for another four years, according to governor Tarek Amer.
Speaking to DMC, Amer added that CBE is currently studying the SMEs porfolio (...)
Banque Misr, Egypt's second largest bank, will expand its banking presence in 15 new markets across Africa, its chairman Mohamed Eletreby told Amwal Al Ghad on Tuesday.
"We have obtained the Central Bank of Egypt's approval to open a BM branch in (...)
Egypt's infrastructure contractor Kharafi National has submitted an offer to build a $25 million power plant in Ghana, said a senior official in the company on Tuesday.
"The company is responsible for executing the engineering works and running the (...)
The Euro Med Feminist Initiative (EFI) launched Thursday a regional campaign on zero tolerance for violence against women and girls in a conference held in Jordan's capital Amman.
The conference "strives to highlight, sustain and enhance all (...)
The investment bank of EFG Hermes has diversified the services it offers over the past period through concentrating on financial market and offerings, in addition to adding operations of debt market, as well as geographic expansion in emerging (...)
Construction of the Egyptian new administrative capital city's first power plant is progressing with construction works now 70 percent complete, according to an official in the Ministry of Electricity.
The anticipated power plant costs more than $3 (...)
Ibrahim ibn Adham ibn Mansour ibn Gaber Al-Agli, born in Balakh, Afghanistan and known as Al-Tamimi, was one of the pillars among the ulama (scholars) of Sunni Sufism in the second century of the Islamic calendar.
As quoted in the book ‘Ibrahim ibn (...)
Advanced Energy Systems (ADES) plans to issue a part of its shares in the London Stock Exchange during the second quarter of 2017.
The company is discussing the possibility to offer its shares locally or to cancel its registration in the Egyptian (...)
Orascom Telecom and Media Holding Company (OTMT) obtained a tentative agreement with the Indian company Bharti Airtel, a subsidiary of the Middle East and North African company i2i, to sell one of Orascom's subsidiaries, MENA Submarine Cable Systems (...)
When I read the reply of Egypt's Prime Minister Sherif Ismail to the parliament's inquiries concerning the government's performance regarding the problems which the country is suffering from, particularly the rise in prices and the crisis of (...)
In Islamic history, the door of ijtihad (independent reasoning about religious matters at an individual level) has always been open.
Reasoning and seeking spiritual knowledge is applauded in Islamic belief in general, and to open the door of ijtihad (...)
Egyptian Minister of Communications Yasser El-Kady expressed his enthusiasm for e-government approach asserting that every country should adopt it as an anti-corruption strategy.
El-Kady said that direct contact between recipient and provider of a (...)
Egyptian government hopes to start selling shares in 8 state-run oil firms on the local stock exchange within the coming few months, Oil Minister Tarek el-Molla said Monday.
Egypt's Ministry of Petroleum is in ongoing talks with Ministry of (...)
Egypt and Saudi Arabia will complete a project aimed at linking their electricity grids within 2017, Egyptian Minister of Electricity Mohamed Shaker said Monday.
In 2013, Saudi Arabia and Egypt signed a 6 billion-riyal (£1.05 billion) agreement to (...)
The Egyptian civil aviation ministry have a three-phase plan to renew and replace security devices and equipment in all Egyptian airports.
Minister Sharif Fathy stated Monday that the security devices of plan's first phase are estimated at US$42 (...)
What you seek is seeking you,
O brother, you are a mere thought and what is left of you is some skin and bones.
This is how the Sufi poet and scholar Jalal El-Din El-Rumi perceived the world.
Born Mohamed ben Mohamed Ben Hussien Bahaa El-Din (...)
During this time of the year, millions of Muslims flock to Saudi Arabia to fulfill the annual hajj rituals.
On the eve of the first day of Eid Al-Adha and the start of Hajj, the key ritual for pilgrims is to step on Mount Arafa, which is east of (...)
Rabaa is of the most famous Sufi women in Islamic history, whose rough road to spirituality remains vivid evidence that the journey of faith is as colourful and rich as life, and as magical as a fairytale.
A man asked Rabaa: I have so many sins, do (...)
Al-Ezz Ibn Abdel-Salam will always be remembered as the man who differentiated between religion and the state, an act that we are still debating centuries later.
His full name is Mohamed Ezz Al-Din Abdel Aziz Ibn Abdel-Salam Ibn Abi Qassem Ben (...)
Egyptian petroleum ministry is set to start new negotiations with Saudi Arabia at the middle of March 2016 over getting additional oil cargoes during the second quarter of 2016.
An official in the ministry told Amwal Al Ghad Wednesday that it is not (...)
With the objective of developing a sustainable financing system for natural protected areas in Egypt, the environmental ministry, in cooperation with the United Nations Development Programme (UNDP), has organised a consultative workshop to discuss (...)
Green revolution cannot materialise in Africa without major concerted efforts to secure financing for agricultural production, reveals the African Green Revolution Forum recently held in Mozambique
The African Green Revolution Forum (AGRF), which (...)
A regional conference aiming to address social and women's issues in conflict-ridden areas kick started Tuesday in Jordan's capital Amman.
The conference is sponsored by the Arab League, the European Union, the United Nations Development Programme, (...)
The Arab Spring has inspired women in the Middle East to obtain greater rights, according to participants in a regional training in Morocco aimed at furthering women's rights and gender equality.
Latifa Jbabdi, a Moroccan activist for human rights (...)