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 (...)
Ahly newly-signed Ivorian striker Souleymane Coulibaly has expressed delight over the move to the Egyptian Red Devils, saying he eyes domestic and continental titles with the team.
"I know Ahly since my early childhood and I always wanted to belong (...)
Egypt's state TV broadcasted on Monday what it described as an exclusive video of murdered Italian student Giulio Regeni, showing a conversation between Regeni and a representative of a vendors' union.
The broadcast comes less than 24 hours after (...)
US President Donald Trump discussed on Monday in a phone conversation with Egypt's President Abdel Fattah El-Sisi the war against terrorism and extremism, and applauded El-Sisi's efforts on those fronts, Egyptian presidential spokesman said.
The (...)
Italian media outlets released Monday afternoon a different version of the 'exclusive' video Egypt's state TV aired on Monday morning showing murdered Italian student Giulio Regeni in a conversation with a representative of a street vendors' union (...)
Mokhtar starred in dozens of popular films, plays and TV dramas over the course of more than half a century.
She was born in Assiut, Upper Egypt on 16 January 1934.
Mokhtar started her career in entertainment in the 1950s on the popular Egyptian (...)
The Confederation of African Football (CAF) has denied reports that its president Issa Hayatou has been referred to the Egyptian prosecution for violating the law in selling the exclusive rights to broadcast African football competitions to a French (...)
Egypt is to transfer the victims' remains from the EgyptAir MS804 crash to relatives next week, state news agency MENA reported on Thursday, citing an EgyptAir hospitality official.
The Airbus A320 plunged into the Mediterranean Sea on May 19 while (...)
The Egyptian-Chinese Economic Cooperation Forum kicked off Thursday in Cairo to discuss investment oppurtunities in Egypt, Ahram Arabic news website reported.
The Chinese delegation is headed by Wu Baocai, vice-president of the China Economic (...)
Egypt's population will reach 92 million on Thursday, rising by one million over the last six months and making the total number of Egyptians worldwide 100 million, the Central Agency for Public Mobilisation and Statistics (CAPMAS) announced in a (...)
As a staple in Egyptian cuisine and an integral part of the region's delicacies, dates are celebrated in Egypt at various events, one of which is the annual Mahragan El Nakheel (Date Festival), set to be held on 22 October.
The organisers of the (...)
Egypt's President Abdel-Fattah El-Sisi ratified on Wednesday the country's new law regulating the building of churches after it was approved by the House of Representatives in August, Al-Ahram Arabic news website reported.
The Egyptian president (...)
Mohamed Diab's Clash has been selected to represent Egypt at the 2017 Academy Awards in the Best Foreign Language Film category, according to a Thursday press release by MAD solutions, a local film marketing and PR company.
MAD Solutions quoted (...)
Egyptian football club Ittihad of Alexandria terminated the contract of the team's new striker Samuel Nlend after they said medical tests revealed that the Cameroonian is a carrier of HIV.
Ittihad had signed a three-year contract with the former (...)
An Egyptian military court sentenced on Thursday more than four hundred supporters of the banned Muslim Brotherhood group to jail terms of up to 25 years.
Some 418 people were sentenced over convictions of committing various violent crimes in the (...)
One of the biggest state-owned banks in Egypt, the National Bank of Egypt (NBE) plans to inaugurate 25 new branches within the second half of 2015, chairman Hisham Okasha announced.
On the sideline of signing a protocol on cooperation with the (...)
Clashes between demonstrators and locals took place on Saturday afternoon at a demonstration held in central Cairo to demand the release of lawyer Mahienour El-Masry, who was sentenced along with eight other activists to two years in prison and a (...)
Ahram Online (AO): The government seems to have made some concessions regarding scrapping mall building plans [in Gezi Park in Istanbul]. Erdogan said that he was open to "democratic demands." Has any sort of dialogue been put into place so far? (...)
Less than 24 hours after millions watched CSF officers beating and dragging him naked in anti-Morsi protest, the victim, in police custody without lawyers, says 'he gave scared officers a hard time'
Hamada Saber, the man who was dragged and beaten (...)
On a relatively uneventful day, Egyptians in seventeen governorates voted in the second phase of the referendum on the new constitution.
In a throwback to the first phase in the poll last Saturday the opposition has complained of violations that (...)
After three weeks of political turmoil which saw nation-wide rallies against President Morsi and fatal clashes between rival protest groups, 10 governorates vote on controversial charter in referendum's first round
As the first stage of Egypt's (...)
Clashes between supporters of President Mohamed Morsi and his opponents which started on Wednesday night have left five dead and 450 injured, according to the health ministry.
Hospitals in the Heliopolis area continued to receive casualties of (...)