Egypt, China Sign Three Financial Cooperation Deals during Central Bank Governors’ Meeting

Fri 11 Jul 2025 | 06:10 AM The Governor of the Central Bank of Egypt (CBE) Hassan Abdullah welcomed his Chinese counterpart Pan Gongsheng to Cairo this week, where the two central banks agreed to strengthen bilateral cooperation across a range of...

Egypt Holds Interest Rates Steady, Adopts ‘Wait-And-See’ Approach To Assess Impact Of Recent Reforms

Egypt's PM: BRICS Trend Toward Conducting Financial Settlements in Local Currencies

Fri 11 Jul 2025 | 06:39 AM Egypt’s Prime Minister Mostafa Madbouly confirmed on Wednesday that there is a growing consensus within the BRICS bloc to shift financial settlements among member countries toward local currencies, reducing dependency on...

Egypt's central bank keeps key interest rates unchanged

CAIRO: Egypt's central bank kept key interest rates unchanged on Thursday, pausing a trend of rate reductions despite inflation rates easing. The bank’s monetary policy committee held the overnight deposit rate at 24% and the lending rate at 25%,...

Egyptian BNPL platform Valu receives initial regulatory approval for Jordan launch

Cairo-based fintech Valu has received initial regulatory approval from Jordan’s central bank to launch its Buy Now, Pay Later (BNPL) service in the country, marking the company’s first expansion beyond its home market and a signal of its broader...

Nuclear energy: Egypt-Russia protocol to speed up El Dabaa plant

Egypt and Russia have signed a supplementary protocol to their landmark 2015 nuclear cooperation agreement, a move that is set to fast-track the construction and operation of Egypt’s first nuclear power plant at El Dabaa on the Mediterranean...

Latest News | US Economic, Geopolitical Actions Pushing Countries to Seek Dollar Alternatives for Trade: GTRI

New Delhi, Jul 11 (PTI) US President Donald Trump has proposed a 10 per cent tariff on all BRICS nations for conducting trade in non-dollar currencies, overlooking that such moves were prompted by Washington's own economic and geopolitical...

China, Egypt vow to deepen strategic ties, promote mutual be...

AKP Phnom Penh, July 11, 2025 — Chinese Premier Li Qiang wrapped up a two-day official visit to Egypt on Thursday, reaffirming stronger bilateral ties and pledging deeper cooperation between the two countries. During his visit, the Chinese premier...

Mukesh Ambani's next big move, set to play major bet in Egypt as Reliance-backed firm signs pact with..., aims to improve...

The new platform is expected to play a key role in making healthcare more modern and accessible. Telecom Egypt has joined hands with KareXpert, a healthcare technology firm backed by Reliance Jio, to launch a new digital healthcare platform in...

Telecom Egypt Partners with KareXpert to Launch National Digital Healthcare...

Telecom Egypt and Reliance Jio-backed KareXpert have partnered to launch a cloud-based digital healthcare platform in Egypt, integrating HIMS, electronic medical records, and billing systems. The platform is hosted on a secure national cloud,...

Renewed Fire at Ramses Central in Cairo Quickly Contained, Officials Say

Fri 11 Jul 2025 | 03:47 AM A limited fire broke out Friday at the Ramses Central exchange building in downtown Cairo, reigniting concerns just days after a major blaze paralyzed one of Egypt’s primary telecommunications hubs. Authorities confirmed...

Al Baraka Bank (Pakistan) holds webinar in Sialkot

SIALKOT - Al Baraka Bank (Pakistan) Limited held first of its kind webinar in Sialkot, bringing together over 70 sports goods and sportswear exporters from Sialkot and importers from 12 countries across the globe through online video link. This...

World’s top 10 biggest tourism economies in 2024–25: India breaks into top 10 at this rank

World’s Top 10 Biggest Tourism Economies in 2025 List: Amid a strong post-pandemic recovery and despite challenges such as climate pressure and local tourism fatigue, the global travel and tourism sector contributed US$10.9 trillion to the world...

Chinese premier returns to Beijing after official visit to Egypt

BEIJING, July 11 (Xinhua) -- Chinese Premier Li Qiang returned to Beijing on Friday aboard a chartered plane after concluding an official visit to Egypt. Li was seen off from the airport by the Egyptian Minister of Investment and Foreign Trade...

Arewa Economic Forum: BDCs’ Recapitalisation Requirements Pose Threats to Northern Entrepreneurs

•Urges CBN to extend implementation timeline •Alleges sector now dominated by single southern ethnic group •Declares development may worsen insecurity, cut jobs, others James Emejo in Abuja Arewa Economic Forum (AEF), yesterday, alleged that the...

JPMorgan mulls cutting India, China share in Emerging Market Bond Index

JPMorgan’s index is the main benchmark for developing-nation debt funds, and changes to its composition can affect global investment flows. JPMorgan Chase & Co. is considering cutting the weight of the largest bond issuers in its flagship...

China, Egypt vow to deepen strategic ties, promote mutual benefit

CAIRO, July 11 (Xinhua) -- Chinese Premier Li Qiang wrapped up a two-day official visit to Egypt on Thursday, reaffirming stronger bilateral ties and pledging deeper cooperation between the two countries. During his visit, the Chinese premier...

Firefighters rush to reignited blaze at Cairo's major telecoms centre

A fire reflared on Thursday evening at the Ramses Central telecoms building in downtown Cairo, just four days after a blaze there claimed the lives of four workers and injured dozens. Civil defence teams were sent immediately to the scene after...

Binance enters Islamic Finance with new crypto product

Dubai: Binance, the world’s largest cryptocurrency exchange by trading volume, has announced the launch of Sharia Earn, a new blockchain-based earn product designed to comply with the principles of Islamic finance. The move marks Binance’s first...

‘Critical to any community’: Cairo to see major infrastructure upgrades in coming years

CAIRO, Ga. (WCTV) - By October 2027, Cairo residents can look forward to major upgrades in their city’s infrastructure. Cairo City Manager Booker T. Gainor IV said he is grateful and excited to improve the quality of life for his constituents....