Tel Aviv – Ma’an – The Bank of Israel kept interest rates unchanged on Monday for the fourth consecutive meeting, maintaining its cautious policy due to the nine-month war that Israel has been waging on the Gaza Strip, as well as stable inflation.

Th…

Ramallah – Ma’an – The Palestine Islamic Bank and Al-Zaytouna Islamic Finance Company signed a settlement bank agreement, according to which the bank will settle Al-Zaytouna Company’s accounts in the national bill display and payment system E-SADAD.

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Minister of Petroleum and Mineral Resources Karim Badawi, stressed that Egypt has a sincere desire to create an attractive investment climate in all fields and to benefit from expertise in achieving sustainable development goals, and in cooperation wi…

Deputy Prime Minister and Minister of Transport and Industry Kamel El Wazir has said his ministry seeks to deepen the local industry and attract more investments, especially to the automotive industry.

During a meeting with a number officials to disc…

During May 2024, remittances sent by Egyptians working overseas experienced a substantial annual increase of 73.8 percent, totaling approximately $2.7 billion.

In comparison, the remittances in May 2023 amounted to around $1.6 billion, as reported by…

Minister of Housing, Utilities and New Urban Communities Sherif el Sherbini said on Sunday 7/7/2024 that President Abdel Fattah El Sisi issued directives to increase construction progress rates in projects in the new Alamein City due to the importance…

The Central Bank of Egypt (CBE) revealed on Sunday 7/7/2024 that Egypt’s net international reserves (NIRs) rose to around $46.383 billion at the end of June, an increase of $258 million compared to May’s $46.126 billion.

According to its latest repor…