Liquidity in Egyptian banking sector rises to EGP 9.12trn in February 2024: CBE – Dailynewsegypt
Non-governmental bank deposits in local currency increase to EGP 6.447trn
Exchange companies collect nearly EGP 9bn in foreign currencies in 26 days – Dailynewsegypt
Exchange companies associated with the National Bank of Egypt, Banque Misr, and Banque du Caire have amassed Arab and foreign currency proceeds totalling EGP 8.940bn. This collection occurred from the time the Central Bank of Egypt (CBE) liberalized the exchange
Speed up battery inspection with AI-powered algorithms (Webinar) – Charged EVs
Discover how to leverage artificial intelligence (AI) to inspect batteries with 3D X-ray microscopy (XRM) as well as 2D techniques like electron and light microscopy. Understand how deep-learning based
Gold prices fluctuate in Egypt during Q1 2024 – Dailynewsegypt
The first quarter of 2024 saw unprecedented fluctuations in Egypt’s gold prices, set against a backdrop of significant economic shifts and currency exchange rate volatility. Despite predictions to the contrary, gold prices soared to record highs before experiencing a notable
Opinion| Tokenized Sukuk: Islamic bonds made accessible and liquid – Dailynewsegypt
Sukuk, often referred to as Islamic bonds, allow Muslims from around the world to invest in a Shariah-compliant way. In recent years, this investment instrument has facilitated significant economic development projects – and today, it opens even wider avenues as
GM’s U.S. EV Sales Decreased 21% In Q1 2024 As Bolt EVs Fade
General Motors reported 594,233 vehicle deliveries during Q1 2024 in the United States, which is 1.5% less than a year ago. The automaker also was not able to increase its all-electric vehicle sales, because the decline of the retired Chevrolet
Opinion| The Israeli Dilemma – Dailynewsegypt
After over five months of conflict, the UN Security Council has passed a resolution calling for an “immediate ceasefire” in Gaza. In a notable shift, the United States abstained from the vote, a departure from its previous vetoes of similar
Egyptian PM, Petroleum Minister discuss investments, Eid fuel supplies – Dailynewsegypt
Egyptian Prime Minister Mostafa Madbouly met with Tarek El-Molla, Minister of Petroleum and Mineral Resources, today to discuss securing fuel supplies ahead of the Eid al-Fitr holiday and long-term investment plans in the oil and gas sector. El-Molla outlined Egypt’s
MSMEDA injects over EGP 50bn in less than 10 years – Dailynewsegypt
Allocations: 47% to Upper Egypt, 36% to Delta, 12% to urban regions, 5% to border areas
International condemnation of Israel’s attack on World Central Kitchen workers – Dailynewsegypt
The American relief organization World Central Kitchen announced on Tuesday that seven of its employees were killed in an Israeli strike on the Gaza Strip. The Washington-based non-governmental organization said in a statement: “Seven members of our team were killed