Egypt’s two largest state-owned banks, the National Bank of Egypt (NBE) and Banque Misr, have announced new reductions in interest rates on savings products in both Egyptian pounds and US dollars, ...

Egyptian President Abdel-Fattah El-Sisi is departing for Qatar on Monday to attend an emergency Arab-Islamic summit in Doha, convened to respond to Israel’s strike on the Gulf state and its ongoing ...

Hamas is an Islamist militant movement that has controlled the Gaza Strip for nearly two decades. It violently rejects the existence of Israel, which it claims is occupying Palestine. In October 2023, ...

Finance Ministry says demand topped $9 billion for the Sharia-compliant debt. • The sukuk was split into $700m due 2029 at 6.375% and $800m due 2032 at 7.95%. • Cairo seeks cheaper funding, broader ...