Egypt has increased public spending on health care to around 3% of GDP, according to the state budget for the current fiscal year (FY) 2020/21 which was issued by the Ministry of […]
Egypt’s Healthcare Sector
ما البنوك التي تبيع شهادات ادخار بأعلى عائد في مصر؟
في سبتمبر 2020 توقف البنك الأهلي المصري وبنك مصر عن تقديم شهادات ادخار – شهادات إيداع- بفائدة 15٪ التي تم إطلاقها في منتصف مارس. كانت هذه الشهادات تقدم أعلى معدلات الفائدة في […]
Looking For The Highest Interest Rate In Egypt (CDs)
Back in September 2020, NBE and Banque Misr stopped offering 15% fixed-rate savings certificates launched in mid-March. These high-interest rates were the highest in the market. Given that these high high-yield rates […]
Eastern Tobacco (EAST.CA) Share Overview
1. Business Description Eastern Company S.A.E. (ticker: EAST) sells cigarettes, cigars and moassel products. It also exports its products primarily to Kingdom of Saudi Arabia, the Malawi, Bahrain, Madagascar, Kuwait, Qatar, Lebanon, […]
Why Mbappé has the highest Market Value?
Paris Saint-Germain’s (PSG’s) superstar Kylian Mbappé became the world’s most valuable football player in 2019 topping a valuation of a whopping €200 million. The French Forward is considered by many one of the greatest […]
CIB Egypt (COMI.CA) Share Overview
1. Business Description Commercial International Bank -Egypt S.A.E (ticker: COMI) was founded in 1975. The bank was formerly known as Chase National Bank of Egypt until it changed its name to Commercial […]
EGX 30
The EGX 30 contains the 30 most highly capitalized and liquid stocks traded on the Egyptian Exchange (Cairo and Alexandria Stock Exchange). The following article lists the components of the EGX 30. […]
How the Pandemic will change our World
After each major event in history the trajectory of a nation and the world changes. This is what Daron Acemoglu and James Robinsion, writers of Why Nations Fail, call a critical juncture. […]
The End of the Pandemic?
Hopes that the coronavirus pandemic will come to an end have spiked this week after news that a coronavirus vaccine was developed. The vaccine proved to be more than 90% effective in […]
What Joe Biden’s win means for Egypt and the Middle East
After four days of vote-counting, Joe Biden and running mate Kamala Harris crossed the 270 electoral college vote mark and won the 2020 U.S. elections. According to the Associated Press, Biden has […]
Why banking regulations could not save the financial system during the global financial crisis?
Even today, the world is still suffering from the financial crisis of 2007/2008, which had catastrophic consequences on economic growth, home values, stock prices and jobs. The main reason for this financial […]
Macron’s speech cost France billions
On the 6th of October 2020, a history and geography teacher in a quiet suburb area in France showed a cartoon of the prophet Muhammad. Ten days later, he was beheaded. This […]
Egypt’s Banking Sector: An Overview [2020]
As of October 2020, there are 38 banks which are licensed to operate in Egypt. This number was higher back in 2005 but decreased gradually after a number of consolidations. This article […]
Are Pokemon cards a good investment?
The market for alternative investments has been a really exciting field in recent years as investors are actively searching for high returns outside the “boring old” stock market. Similar to sneakers and domain names, […]
Why did the CBE remove the chairman of the CIB?
Yesterday, the CBE dismissed the chairman and managing director of the Commercial International Bank in Egypt (CIB) Hisham Ezz Al-Arab. The CBE decision came after an investigation which showed “serious violations of […]
