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Paris Saint-Germain advances to Champions League final after holding off Bayern Munich
via Egypt Today1 min read
Paris Saint-Germain secured a spot in the Champions League final by achieving a 1-1 draw against Bayern Munich in Germany, resulting in a 6-5 aggregate victory. Midfielder Joao Neves highlighted the team's ability to endure pressure, stating, "We know how to suffer. We're ready for what's coming." Desire Doue described the match as "exceptional" and a "magical night." Club President Nasser Al-Khelaifi emphasized the team's ongoing development and ambition to win the European Cup for a second time, calling the team "the star." PSG Manager Luis Enrique expressed his happiness, noting the team's progression to the final and their desire to give this "gift" to their supporters. PSG is set to face Arsenal in the final in Budapest on May 30.
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This summary was AI-generated from a story originally published by Egypt Today.
Must ReadThe Central Bank of Egypt CBE has issued a directive prohibiting banks from extending credit facilities to finance the capital of new companies or to cover increases in share capital. The circular, approved by the CBE Board of Directors on June 17, 2026, also bans the use of bank financing for cash dividend distributions and employee bonus shares. This measure is intended to strengthen controls over credit use within the banking sector and ensure that credit is directed towards productive economic activities, aligning with sound banking standards. The CBE noted that this decision reinforces earlier instructions from March 2003 and September 2021, which similarly restricted credit for company incorporation capital, capital contributions, and the financing of cash dividends to employees or shareholders. Banks are required to fully comply with these restrictions to ensure lending is focused on operational and investment purposes.
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