‘West Risks Losing Egyptian people’, FM Fahmy Tells BBC
Foreign Minister Nabil Fahmy has told the BBC that the “West risks losing the Egyptian people” over its reaction to…
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Daylight Saving to be Applied in Egypt Starting Friday
Daylight saving time will be re-applied in Egypt starting Friday at 12am, according to an earlier statement by…
15% Growth in TMG Holding Profits in 1Q2014
TMG Holding (TMGH) announced that the company's 1Q2014 net profits increased 15% to LE 160.8 m. Noting that, the…
NBK-Egypt Attains EGP97mln Profits in 3 Months
National Bank of Kuwait-Egypt (NBK) (Al Watany bank of Egypt) previously attainted 12% (EGP97million) net…
Saudi, Egypt May Tender Power Link in Early 2015
Saudi Arabia and Egypt may tender their long-awaited power link project in early 2015 and it would take nearly…
AOI, 3 Mobile Operators to Launch Smart Phones in Egypt
Electronic factory which affiliated to Arab Organization for Industrialization (AOI) is aiming producing smart…
EGB: Retail Banking Loan Portfolio Hits EGP580mn at April-End
The loan portfolio of Egyptian Gulf Bank(EGB)'s retail banking registered around EGP580million at the end of April…
NBE’s NPL Portfolio to Close at EGP5.7 bln by 2014-end
Head of non-performing loans at National Bank of Egypt(NBE), Yehia Abu El Fotouh asserted that the debt portfolio…
Telecom Egypt’s Liquidity Reaches EGP6.5bln
The size of Telecom Egypt's (TE)(ETAL-CA) liquidity reached EGP6.5billion, Mohamed Al Nawawi, the CEO revealed. On…
Arab Insurance GIG Attains EGP278mln Underwriten Premiums in FY13/14
Arab Misr Insurance Group (GIG) succeeded in attaining EGP278million as a total value of underwritten premiums…