Egyptian Saudi Insurance House Hit EGP188 mln Premiums in FY12/13
Abdel Raouf Kotb, Vice Chairman and Managing Director of the Egyptian Saudi Insurance House said his company…
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Smart Village Eyes to Launch New Subsidiary in Damietta Within 2014
Smart Villages Development and Management Company is intending to launch ‘Smart Village’ in New Damietta during the…
National Bank of Egypt to Adopt Its Business Results, Not Distributing All Profits
The National Bank of Egypt (NBE) is planning to hold its general assembly by the next month in order to adopt its…
NBE Pumps EGP2.1 bln to Finance SMEs Within 5 Months
Mrs. Soha Suleiman, Head of Small and Medium Enterprises Group (SMEs) at the National Bank of Egypt (NBE) said her…
SoftBank’s Son Said to Approach Banks to Fund T-Mobile Deal
SoftBank Corp. (9984) Chief Executive Officer Masayoshi Son is exploring a deal for Sprint Corp. (S) to buy the…
TE Provides E-Tie Up Services to CIB with Fiber-Optic Tech worth EGP55 mln
Telecom Egypt (TE)(ETAL-CA) entered new agreement with the Commercial International Bank(CIB) valued at EGP55…
Oracle Sales Tops Estimates as Cloud Demand Increases
Oracle Corp. (ORCL) reported fiscal second-quarter sales and profit that topped analysts’ estimates as customers…
Minya Road Accident Kills 14, Injures Two
Fourteen people were killed and two were injured early on Thursday when a minibus and truck crashed into each…
Egypt Police Storm Economic and Social Rights NGO’s Office
Egyptian authorities stormed the headquarters of the Egyptian Centre for Economic and Social Rights in Central…
Japanese Firms Begin to Promote Tourist Trips to Egypt- Minister
A spokesman for the Egyptian Foreign Ministry, Badr Abdel Atti, asserted that the Japanese firms started intensive…