Arab Contractors to Deliver ‘Fitch Town’ of $150 mln 2013-End
The Arab Contractors Co is planning to finalize its Fitch-Town residential project and to deliver it by the end of…
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NBE Names Tarek Amer Managing Director of Its Affiliate in UK
The Board of Directors of the National Bank of Egypt (NBE) has decided to appoint Tarek Amer as a…
No Dispute over TE’s Exit from Vodafone Egypt: Minister
Eng. Atef Helmy, the Egyptian Telecom Minister denied any dispute between the Ministry and Telecom Egypt…
2 Ministries Mull Launch of EGP5 bln Tech-Zone in Borg al-Arab
Eng. Atef Helmy, Egyptian Telecom Minister revealed that the Ministry will meet officials in the New Urban…
AAIB Attains EGP28 bln Total Loans, 1.4% NPL
The portfolio of non-performing loans of the Arab African International Bank (AAIB), captured 1.4% from the total…
IDWBE Grants EGP25 mln to Fund Micro-Projects in Assiut
Industrial Development & Workers Bank of Egypt (IDWBE) granted Assiut Business Association (ASBA) EGP25million…
Rostelecom CEO Says Tele2 Russia Deal Will Create Value
OAO Rostelecom (RTKM) Chief Executive Officer Sergey Kalugin made his case for the planned combination of the…
EGPC Stresses its Negotiation with 4 Banks to Pay Foreign Firms Dues
Amr Mostafa, Vice Chairman of the Egyptian General Petroleum Corporation (EGPC), has asserted that the…
Four Egyptian Banks Competing to Arrange $1bln Loan for EGPC
The four banks which are operating in the banking sector including the National Bank of Egypt (NBE), Banque Misr,…
NBE, United Bank Grant Credit Facilities for 8 ICT Enterprises with EGP20mln
The National Bank of Egypt (NBE) and the United Bank approved to grant credit facilities with EGP20 million by the…