C.Bank Offers its last FX Auction of this week with US$40mln
The Central Bank of Egypt (CBE) has offered today its last foreign exchange auction of this week totaled US$ 40…
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GIG Insurance Captures Policyholder Sewage Plant with EGP2 bln in Qalyubiyah
Alaa el-Zoheiry, managing director of Arab Misr Insurance Group – GIG Egypt, said his company succeeded to capture…
Egypt C. Bank Offers its 128th FX Auction for Local Banks $40 mln
The Central Bank of Egypt (CBE) has offered today its last foreign exchange auction of this week totaled US$ 40…
CBE: Total Assets Hit EGP572 bln at Sept-end
The total assets of the Central Bank of Egypt (CBE) reached around EGP527 billion at the end of last September…
IDWBE Eyes to Pump EGP273 mln in 3 Egyptian Firms
Industrial Development & Workers Bank of Egypt (IDWBE) is planning to pump EGP273 million for the Noran…
Cairo Contact Maadi Park Calls on UAE Developers to Launch New Buildings
Cairo Contact Center Park in Maadi has called on many real estate developers who are operating in UAE market in…
Apple Can Seek to Block Samsung Smartphones, Court Says
Apple Inc. (AAPL) can pursue a ban on sales of some Samsung Electronics Co. products found to infringe its patents…
CBE Requests EGP40 bln from Banks in 16th Auction of Deposit Operations
The Central Bank of Egypt (CBE) has demanded around EGP40 billion domestic surplus liquidity from the banks which…
Egypt Life, Misr Insurance Companies Investments Are EGP30 bln
Saeed Gabr, managing director of Misr Life Insurance Company said the size of government insurance companies’…
ABA, 3 Banks in Talks over Credit Facilities worth EGP290 mln
The Alexandria Business Association (ABA) is negotiating with the National Bank of Egypt (NBE) , Bank of…