Libya’s economy to shrink by 5.1% in 2013, says IMF
Libya’s economy is expected to shrink by 5.1 percent in 2013 due to a wave of strikes blocking oil exports, the…
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Vodafone Egypt Says Revenues are EGP6.6 bln, Profits Reach EGP2.8 bln
The business results of Vodafone Egypt for the first half of the fiscal year extending from April to September 2013…
NBE studies Pumping EGP1bln, EGP200mln for Food and Petroleum Sectors
The National Bank of Egypt (NBE) is considering pumping funds with total value EGP1billion and EGP200million OF…
CIB Egypt Mulls Granting EGP1 bln Funding to Real Estate Clients
The Commercial International bank(CIB) is considering pumping new funds with EGP1billion within the next period to…
Banque Du Caire Hits EGP750 mln Securities Portfolio
The total securities portfolio of Banque Du Cairo hit around EGP750 million at the end September, against EGP1.5…
EGP66 bln Targeted Revenues for Telecom Sector: Minister
Egyptian Information and Communication Technology (ICT) Minister, Eng. Atef Helmy said it is expected for the…
CBE Requires EGP32 bln Deposit Operations from Banks Today
The Central Bank of Egypt (CBE) has demanded from the banks operating in the banking sector on Tuesday EGP 32…
Political Impact of June30 Uprising ‘Golden Opportunity for Real Estate Sector’
June30 Uprising Revived Egypt’s ties with the Arab Nation, notably the Gulf. The Political Support given by Saudi…
T-Mobile to Sell $1.8 Billion Stock to Fund Airwave Purchase
T-Mobile US Inc. (TMUS), the country’s fourth-largest mobile-phone carrier, plans to sell shares valued at almost…
Egypt is More Stable than Previous Year, Thanks to Gulfs’ Aids :El Khazendar
Hisham El- Khazendar, Co-Founder and CEO of Citadel Capital, asserted that Citadel is seeking to pump long-term…