Egyptian Takaful Property Receives EFSA’s Approval to Practice Bank Insurance Activity
Mr. Ahmed Morsy, Deputy Managing Director of the Egyptian Takaful Insurance Company (Property), has revealed that…
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CBE Offers 2nd FX Auction of this Week with $40mln
The Central Bank of Egypt (CBE) has offered today its second foreign exchange auction for this week totaled US$ 40…
Samsung Will Increase Acquisitions in Pursuit of New Growth
Samsung Electronics Co. will pursue more international acquisitions as Asia’s biggest technology company by revenue…
Etisalat to Buy Vivendi’s Maroc Stake for $5.7 Billion
Emirates Telecommunications Corp. (ETISALAT), the United Arab Emirates’ most valuable company, agreed to acquire…
CBE Resumes Deposit Operations Auctions Wednesday
The Central Bank of Egypt (CBE) has resumed the tenders of deposit operations of Wednesday due to an official…
Ahli United Bank Approves New Letter of Credit worth $115 mln
Ahli United Bank (AUB) has agreed to open new letter of Credit worth $115million for one of the most companies…
Telecom Egypt to Finalize New Cable Linking Africa with Europe by Nov
Eng. Atef Helmy, Egyptian Telecom Minister, has revealed that Telecom Egypt (ETAL) will finalize the installation…
Telecom Egypt to Finalize New Cable Linking Africa with Europe by Nov
Eng. Atef Helmy, Egyptian Telecom Minister, has revealed that Telecom Egypt (ETAL) will finalize installing new…
Egypt Central Bank Returns $500 mln Deposit to Qatar
Egypt returned a $500 million deposit to Qatar at the start of November after Qatar refused to renew it upon its…
Egyptian Finance Sells EGP3bln T-Bonds
Egyptian Finance Ministry has succeeded to sell 3-and-7 year treasury bonds worth EGP3billion. Throughout its…