Egypt’s Interior Denies Borrowing EGP 1 bln to Establish 3 New Prisons
An official source in Media Center of the Egyptian Interior Ministry has denied what was circulated on the internet…
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Wethaq Takaful Targets EGP 200 mln Investments in 2014
Wethaq Takaful Insurance Company is aiming to achieve EGP 200 million investments by the end of the current fiscal…
NBE Eyes to Open 21 New Branches By End Of FY/13
Hazem Hegazy, Head of Retail Banking and Branches of the National Bank of Egypt (NBE), has revealed that his bank…
Telecom Italia Is Said to Propose Reorganization to Board
Telecom Italia SpA (TIT) is considering a reorganization of its domestic units under a plan that would create…
IBM Moves Retirees to Insurance Exchange As Costs Rise
International Business Machines Corp. (IBM), faced with rising health care costs for retirees, says it will move…
Obama Appeals for Backing to Hit Syria, Europeans Urge Delay
President Barack Obama urged Americans on Saturday to back him in launching an attack on Syria, as diplomatic…
Egypt’s Finance to Offer T-Bills With EGP 6 bln Tomorrow
The Egyptian Finance Ministry will offer tomorrow 91- and 273- day treasury bills valued at EGP 6 billion.…
Egyptian Takaful Property Eyes EGP 300 Mln Investments Within FY13/14
El-Sayed Bayoumi - head of investment department at the Egyptian Takaful Insurance Company (Property), said his…
Egypt’s Army Finds Explosives on Rail Line Near Suez
Egyptian soldiers discovered explosives planted on a railway line on Saturday, the state news agency reported,…
Arrangers of Al-Nouran Sugar Loan Submit Information Memorandum
Bank Audi , Banque Misr, and Abu Dhabi Islamic Bank have finalized from submitting information memorandum…