Egypt Shares Open Lower Incurring EGP890 million Losses
Egypt's stocks opened lower incurring early losses worth EGP890million amid foreign investors' selling on Thursday…
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UAE’s Gulf Capital Invests $25m in Egypt’s Amak Petroleum
UAE-based private equity firm Gulf Capital has announced that it has completed an investment worth $25 million in…
Egypt Shares Lose EGP3.3 billion, EGX30 Ends below 9587
Egypt's stocks ended trading on Wednesday lower losing 3.3 billion Egyptian pounds driven by foreign investors'…
Egypt’s Royal Insurance Assigns Credit Agricole to Receive its Underwrite EGP50mn
The Deputy Managing Director Finance at Royal Insurance Company, Ahmed Hosny said Royal has contracted with…
CBE Accepts EGP35bln from Banks in 62th Auction of Deposit Operation
Egypt’s Central Bank (CBE) requested on Wednesday 35 billion Egyptian pounds of domestic surplus liquidity from…
Poland Lifts Travel Ban on Its Citizens to Egypt
Poland has lifted travel ban on its citizens to Egyptian tourist resorts in Hurghada, Sharm El Sheikh, El Gouna,…
C. Bank: EGP830bln Total Value of Banks’ Securities in July 2014
The total value of Egyptian banks' securities reached around EGP830 billion at the end of July 2014 including…
After Feast Holidays, Egypt Stocks Open Higher on Wednesday
Egypt's stocks opened higher on Wednesday after the holidays of Eid Al Adha (Feast of Sacrifice) posting gains at…
NBE Opens US$240mn Letters of Credit to Ship 2 million Barrels of Oil from Kuwait
National Bank of Egypt (NBE) has approved to open letters of credit worth US$240 million in favor of Egyptian…
Egypt’s Authority for Roads Eyes EGP40bln Investments this Year
The Head of Egyptian General Authority for Roads and Bridges Saad el-Geoushy revealed that the Authority is aiming…