United Bank Reduces its Non-Performing Portfolio to EGP3.5bn in June 2014
United Bank has reduced its non-performing debt portfolio from EGP6.5 billion in 2006 to EGP3.5 billion in June…
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Egypt’s FinMin Plans Cancelling 90% of Petroleum Subsidiary over 4 Years
Egyptian Minister of Finance Hany Kadry revealed that the government is planning to cancel 90% from the four-year…
Egypt Stocks Open Higher with EGP2.9bln Gains
Egypt's stocks opened higher on Tuesday with gains of 2.9 billion Egyptian pounds triggered Egyptian and Arab…
Euromoney Egypt 2014 Kicks off Today
The world’s leading organizer of conferences for capital markets and cross border investments, Euromoney…
Official: Egypt to Invite Tender for EGP540mn River Bus Project in October
Egypt expects to offer the tender for a river bus project next October, according to a ministry official. Atter…
Alexandria Businessmen Association Says EGP5.4bn Value of Micro Projects
Chairman of Alexandria Businessmen Association (ABA) Marwan Al Sammak revealed that the total submitted loans…
Revenues of Suez Canal Record EGP4.5bn Till 2 O’clock p.m Today – Official
Governor of Central Bank of Egypt (CBE) Hisham Ramez revealed that Suez Canal investment certificates collected…
NBE Considers Pumping EGP3.5bln Credit Facilities for Sugar, Cotton Sectors
National Bank of Egypt (NBE) is considering pumping credit facilities in favor of Cotton and sugar sectors with…
Tourist Firms Chamber Buys New Suez Canal Certificates with EGP70mn
Head of the Chamber of Tourist Companies Hossam ElShaer decided to buy new Suez canal Certificates with EGP70…
Phones 4u Bonds Plummet After Losing Mobile Contracts
Phones 4u Ltd. bonds lost almost all their value as the closely held company sought protection from creditors and…