SAIB in Talks with Palm Hills’ Loan Arrangers over EGP200mn Stake
Société Arabe Internationale de Banque (SAIB) is currently negotiating with the arranged banks for Egypt-based real…
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Vodafone Egypt Says Frequent Power Cuts Suspend 900 Network Stations
The frequent power cuts has suspended 900 strengthening mobile phone network stations over one day the last…
Samsung Egypt Provides Tech-Infrastructure for 40 Youth Centers
Samsung Electronics Egypt has launched new initiative in collaboration with Ministry of Youth and Sport in order to…
Libyan Militia Accuses Egypt, UAE of Airstrikes
Two airstrikes targeting Islamist militia positions in Libya’s capital killed 15 fighters and wounded 30 on…
Egypt Braces for New Talks on Disputed Ethiopian Dam
Egypt will be resuming negotiations on Monday with Ethiopia on a disputed Nile dam, which soured the two African…
NBE Signs Protocol with Misr El Kheir to Pay off Debtors’ Dues
Chairman of National Bank of Egypt (NBE) Hisham Okasha, has signed cooperation protocol with Mohsen Mahgoub…
ITIDA Inks 3 Agreements with IDC to Boost Egypt’s IT Exports
Information Technology Industry Development Agency (ITIDA) has signed three agreements with International Data…
Russia and Egypt: Déjà Vu?
Last week Egyptian President Abdel-Fattah el-Sissi visited Russia after his trip to Saudi Arabia. Other than its…
NBE Agrees to Contribute EGP150mn to Palm Hill’s Bridge Loan
National bank of Egypt (NBE) has participated in the bridge loan with EGP400 million which obtained by real estate…
El Araby Group Targets EGP6.6bn Sales in 2014
Egypt's El Araby Group is aiming to boost its sales to 10% (EGP6.6 billion), CEO Ibrahim El Araby revealed to Amwal…