UNB-Egypt Receives EFSA Approval to Start Rights Issue Phase II August 25
Egypt's financial regulator, Egyptian Financial Supervisory Authority (EFSA), granted Union National Bank Egypt…
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El Kahera Housing Registers EGP71.5 Million Profits in Q1
El Kahera Housing Company (ELKA.CA) attained EGP71.5 million profits within the first quarter of this year against…
Israel Says Gaza Rockets Made Further Cairo Talks ‘Impossible’
A spokesman for Prime Minister Benjamin Netanyahu on Wednesday rejected Palestinian charges that Israel was to…
Egypt Carries Out Wide Scale Operations against Terrorism in Sinai
The Egyptian army continued to act against terrorists in Sinai on Tuesday, arresting 75 suspects, a day after it…
Egypt Urges US Restraint over Missouri Unrest
Egypt on Tuesday urged U.S. authorities to exercise restraint in dealing with racially charged demonstrations…
Egypt Picks Saudi Consultancy to Draft Suez Plan
Egypt has selected a Saudi consultancy to draw up the plan for the government's mega project to transform the Suez…
In the Dark: Egypt’s Electricity Deficit Worsens as Shortages
The electricity deficit reached approximately 6,180MW on Monday, resulting in power outages…
EGB’s Personal Loans Portfolio Attain EGP471mn at June
The total value of Egyptian Gulf Bank's (EGB) personal loans reached around EGP471.2 million in compared to…
Ashraf Gamal El Din Resigns from Egypt Post, Pursues Works till Sept
Chairman of Egypt Post Dr. Ashraf Gamal El Din has resigned from his position saying this resign is due to personal…
Egyptian Takaful Insurance ‘Property’ Attains EGP25mn Profits in 6 Months
Egyptian Takaful Insurance Property's profits increased by 47.9% to become EGP25 million at the end of June 2014 in…