Takaful Life Insurance Awaits CBE’s Approval for Protocols with 3 Banks
Egyptian Life Takaful Insurance Company awaits the approval of the Central Bank of Egypt (CBE) in order to start…
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NBE Plans Profit Retention for FY13/14, Capital Hike
National Bank of Egypt (NBE) considers the retention of the entire profits for the current fiscal year in which its…
Royal Insurance Egypt’s Assembly Approves Launching EGP50m Mutual Fund
Royal Insurance Egypt's shareholders approved during general assembly meeting to found mutual fund, with an initial…
EGAS-Egypt Says EGP7bln Dues of Public Sectors’ Firms
The Holding Company for Natural Gas 'EGAS' Chairman Khalid Abdul-Badi said the dues of EGAS public sector reached…
Egypt’s Sisi Goes Cycling for Fuel Economy
Egyptian President Abdel-Fattah al-Sisi took part on Friday in a bicycle marathon together with artists, media…
Intel Boosts Revenue Forecast as Business Demand Picks Up
Intel Corp. (INTC)’s stock soared to its highest level in more than a decade, fueled by an improved sales forecast…
Egyptian Banks Seek Expanding in Retail Banking Sector
Vice Chairman of the National Bank of Egypt Sharif Alawi said retail banking sector has witnessed remarkable…
Banque Du Caire Sees 28% Growth in Net Profit in H1
Chairman and CEO of Banque Du Caire Mounir El Zahid expected that the bank will attain 28% growth in net profits…
Egypt Imports 200.000 Tons Turkish Steel with EGP1bln in 5 Months
Egypt imported 200.000 tons Turkish steel with total cost EGP1 billion in the last 5 months from January to May…
Sphinx Glass-Egypt Eyes 7% up in Sales in 2014
Sphinx Glass-Egypt Company, a platform company of Citadel Capital eyes boosting its sales volume to 7% within the…