JPMorgan Sells Physical Commodities Unit to Mercuria for $3.5 billion
JPMorgan is selling its physical commodities businessto Mercuria for $3.5 billion, the U.S. investment bank…
Telecom Egypt Completes Terrestrial Infrastructure of MENA Cable Within Days
Telecom Egypt plans to complete within days the terrestrial infrastructure of the link works between Zaarafana on…
Egypt’s Engineering Equipments Imports from Germany Hit $2.2 billion in 2013
In 2013, Egypt has imported engineering equipments and machines from Germany worth US$2.2 billion, according to…
Egyptian Petroleum Minister Inks 3 New Exploration Agreements with US$717 mln
Eng. Sherif Ismail, Egyptian Petroleum and Mineral resources Minister, Hisham Makawi, president of British…
Egypt Shares Close Lower on Wednesday, Yet EGX30 Ups to 8286
Egypt’s stock market incurred losses during today’s closing session totalling 4.2 billion amid foreign selling…
Libya Insecurity Delays Egyptian HDB’s Expansions
Egyptian lender Housing and Development Bank (HDB) will not go on with its expansions in Libya in the meantime amid…
Egypt’s Telecom Regulator Calls Mobile Operators to Provide Incentives to Users
Eng. Hesham Alayli CEO of the National Telecommunication Regulatory Authority (NTRA) has held a meeting including…
Volume of Trade Exchange Between Egypt-Sudan Up US$839 mln
Mossad Al-Naggar, Head of the Egyptian Commercial Office in Sudan, said the Egyptian- Sudan trade relations have…
Egyptian Gulf Bank Approves Cash Dividends, Capital Hike to $233.5 mln
Egyptian Gulf Bank (EGB) Ordinary general assembly meeting (OGM) approved in its meeting on Tuesday a cash dividend…
Swiss-listed Orascom Warns on Profit amid Egyptian Instability
Swiss-listed Orascom Development Holding AG (ODH) expects to post a full-year net loss, as Egyptian tourism suffers…