Delta Insurance Contracts with Bank Audi over its New IPO Mutual Fund
The board of directors of Delta Insurance Company chairman El-Sayed El-Gohary revealed that his company contracted…
Egypt Shares Open Lower Incurring EGP373 million Losses
Egypt's stocks opened lower incurring early losses worth EGP373 million amid Egyptian and foreign investors'…
Developing Egypt’s ICT Sector will Increase Revenues to EGP33 bln by 2020: Minister
Egyptian Information and Communication Technology (ICT) Ministry Atef Helmy stated that the gross domestic…
Egypt to Borrow EGP79.5bln from Local Market before Sept-End: Ministry
Egyptian Finance Ministry said the government is aiming to borrow EGP79.5 billion from the local market…
Euro Wilts After Draghi Says Ready For Further Steps
The euro languished at 14-month lows in Asia on Thursday after reported remarks from European Central Bank…
Gold Price Seen Near Tipping Point For Mine Cuts, Closures
The price of gold, down more than a third in three years, is approaching the tipping point where the mining…
Islamist Fighters Advance In Syria Despite U.S. Strikes
U.S. and coalition planes pounded Islamic State positions in Syria again on Wednesday, but the strikes did not halt…
Huawei To Invest $4 Billion In Fixed Broadband R&D In Next Three Years
Huawei Technologies Co Ltd , the world's largest telecommunications equipment maker, said it would invest more than…
Asia Slips As Wall Street Cheer Fizzles, Kiwi Slides
Asian stocks slipped on Thursday, giving back earlier gains as initial cheer from a rebound on Wall Street fizzled…
Orascom Construction IPO Expected During The First Half Of 2015: OCI Official
Orascom Construction Industries (OCI) NV is studying the possibility of having an initial public offering (IPO) – a…