National Bank of Egypt to secure $15 million from Germany’s SANAD Fund
National Bank of Egypt is set to sign a loan worth US$15 billion with SANAD Fund for MSMEs, of the German state-run…
Cairo stocks start week mostly up as new c.bank chief arrives
Egypt's stock market edged slightly higher Sunday with gains of 1.3 billion (US$166 million) as a new central bank…
Misr Insurance wins $255mn policy for steel firm in Alexandria
The leading insurer in MENA region, Misr Insurance Company has won a policy bid to insure the assets and properties…
French AXA Insurance gets regulatory approval to buy Egypt’s CIL
French insurance group AXA received approval from the Egyptian Financial Supervisory Authority (EFSA) to acquire…
Egypt’s 1st nuclear plant is ‘safe’, away from quake danger zone
Egypt's anticipated Dabaa nuclear power plant does not locate in any earthquake danger zone and is safe from any…
Arabic graffiti detected on Easyjet, Vueling planes in France
French police and airport authorities stated Saturday that graffiti, much of it in Arabic, had been found sprayed…
Solb Misr defers 20% IPO in Cairo bourse until H2-2015
Egyptian steel group Solb Misr decides to delay share sale of 20 percent in Cairo bourse until the second half of…
UAE’s KBBO hires Goldman, Morgan Stanley for Centurion London listing –…
United Arab Emirates' investment company KBBO Group has hired Goldman Sachs and Morgan Stanley among others for…
Egypt’s pound steady at first forex auction under new c.bank governor
Egypt's central bank held the pound steady at 7.7301 pounds to the dollar Sunday at the first official foreign…
Egypt’s T-bill yields almost unchanged at Sunday’s auction
Yields on Egypt's three- and nine-month treasury bills are almost unchanged during Sunday's auction, data from…