CIB Egypt Mulls Granting EGP1 bln Funding to Real Estate Clients
The Commercial International bank(CIB) is considering pumping new funds with EGP1billion within the next period to…
Banque Du Caire Hits EGP750 mln Securities Portfolio
The total securities portfolio of Banque Du Cairo hit around EGP750 million at the end September, against EGP1.5…
Egypt Bourse to Meet with CBE on Recent Changes in Exchange Rates
The Egyptian Exchange is scheduled to hold a meeting with the Central Bank of Egypt within the upcoming period to…
EGP66 bln Targeted Revenues for Telecom Sector: Minister
Egyptian Information and Communication Technology (ICT) Minister, Eng. Atef Helmy said it is expected for the…
CBE Requires EGP32 bln Deposit Operations from Banks Today
The Central Bank of Egypt (CBE) has demanded from the banks operating in the banking sector on Tuesday EGP 32…
Egypt Shares Halt Two-day Low, Open Higher on Tuesday
Egyptian stocks have opened higher on Tuesday posting gains of EGP 2.7 billion backed by local and Arab net…
Political Impact of June30 Uprising ‘Golden Opportunity for Real Estate Sector’
June30 Uprising Revived Egypt’s ties with the Arab Nation, notably the Gulf. The Political Support given by Saudi…
IFC Invests in Leading Plastic Maker, Helping Create Jobs in Egypt
IFC, a member of the World Bank Group, is providing a $35.5 million loan to Elif Plastik, Turkey’s largest supplier…
Foreign Currencies Vs Egypt Pound – Early Tuesday
The table below shows the exchange rates of the Arab and foreign currencies against the Egyptian pound on early…
T-Mobile to Sell $1.8 Billion Stock to Fund Airwave Purchase
T-Mobile US Inc. (TMUS), the country’s fourth-largest mobile-phone carrier, plans to sell shares valued at almost…