Egypt’s Govt Eyes Best Use of Energy Sources, More Investments
Eng. Ibrahim Mehleb, Egyptian Prime Minister said the government is facing many challenges in energy fields but it…
United Bank Eyes new EGP50 million Contract with SFD Egypt
Egyptian lender United Bank S.A.E is currently in talks with Egypt-based Social Fund for Development (SFD) over a…
National Bank of Egypt Secures EGP3 bln for CBE Housing Initiative
The state-owned National Bank of Egypt (NBE) decided to participate in the Central Bank’s (CBE) mortgage finance…
Arab Misr Insurance-GIG Plans to Adopt 3 New Products for Credit Cardholders
Arab Misr Insurance Group (GIG) is planning to call the Egyptian Financial Supervisory Authority (EFSA) to adopt 3…
E-Marketing Academy-Egypt , AASTMT Ink Protocol to Train Its Students
Egypt’s Digital Marketing Arts Academy has signed cooperation protocol with the Arab Academy for Science and…
C. Bank Says Net Inflow of FDI Up US$2.8 in 3 Months
The latest reports of the Central Bank of Egypt (CBE) showed that the Foreign direct investments (FDI) in Egypt…
HSBC Bank Oman Appoints Andrew Long Chief Executive
HSBC Bank Oman, Oman's fourth-largest lender by assets, said on Tuesday it had appointed Andrew Long as chief…
Private Equity Firm Actis Reduces Stake in Egypt’s CIB
Private equity firm Actis has reduced its holding in Commercial International Bank (CIB) , Egypt's biggest listed…
Egypt’s Cabinet Holds ‘Urgent Meeting’ over Repetitive Blackouts
An urgent meeting is being held by Egypt’s Premier Ibrahim Mehleb with Ministers of Electricity and Petroleum over…
TransCentury Sells its Rift Valley Railways Stake to Citadel
Kenya's TransCentury has sold its 34 percent stake in Rift Valley Railways to Egypt's Citadel Capital (CCAP.CA), it…