Asian Shares Up on China’s NPC But China Stocks Fall
Asian stocks were mostly higher on Wednesday, after stocks on Wall Street rallied on easing tensions in Ukraine.…
Crude Loses All of Ukraine-Inspired Rally
Brent crude oil futures fell for the second straight session on Wednesday, dropping below $109 a barrel on an…
UK Second Largest Investors in Egypt, Says Minister Abdel Nour
The UK investments totalling US$5.3 billion, are the second largest among worldwide investors in Egypt, Egyptian…
Egypt’s Industrial Development Authority to Boost Its Plan with 25% in 5 Years
Dr. Mahmoud El Garf, Chairman, Industrial Development Authority (IDA) revealed that his Authority is targeting to…
NILEX’s Index Hikes 0.57%, BIG Controls 38% of Turnovers
The Egyptian Exchange for SMEs – NILEX’s Index hiked 0.57% on Wednesday, to close at 1037.89 points. Out of 17…
Egypt: Shares Gain EGP3.7 billion, EFG-Hermes Grows 1.06%
Egypt’s stocks ended higher on Wednesday with gains totalling 3.7 billion pounds powered by foreign buying appetite…
Suez Canal Life Insurance Attains EGP125 mln Premiums Within 8 Months
Ahmed Shoukry, managing director of Suez Canal Life Insurance said his company succeeded to attain its targeted…
EALB Eyes to Apply ACH-Dept to Collect Mortgage’s premiums
Egyptian Arab Land Bank (EALB) is planning to apply Automated Clearing House (ACH) department in cooperation…
EFG-Hermes Completes $150 mln Exit from Leading Jeweler Damas
The Private Equity division of EFG Hermes (HRHO.CA), a leading regional private equity investor, completed today…
Lenovo Ranks 3rd in Egypt’s PC Market, with 15.9% Share
Lenovo’s global PC market share have reached 18.6% by the end of 2013, to rank first in the worldwide PC market,…