Egypt’s Naeem to Cross-list Shares on Abu Dhabi Bourse
Cairo-based financial group Naeem Holding (NAHO.CA on the Egyptian Exchange) is set to list its shares on Abu Dhabi…
IDWB Pumps EGP200 mln to Support Its Allocation Gap
Hamdy Azzam, board member of the Industrial Development and Workers Bank(IDWB) said the bank pumped EGP200 million…
US Imposes 3.4% Tariffs on Egypt Imports – Official
The Chairman of the Egyptian Chemical Export Council Dr. Waleed Helal today announced that the United States is…
PBDAC Aims to Boost Financing of Micro Projects to EGP1 bln FY13/14-End
Emad Abd El-Aziz Salem, Vice Chairman of the Board and Director at Principal Bank for Development and Agriculture…
Egypt’s Morsi Court Appearance Postponed until 1 February
The judge in the trial of Egypt's former Islamist president on charges of inciting murder has ordered the…
CBE Requests from Banks EGP55 bln in 23rd Auction of Deposit Operation
The Central Bank of Egypt (CBE) has requested around EGP55 billion domestic surplus liquidity from the banks which…
C.Bank Raises its Second FX Auction for this Week at US$40mn
The Central Bank of Egypt (CBE) has offered today its second foreign exchange auction for this week totaled US$ 40…
Vodafone Egypt Oks Banking Consortium’s Offer for EGP4 bln Loan
Vodafone Egypt approved on consortium agreement for seven banks operating in the Egyptian market in order to…
Egypt: Shares Rally at Open as Voting on Referendum Started Abroad
Egyptian stocks opened higher on Wednesday posting gains worth EGP 721 million backed by early foreign buying…
Ethiopia Rejects Egyptian Proposal on Nile as Dam Talks Falter
Ethiopia rejected a proposal that would guarantee Egypt the rights to most of the Nile River’s water, as…