Local Banks Buy US$38.6 mln from CBE ,Auction’s Price Surges1 Piasters
The Central Bank of Egypt (CBE) has offered today its foreign exchange auction for this week of the last week…
4 Banks to Grant Al-Nasr Coke Co- Egypt €85 mln by January
The four banks representing in the National Bank of Egypt (NBE), National Societe Generale Cairo(NSGB), Banque Misr…
Egyptian Life Takaful Targets EGP1 bln Premiums By 2018-End
Hesham Abdel Shakour, Managing Director of Egyptian Life Takaful Company said his company is targeting EGP1 billion…
Cabinet Agrees for EU to Finance Development Projects in Egypt €90 mln
The Egyptian Cabinet approved on Egypt’s President Decree for the two exchange letters which signed in Cairo on…
Al Baraka Bank Egypt Eyes 15% Growth Rates, 5 New Branches in 2014
Al Baraka Bank of Egypt is planning to increase its volume of growth rates by 15% within 2014. Ashraf El Ghamrawy,…
Egypt Regulator Announces CBE’s Pact on Bonds, ETFs Launch within Days
Egypt's market regulator is planning to increase the size of bonds traded in the country's bourse as well as to…
CBE Offers EGP5.5 bln T-Bills Today
On behalf of the Egyptian Finance Ministry, the Central Bank of Egypt (CBE) will be offering today 182- and 364-day…
Egypt Shares Opened Mixed on Thursday amid Cairo Bus Blast
Egyptian stocks have opened mostly higher on Thursday posting slight gains worth EGP 48 million as a huge explosion…
UPDATE: Bus Explosion in Cairo’s Nasr City Leaves 5 Injured
A huge explosion was heard Thursday morning near a school complex in Nasr City, Director of Civil Emergency…
Egypt Brotherhood Vows ‘Resistance’ After Terror Label
The Muslim Brotherhood vowed to press ahead with “peaceful resistance” after the government classified it as a…