Egypt’s Palm Hills Denies News about New Holding Company, $1 bln Loan
Palm Hills Development (PHDC), Egypt's second-biggest listed property developer, has rebutted the news published…
Russia Sends Spy Ship To Mediterranean – Interfax
Russia is sending a reconnaissance ship to the eastern Mediterranean, Interfax news agency reported on Monday, as…
CBE Offers Egypt Banks $40 mln at FX Auction
The Central Bank of Egypt (CBE) has offered today its first foreign exchange auction for this week totaled US$ 40…
Egypt Destroys Homes For Possible Gaza Buffer Zone
Egypt's military has bulldozed 13 homes along the Gaza Strip border and caved in tunnels beneath them as a prelude…
Egypt’s Finance to Offer T-Bonds Worth EGP 3 bln Today
The Egyptian Finance Ministry is offering today 5- and 10- year treasury bonds valued at EGP 3 billion. Through its…
Foreign Net Sellers Drag Egypt’s EGX 30 to Fall below 5250 at Open
Egypt’s stocks opened lower on Monday incurring losses of EGP 1.8 billion driven by early non-Arab foreign selling…
Syria Attack Causes Divisions At Arab League
Saudi Arabia and the Syrian opposition called on Arab states to support a Western attack on the regime of Bashar Al…
Arab League Shies away from Backing Action Without UN Support
The Arab League urged the world to punish the Syrian regime for its alleged use of chemical weapons, but failed to…
Egypt’s Transport Authority Losses EGP13 mln in 18 Days
Egypt's Public Transport Authority has reported losses totaled EGP 13 million during 18 days since the events of…
Australia Offers Support for US Strike in Syria
Australia is offering moral support for a U.S. military strike in Syria while New Zealand said Monday it needs more…