EALB’s Corporate Certificates Attract EGP 333 Mln In Two Months
The Egyptian Arab Land Bank’s (EALB) corporate certificates of deposit attracted deposits worth EGP 333 million…
Egypt Likely Not To Receive IMF Loan; Says Former Official
Dr. Fakhry El-Feky, former assistant to the executive director of the International Monetary Fund (IMF), has ruled…
CBE Offers US$ 40 Mln To Local Banks On Thursday
The Central Bank of Egypt (CBE) offers US$ 40 million to local banks on Thursday so as to address the dollar…
EGX 30 Opens Below 5711 Pts; EGX 70 Solely Up
The Egyptian Exchange has opened Thursday’s session incurring losses of EGP 758 million driven by foreign sellers…
Hesham Kandil Expects IMF Visit This Month
The Egyptian Prime Minister Hesham Kandil expects the International Monetary Fund mission to visit Egypt this…
Al Baraka Egypt To Increase Corporate Finances To EGP 8 Bln In 2013
Al Baraka Bank of Egypt targets to raise corporate finance by 15% to reach EGP 8 billion by the end of 2013,…
Orascom Deal May Dampen Egypt’s Stock Market
Egypt's share market may be weeks away from losing its biggest stock, which could prove to be a fresh blow to a…
Asia stocks notch gains, Hong Kong leads
Asia stocks rose Thursday, as investors considered deal news, earnings and some mixed signals on the health of the…
Gold Prices Struggle Near 6-Month Lows
Gold futures on Thursday struggled for direction after sliding to six-month lows in the previous session, with a…
Dollar Rises Vs Yen On Boj Gov Candidate’s Remark On Foreign-Bond Buying
The U.S. dollar inched higher in Asia trading hours on Thursday, gaining some traction against rivals ahead of a…