US Dollar Hits EGP 7.01 In Banks, Euro Hikes 1.07%
On Tuesday, the exchange rate of the US dollar against the Egyptian pound have steadied at EGP 6.98 for buying and…
Orascom Telecom Jumps to 4-Year High on Buyout Flop: Cairo Mover
Orascom Telecom Holding SAE (ORTE) rose to the highest level in more than four years after a buyout offer, which…
Report: Netanyahu Seeking U.S. Assistance To Arrange Morsi Meeting
Israeli Prime Minister Benjamin Netanyahu has begun to put pressure on U.S. officials to arrange a meeting with…
Egyptian Takaful Non-life Renews Reinsurance Contracts With Hannover Re
Egyptian Takaful Company (Non-life) has succeeded in renewing reinsurance agreement with Hannover Re Group, said…
Micro-insurance Covers 44.4 Mln Africans: Claudia Huber
Claudia Huber, member of the Advisory Committee of Access to insurance initiative and member of International…
Egypt’s Main Index Nears 5408 Pts – Closing
Egypt bourse has ended the sessions on Tuesday posting gains of EGP 2.8 billion powered by the non-Arab foreign…
Egypt’s MCIT Signed Protocol With SIS To Develop Tech-Infrastructure
The Information and Communication Technology Ministry (MCIT) and State Information Service (SIS), have signed…
IIFM Releases 3rd Edition of Sukuk Report “Comprehensive Study of Global Sukuk Market”
The International Islamic Financial Market (IIFM) today released its much awaited IIFM Sukuk Report (3rd Edition)…
EGX Of SMEs: Misr Kuwait Sags 4.4%, PSAD Tops Value Traded
Stocks traded on the Egyptian Exchange of the Small and Medium Enterprises (SMEs) – NILEX witnessed unsteady…
Kuwait Re Eyes KWD 37 Mln Premiums In 2013
Kuwait Reinsurance Company targets to achieve premiums of KWD 37 million in 2013 from KWD 36 million in 2012, said…