Samsung To Buy 10 Percent Stake In Rival Pantech
South Korean electronics giant's investment in local rival Pantech in a deal valued at almost US$47.6 million will…
Dubai Lender Emirates NBD Launches $1 Bln Bond At 5.75%
Emirates NBD launched a $1 billion core capital-boosting bond on Wednesday, amid healthy demand, allowing the Dubai…
Egypt’s Benchmark Ends Above 5415 Pts Backed By Soldiers’ Return
Egypt bourse has ended sessions on Wednesday posting gains of EGP 429 million backed by the release of the seven…
TE Seeks To Provide Mobile Services In Ramadan:CEO
Eng. Mohamed Al-Nawawi, CEO of Telecom Egypt (TE), said (TE) has indeed taken serious steps towards becoming an…
Islamic Development Bank Increases Its Capital To $ 150 Billion
The Board of Governors of Islamic Development Bank Group approved at the conclusion of its annual meetings in the…
Egypt To List EGX30 Index Futures On NYSE Liffe In June – Chief
Egypt bourse’s agreement with NYSE Liffe, the European derivatives business of NYSE Euronext, to list the EGX 30…
CBE Gives Banks 3-Month Reprieve To Comply With Bancassurance Regulations
The Central Bank of Egypt (CBE) has brought new bancassurance regulations into effect so as to allow banks to offer…
Egypt Eyes Constructing Global Centers By BOT At $8.5 bln
Egyptian Tourism Minister Hesham Zazou said Egypt is aspiring to activate a future strategy for the conferences…
Egypt’s Orascom Says Not Party In VimpelCom-Algeria Talks Over Djezzy
Orascom Telecom Holding (ORTE.CA) announced that it didn’t informed about stoppage of negotiations between Russian…
Egypt: Echoes Of Revolution Far From Cairo
When the 25 January revolution happened in Egypt in 2011, the capital Cairo became the focus of world attention.…