Egypt’s Central Bank Accepts EGP 12 Bln At Deposit Auction
The Central Bank of Egypt (CBE) has accepted EGP 12 billion worth of seven-day deposits at a fixed interest rate of…
Egypt Set To Restore Leading Role In Regional Peace Process
Egyptian President Mohammed Morsi expressed in a verbal message to the Palestinian President Mahmoud Abbas that…
Palestinians Face Daily Struggle In Egypt
For the nearly 70,000 Palestinian refugees living in Egypt, life is far from easy, as most of them live in a legal…
Libya Bank Lending Paralyzed Amid Interest Ban: Islamic Finance
Ali Gumma finally saved enough money to buy a plot of land near Tripoli and was planning to build a family home…
HSBC Signals 14,000 Jobs Cuts In $3 Billion Savings Plan
HSBC Holdings Plc (HSBA), Europe’s largest bank, will eliminate as many as 14,000 jobs as Chief Executive Officer…
PM Kandil Says He Expects IMF Loan Deal Within 45 Days
Negotiations with the International Monetary Fund (IMF) to secure a $4.8 billion loan for Egypt are nearing their…
Islamic Funds and Investments Industry Witnesses Rapid Global Expansion
More than 400 key players, regulators and thought leaders in the global Islamic funds and investments industry are…
Gold Prices In Egypt – Early Wednesday
The tables below show the gold prices per gram on early Wednesday in Egypt:
Christian Teacher To Be Tried In Egypt For Insulting Islam
Egypt's prosecutors on Tuesday referred a Christian schoolteacher to trial on charges of insulting Islam, judicial…
Egypt’s EFG-Hermes Says To Raise Capital Via Bonus Shares
EFG Hermes (HRHO.CA), Egypt's biggest investment bank, is seeking to raise its capital to 2.87 billion Egyptian…