Egypt’s Govt Allocates EGP5.8 bln For Governorates’ Development In FY2013-14
The economic and social development plan, which was set by Dr. Hesham Kandil's cabinet for the fiscal year…
Red Sea Ports Receive 1425 Passengers, 1240 Pilgrims
Both ports of Safaga and Nuweibaa have received 1425 passengers and 1240 pilgrims, while El Zaytyat Port received…
CBE Kept Interest Rates Unchanged On Low GDP, Retreating Investment Rates
The Central Bank of Egypt’s (CBE) Monetary Policy Committee has left overnight deposit and lending rates unchanged…
Icahn Asks Investors To Make Big Bet On Debt-Laden Dell
Billionaire Carl Icahn, seeking to scuttle a buyout led by Silver Lake Management LLC, is asking Dell Inc. (DELL)…
Delta Life Insurance Company’s 9-Month Premiums Hit EGP 104.1 Mln
Delta Life Insurance Company achieved premiums of EGP 104.1 million in the first nine months of FY 2012/2013. The…
Alibaba Billionaire Ma Steps Down As CEO Before Likely IPO
Billionaire Jack Ma, founder of Alibaba Group Holding Ltd., said he plans to focus on environmental protection and…
The Egypt-Israel Peace Test
The rocket strikes that a militant Islamist group recently fired from the Egyptian Sinai into the Israeli city of…
EGX 30 Climbs 2.4% In Week Powered By Govt’s Reconciling Steps
In a week, the Egyptian Exchange has managed to post remarkable gains of EGP 5.6 billion as the capital…
Hyde Park Loan Arrangers Sign Definitive Agreement In Days
The National Bank of Egypt (NBE) has asked other banks to contribute EGP 850 million to the EGP 1.3 billion loan…
Egypt’s Mubarak Arrives In Court For Retrial
Former Egyptian president Hosni Mubarak was back in court on Saturday to face a retrial on charges of complicity in…