Banque Misr, Bank Audi, ADIB Sign Al-Nouran Sugar Loan Conditions Memo
Banque Misr, Bank Audi Egypt and Abu Dhabi Islamic Bank have signed the memorandum of terms and conditions of the…
Syria Internet Access Cut Off From World
Syria’s Internet links to the outside world were cut off, making e-mail, websites and other services inaccessible…
Apache Unveils Three New Discoveries in Egypt
Apache Corp. ( APA ) reported three oil and gas discoveries in Egypt's western desert, expanding the company's…
EGX 30 Rallies Again, Nears 5380 Pts; Opening Following New Cabinet
The Egyptian Exchange (EGX) has continued its rally for the second day after posting opening gains on Wednesday of…
Symantec Sales, Profit Forecasts Miss Analysts’ Estimates
Symantec Corp. (SYMC) shares fell after the biggest maker of security software forecast fiscal first-quarter sales…
CBE Offers US$ 40 Mln At 1st FX Auction This Week
The Central Bank of Egypt (CBE) has offered US$ 40 million to local banks on Wednesday at its 54th FX auction and…
China Trade Data Beats Expectations, Skepticism Remains
China's exports and imports grew more than expected in April, offering the possibility of a better outlook for the…
NBE In Talks With FinMin, E-Finance To Collect Customs Duties Electronically
The National Bank of Egypt currently conducts negotiations with the Ministry of Finance and E-Finance to collect…
Japan Leads Asia Rally After China Trade Data
Japanese stocks rallied on toward five-year highs Wednesday, outperforming other Asia markets, which also traded…
Ford Says China April Sales Up 37% On Year
Ford Motor Co. F +0.71% and its joint ventures in China sold 75,331 vehicles in the country in…