Islamic Banking Hit EGP 102 Bln In Egypt At End-Jan. 2013
Mohamed El-Beltagy, head of the Egyptian Islamic Finance Association, stated that the volume of Islamic banking in…
Industrial Development Bank Cooperates With NBE To Finance 45,000 Bakeries
The Industrial Development and Workers Bank of Egypt plans to cooperate with the National Bank of Egypt (NBE) in…
EGX 30 Ends This Week 1.54% Higher, Shrugs Off Hermes Deal Failure
Despite the fact that the planned takeover of Egypt’s largest investment bank by Qatar’s QInvest LLC has been…
Egypt’s Exports To Poland Jumped To EGP105 Mln – Q1/13
The Egyptian exports to the People's Republic of Poland soared 28%, reporting EGP 105 million in the first quarter…
Finance Ministry Raises 8 Bln In Treasury Bills, Bonds
The Egyptian Ministry of Finance sold 182- and 364-day treasury bills each worth EGP 3.5 billion on Thursday. The…
HDB Sets Up Real Estate Development Company With LYD 10 Mln Capital
The Housing and Development Bank (HDB) has announced that it will establish a real estate and tourism development…
Despite Hermes Deal Failure Remarks, EGX 30 Crosses 5260 Pts; Midday
During Thursday’s midday session, the Egyptian Exchange (EGX) has posted remarkable gains of EGP 2.6 billion backed…
Egypt’s Regulator Says Turned Down Hermes Deal On QInvest’s ‘Limited Expertise’
Egypt’s financial regulator - the Egyptian Financial Supervisory Authority (EFSA) announced on Thursday that it has…
Orascom Construction’s Iowa Issues $1.2 Bln Bonds In US Tax-Exempt Market
Iowa Fertilizer Company LLC (Iowa Fertilizer), a wholly owned subsidiary of Orascom Construction Industries…
Misr Life Insurance 9-Month Direct Premiums Hit EGP 1.307 Bln
Misr Life Insurance Company achieved direct premiums of EGP 1.307 billion during the first nine months of FY…