NBE Finances White Taxi Project Phase III With EGP 150 Mln
The National Bank of Egypt (NBE) targets to contribute EGP 150 million to the loans offered to finance the third…
Iraq Offers 3-Month Credit for Egypt Oil Deal
OPEC member Iraq has agreed in principle to offer cash-strapped Egypt 4 million barrels of crude a month on a!-->>!-->>!-->>…
Egypt says Qatar asking 5 pct interest on $3 bln bonds
Qatar is asking for 5 percent interest and an 18-month maturity on $3 billion in bonds it has offered to buy from…
Finance Ministry Raises EGP 1 Bln In T-Bonds On Monday
The Egyptian Ministry of Finance sold 5- and 7-year treasury bonds worth EGP one billion on Monday. The yields on…
EGX 30 Ends Below 5200 Pts On Pending OCI, Hermes & IMF Deals
The foreign selling pressures have driven the Egyptian Exchange (EGX) to incur losses for the second day in a raw.…
Gamal Bayoumi: Egypt Faces Political Crisis Not Economic One
The Chairman of the Arab Investors Union, Ambassador Gamal Bayoumi, said that what is being disseminated about…
Egypt Resumes Talks With IMF Via Video Conference
Egypt will resume negotiations with the International Monetary Fund (IMF) over the long-awaited US$ 4.8 billion…
Egypt-Turkey Bourse Alliance Comes Into Force By Sept-End: Official
The anticipated joint trading project between the Egyptian and Turkish stock exchanges will come into effect by the…
Egyptian Indonesian Council To Be Reshaped Next May
Mohamed Baraka, Chairman of the Egyptian Indonesian Business Council, has affirmed that the Egyptian Indonesian…
Abu Dhabi Islamic Bank Egypt Achieves EGP 10.2 Mln Net Profit In Q1
Abu Dhabi Islamic Bank – Egypt achieved profitability in the first quarter of 2013 for the first time in its…