Egypt-US Fund To Boost Its Capital To $180 mln In 3 Years
James Harmon, Chairman of the Egypt-American Enterprise Fund, said the capital of the fund at the current time is $…
EGX 30 Ends This Week In Red Ahead OF Cabinet Reshuffle
The foreign selling pressures have driven the Egyptian Exchange (EGX) to end this week incurring losses of EGP 450…
US Dollar Rises Against Egypt Pound To EGP 6.95 In Banks
On Wednesday, the US dollar’s exchange rate rose against the Egyptian pound to EGP 6.9262 for buying and EGP 6.9563…
Sayed Al Khayati Named President of Egypt’s Customs Authority
A decision of appointing Fouad Sayed Al Khayati as a chairman of the Egyptian Customs Authority, instead of Mohamed…
Finance Ministry Raises EGP 7 Bln In 182-, 357-Day T-Bills
The Egyptian Ministry of Finance sold 182- and 357-day treasury bills worth EGP 7 billion on Wednesday. The…
Egypt-Turkey Clearing House Alliance Awaits Joint Trading Activation
Egypt and Turkey will be soon finalizing the transfer mechanism of funds and securities as soon as the expectant…
Al Araby, (OFID) Sign $65 mln Loans For Two Egyptian Ministries
During his participation in the meetings of the International Monetary Fund (IMF) in Washington, Dr Ashraf Al…
Samsung Filed Complaint To Egypt’s Investment Over Misleading Ads
Samsung Electronics Egypt has filed a complaint to the Investment Ministry and the Customer Protection Agency (CPA)…
EALB Negotiates Defaulter To Settle EGP 45 Mln Bad Debt
The Egyptian Arab Land Bank (EALB) conducts negotiations with a defaulting customer in the medical sector to settle…
AMIG Insures Scimitar Production’s Wells In Ras Ghalib With EGP 1.6 Bln
The Arab Misr Insurance Group (AMIG) signed a contract to insure Scimitar Production Egypt’s oil wells in Ras…