EGX 30 Ends Above 5235 Pts, Market Awaits IMF Accord, OCI Tax Clues
The Egyptian Exchange (EGX) has pared its midday gains driven by the foreign selling pressures. The EGX has gains…
Egypt’s Antiquities Starting Swap Debt Program With Italy
The Egyptian Minister of Antiquities, Mohamed Ibrahim, has confirmed that the agreement, which was signed today…
Banks’ Securities Portfolios Drop EGP 6.2 Bln For 1st Time In 2 Years
The securities portfolio held by local banks registered a retreat of 1% (EGP 6.256 billion) for the first time in…
NBE Rejects Adly Ayoub’s Offer To Settle Lakah’s Debt For Property Assets
The National Bank of Egypt (NBE), Al Baraka Bank of Egypt and Arab African International Bank (AAIB) will turn down…
OCI Says Reaches ‘Advanced Stage’ In Talks With Egypt Tax
Orascom Construction Industries (OCIC.CA) announced that it has reached an advanced stage with Egyptian Tax…
EGX 30 Snaps Two-Day Down, Nears 5255 Pts; Midday
The Egyptian Exchange (EGX) has posted remarkable gains of EGP 1.9 billion during Tuesday's midday session backed…
Kuwaiti Dinar Jumps Against Egypt Pound To EGP 25; Early Trading
The Kuwaiti dinar has hit a new remarkable record against the Egyptian pound during the early trading of Tuesday.…
Dollar Steadies Against Egypt Pound, Yen Surges 1%: Early Trading
During the early trading of Tuesday, the US dollar’s exchange rate steadied against Egyptian pound in banks at EGP…
Etisalat Egypt Starts Activating Mobile Money Transfer With NBE & Banque Misr
Etisalat Egypt will start activating mobile payment and money transfer services in cooperation with the National…
Egypt Customs’ Acting Head Sacked… New President Names Within Hours
Dr Hesham Kandil, Egypt's Prime Minister, has decided to sack Mohamed Abdel Maksoud El Salhouy, Acting Chairman of…