EFG Hermes Eyes Turkey, Iraq, Libya After Sealing JV
Egyptian investment bank EFG Hermes aims to expand into Turkey, Iraq and Libya and plans to grow its asset…
Islamists Protest In Cairo, Call For Islamic Law
More than 1,000 Islamists rallied in Cairo on Friday and called for the implementation of sharia Islamic law,…
Transglobe Energy Shares Rise On Report Of Egypt Block Wins
Canada's TransGlobe Energy Corp has won four of the 15 blocks on offer in an onshore licensing round in Egypt, oil…
Hurricane Sandy Gas Shortage: Dry Pumps Could Last For Days
Gasoline shortages are hobbling businesses and hampering recovery efforts throughout communities hard hit by…
Apple Slammed Over Samsung Notice
Apple has 48 hours to re-write a statement on its website relating to its design rights dispute with Samsung, UK…
Egypt Moves To Rein In Energy Subsidy Bill
Egypt has taken a first step to getting expensive energy subsidies under control, a key component of an economic…
EGX 30 Falls 3.77% In Week
Egyptian Exchange benchmark EGX30 edged lower by 3.77 % this week, representing a decline of 218.97 points, ending…
World Bank Promises Aid To Burma
The World Bank has approved an $80m (£50m) grant and pledged lending for Burma, the second poorest country in Asia,…
NBE, ITIDA Signed EGP 150 Mln Deal For Financing Small IT Firms
The Information Technology Industry Development Agency (ITIDA) signed a cooperation agreement with the National…
Finance Ministry Offers EGP 6 Bln T-Bills
The Egyptian Ministry of Finance offered treasury bills worth EGP 6 billion in an auction on Thursday. 182-day…