Asia Stocks Trade Mostly Lower On Europe, Earnings
Asia stocks traded mostly lower Thursday, with a downgrade to Spain’s credit rating underscoring Europe’s debt…
Dollar Slips Back In Asia Trading Hours
The dollar slipped against rivals on Thursday, but remained above the 80-point mark after a downgrade of Spanish…
Egypt’s Court Acquits 24 In “Camel Battle” Trial
A Cairo court on Wednesday acquitted 24 former senior Egyptian officials accused of sending men on horseback and…
Egypt Proposes Mortgage Law Changes To Boost Home Ownership
Egypt's financial regulator has proposed changes to the mortgage law to allow remortgaging and higher borrowing…
Draft Egypt Constitution Curbs President’s Powers
The authority of Egypt's head of state will be curbed by parliament, according to a partial draft of the new…
Demands For Loans Sharply Fell After Revolution: Mohamed Ozalp
Blom Bank Egypt was said to impose high interest rates at the time when most banks stopped offering loans, said…
El Sewedy Electrometer Mulls Acquisition On State-owned Electricity Firm In Africa
El Sewedy Electrometer Egypt S.A.E announced Wednesday that it is considering to make an acquisition on a…
Erdogan Calls On Turkish Businessmen To Invest in Egyptian Market
Turkish Prime Minister Recep Tayyip Erdogan received yesterday Eng. Hatem Saleh, Minister of Industry and Foreign…
Omran: EGX Seeks Clarifications From Firms On Retroactive Taxation Claims
The Egyptian Exchange Chairman Mohamed Omran asserted to Al Ahram gazette that the bourse adminstration requested…
GB Auto Says CEO’s Wife To Sell 10 Mln Shares To Sons
GB Auto (AUTO.CA) announced that Ola Lotfy Zaki Wahba, the wife of the company’s CEO Raouf Ghabbour, plans to sell…