Egypt Life, Misr Insurance Companies Investments Are EGP30 bln
Saeed Gabr, managing director of Misr Life Insurance Company said the size of government insurance companies’…
Egypt Regulator: First Microfinance Law Gets Underway Soon
Egypt's financial regulator has completed drafting the first microfinance law, Amwal Al Ghad has quoted the Chief…
NBE Signs Definitive Deal on Al-Watania Poultry’s EGP200 mln Loan
The National Bank of Egypt (NBE) has signed on a definitive loan agreement to provide EGP 200 million finance,…
ABA, 3 Banks in Talks over Credit Facilities worth EGP290 mln
The Alexandria Business Association (ABA) is negotiating with the National Bank of Egypt (NBE) , Bank of…
Egypt’s SAIB: Q3 Profits Grow by 6%
Egypt-based Société Arabe Internationale de Banque (SAIB) has announced on Monday that the bank’s profits surged by…
CBE Offers its 1st FX Auction of this week at US$40 mln
The Central Bank of Egypt (CBE) has offered today its first foreign exchange auction of this week totaled US$ 40…
European Stocks Retreat After 6-Week Winning Streak
European stock markets moved slightly lower on Monday after scoring a six-week winning streak last Friday, with…
Suez Canal: 2.5 mln Tons on 52 Ships Passed Through Today
Egypt's vital waterway Suez Canal witnessed on Monday the crossing of 52 ships at weight of 2.490 million tons. 27…
Egypt Shares Open Higher on Monday, EGX 30 Nears 6300
Egyptian stocks have opened higher on Monday attaining gains of EGP 1.1 billion bolstered by local net buyers. The…
Second Package of Egypt Stimulus Plan to Launch by Second Half of FY
Dr. Ziad Bahaa El-Din, Egypt's Deputy Prime Minister for Economic Affairs and Minister of International…