Egypt-IMF Talks Stall Won’t Hurt Relations – Minister
The Egyptian Planning Minister, Dr. Ashraf Al Arabi has asserted that halting the negotiations with the…
Global consumer confidence indexed at 94 in Q3 2013, no change from Q2 2013 and an…
Global consumer confidence indexed at 94 in Q3 2013, no change from Q2 2013 and an increase of two points from the…
Samsung Aims to Double its Smartphone Sales in Africa in 2014
Samsung Electronics expects to supply half of the smartphones sold in Africa this year and aims to double these…
CBE Offers $40mln FX Auction on Wednesday
The Central Bank of Egypt (CBE) has offered today its final foreign exchange auction for this week totaled…
On Foreign Selling Pressures, Egypt Shares Lose EGP3.8 bln at Midday
Egyptian stocks incurred losses of EGP 3.8 billion during the midday session of Wednesday driven by foreign selling…
Lecico Egypt Q3 Net Profits Jump 72% To EGP17.5 mln
Lecico Egypt (LCSW.CA) announces its consolidated results for third quarter of 2013. Highlights 3Q 2013 • Lecico…
Egypt Trade Deficit Rose 6.3 % in July Year-on-Year: CAPMAS
Egypt’s trade deficit reached EGP 21.2 billion in July of this year, a 6.3 percent increase compared to the same…
OCI N.V. Extends Re-Opened Exchange Offer for Remaining OCI GDRs Till 19 Nov.
On 30 September 2013, OCI N.V. announced the re-opening of an exchange offer to acquire all of the outstanding…
Egypt is Worst Arab State for Women, Comoros Best: Survey
Sexual harassment, high rates of female genital cutting and a surge in violence and Islamist feeling after the Arab…
Libya’s economy to shrink by 5.1% in 2013, says IMF
Libya’s economy is expected to shrink by 5.1 percent in 2013 due to a wave of strikes blocking oil exports, the…