EGX 30 Inched 0.35% Up In Week On IMF Loan optimism
In a week, the Egyptian Exchange has managed to post slight losses of EGP 731 million. The capital market has hit…
Egypt’s New Central Bank Chief Says Not Worried About Currency
Egypt's newly named central bank chief sought to reassure investors on Thursday there was no need to be worried…
Egyptian President Invited To Iran, Discusses Syria With Visiting Iranian Foreign Minister
Iran’s foreign minister on Thursday invited Egypt’s president to visit Tehran again, a sign of improved relations…
Egypt Names A New Central Bank Governor Amid An Economic Crunch
Egypt’s president on Thursday named a new head for the country’s central bank, after the resignation of the…
Insurance Companies Achieved EGP EGP 230.3 Mln Premiums In Oct. 2012
The Egyptian Financial Supervisory Authority (EFSA) revealed that insurance companies achieved premiums written of…
NBE’s SME Loan Portfolio Hit EGP 10.3 Bln At End Of 2012
The National Bank of Egypt’s (NBE) SME direct and indirect finances registered EGP 8.9 billion and EGP 1.4 billion…
Egypt Imports $1.5 bln Shoddy Goods From China: Expert Says
Dr Salah Gouda, an Economist, and Economic Advisor at the European Commission, has revealed that Egypt imports…
Industrial Development Bank’s SME Finance Portfolio 141% Up In 2012
The Industrial Development and Workers Bank of Egypt’s SME finance portfolio grew by 141% to reach EGP 350 million…
EGX 30 Ends Week 1.92% Lower, Below 5760 Pts On Foreign Sellers
The Egyptian Exchange (EGX) ended this week posting losses of EGP 5.1 billion driven by non-Arab foreigners’…
Dollar Hits EGP 6.54 On CBE’s 8th Day Auction: NBE
The Egyptian pound weakened at a central bank auction of dollars on Thursday, the eighth such sale since it…
