Europe Stocks Off, Italy’s Political Woes In Focus
European stock markets opened lower on Monday, with Italian banks leading the drive south, after Mario Monti,…
Egypt President Morsi Halts Tax Hikes, Calls For Dialogue
Egypt President Mohamed Morsi has retracted his Sunday decisions to increase tax burdens on the Egyptian people,…
Misr Travel Search For Partner To Develop “Magawish” Town
Misr Egypt is mulling over having a partnership with the private sector or a bank to develop "Magawish" town in…
Egypt’s Local Liquidity Rose EGP 30 Bln In Q1
The Central Bank of Egypt (CBE) stated that the local liquidity rose by EGP 29.9 billion (2.7%) to reach EGP 1.12…
Egyptian Exports Rose By 6% In November
The Egyptian exports started to hike last November, after they dived by 22% in October. The Egyptian exports…
Banque Du Caire’s Credit Portfolio Hits EGP 11.7 Bln
Banque Du Caire’s portfolio of loans and credit facilities (including corporate and SME finances) reached EGP 11.7…
Egypt Offers 91-,266-Day T-Bills Worth EGP 5 Bln
The Egyptian Ministry of Finance announced that it has offered EGP 5 billion treasury bills in an auction today.…
A Lawsuit Filed Against Members Who Withdrawn From Egypt’s Constituent Assembly
On Sunday, Dr Hamed Sedeek, Researcher at the National Research Centre (NRC), filed a lawsuit before the…
Wataniya Telecom Gears Up For 4G Launch
Wataniya Telecom, a leading telecom services provider in Kuwait, said it has begun the test phase of its ultrafast…
Barclays Bet Lives Up To Rich Billing For Qatar
A massive bet on Barclays is living up to its rich billing for Qatar. The complex 3.4 billion pound investment in…