Dollar Inches Down, Aussie Rises After Rate Cut
Most major currencies held in a tight range during Asian trading hours Tuesday, with the dollar edging slightly…
Gold Drops $14, Inches Closer To $1,700 An Ounce
Gold futures moved sharply lower on Tuesday, with investors remaining cautious as budget talks in the U.S. appeared…
Asia Stocks Mostly Lower, As Data Disappoint
Most of Asia’s major stock markets ended flat to lower Tuesday, weighed down by weak global manufacturing data,…
EGX30 Climbs 2.84%, Nears 4970 Pts; Midday
During Tuesday midday session, the Egyptian Exchange (EGX) has posted gains of EGP 5.5 billion as the capital…
Egyptian Arab Land Bank Contributes EGP 100 Mln To MAF Loan
The Egyptian Arab Land Bank’s board of directors has given final approval last week to contribute EGP 100 million…
Erkan: WFE Targets More Advocacy For Money Market Within Coming Period
On the sidelines of the ASEA's 16th Annual Conference 2012, Hüseyin Erkan - CEO of the World Federation of…
Pregnant Kate Spending Second Day in Hospital
The Duchess of Cambridge is beginning a second day in hospital for treatment for severe morning sickness. The…
Ahli United Bank Offers Alexandria Portland Cement EGP 250 Mln Credit Facility
Ahli United Bank has provided Alexandria Portland Cement Company with revolving credit facility worth EGP 250…
12 newspapers, 5 TV Channels Strike For Freedom of Expression
Twelve Egyptian newspapers and five TV channels announced that they will go on strike for one day to…
Egypt Still Searching for a Way: MD of Misr Capital Investments
Sherif Samy, managing director of Misr Capital Investments – 99% owned by Banque Misr – and a member of the…