Hisham Tawfik Slams EGX For Collecting Fees From Investors
Hisham Tawfik, Chairman of Arabeya Online Brokerage (AOLB) and Board Member of the Egyptian Exchange,…
Egypt Offers 182-,364-Day T-Bills Worth EGP 5.5 Bln
The Egyptian Ministry of Finance announced that it has offered EGP 5.5 billion treasury bills in an auction today.…
Egyptian-Turkish Council To Receive Turkish Delegation On Sunday
The Egyptian-Turkish Business Council will convene a meeting next Sunday with a number of Turkish businessmen to…
United Bank To Finance Membership Subscriptions To Aerosport Club
The United Bank Egypt has signed an agreement today to offer sharia-compliant loans to the members of Aerosport…
EGX 30 Ends Week 0.16% Lower Ahead of Saturday’s Pro-Morsi March
During Thursday closing session, the Egyptian Exchange (EGX) has ended this week by posting gains of EGP 1.3…
Egypt Imposes 6.8% Precautionary Fees For Imported Iron
Egypt’s Minister of Industry and Foreign Trade Hatem Saleh has issued a decree in regard to impose precautionary…
Barclays Egypt’s 9-Month Loans Up 16.3%
Barclays Bank Egypt’s portfolio of loans and credit facilities surged by EGP 915.7 million (16.3%), registering EGP…
Industry Grants New Licenses to EGP4.3 bln Chemical Investments
Egyptian Ministry of Industry and Foreign Trade has issued licenses for 267 new industrial facilities in the…
Tourism Coalition: Protests Over Morsi’s Decisions Cancel Winter’s…
Egyptian Tourism Coalition has affirmed that the news disseminated about the million-man march of Muslim…
Misr Insurance Insures Nile Ritz-Carlton With EGP 500 Mln
Misr Insurance Company will insure Nile Ritz-Carlton (former Nile Hilton) for a year with value of EGP 500 million,…