Europe Stocks Rise After Greek Debt Deal
European stock markets rose on Tuesday, after euro-zone finance ministers early in the morning struck a deal on…
Asia Stocks Rise On Greece Deal; Shanghai Slides
Asian markets mostly rose Tuesday after Greece’s creditors agreed to extend more financial aid to the debt-struck…
Royal Insurance Grants United Construction EGP 169,000 Benefit
The Royal Insurance Company has granted United Construction Company, subsidiary of Hassan Allam Sons, benefit of…
Mohamed Morsi Likely Becomes Time’s Person Of 2012
Egyptian President Mohamed Morsi is included in the nominations of the US-based Time's Person of the year 2012. The…
EGX 30 Falls 0.96%, Opens Below 5000 Pts On Local Selling Pressures
During Tuesday opening session, the Egyptian Exchange (EGX) has posted losses of EGP 1.5 billion as the capital…
EFSA Receives 43 Complaints Against Insurance Companies, Govt. Insurance Funds
The Egyptian Financial Supervisory Authority (EFSA) has received 43 complaints against insurance companies and…
EU To Unfreeze Egyptian, Tunisian Assets
The European Union announced Monday it was lifting its asset freeze on Egyptian and Tunisian funds, imposed as…
CBE Exempts Four Banks From Applying Basel II Standards
The Central Bank of Egypt (CBE) announced that four banks working in the country would be exempt from having to…
Clinton Keeps Up U.S. Pressure Over Egypt’s Political Crisis
Secretary of State Hillary Clinton spoke with Egyptian Foreign Minister Mohamed Kamel Amr on Monday to underscore…
Egypt’s Morsi Tells Judges Decree Limited In Scope
Egypt's president agreed on Monday that only his decisions related to "sovereign" matters would be protected from…