Banque Du Caire Set Aside Precautionary Allocations With EGP 947 mln June-End
The Precautionary allocations set aside by Banque Du Caire at the end of June up EGP 947 million. An official…
IMF Ready To Work With Egypt’s Government: Lagarde
The International Monetary Fund (IMF) is strongly committed to working with the new Egyptian authorities to support…
Egypt Railway Loses $ 33 M Since Mid-August Shutdown
Egypt's railway system has lost LE228 million (roughly $33 million) due to the suspension of passenger services…
GOEIC: Egypt’s Exports Rise 13% In The First 9 Months Of 2013
Egypt’s exports rose significantly, by roughly 13 percent, in the first nine months of 2013, recording EGP 112.3…
Egypt’s Regulator Approves Palm Hills Subscription in Capital Hike
Egyptian Financial Supervisory Authority (EFSA) announced that it approved Palm Hills Development Co. - (PHDC.CA)'s…
Shares in Egypt Gain EGP 779 mln at Open Backed by Foreign Buyers
Egypt's stocks opened slightly higher on Thursday posting gains of EGP 779 million backed by the non-Arab…
OCI Partners LP Closes Initial Public Offering
OCI N.V. announced today that its subsidiary, OCI Partners LP (the “Partnership”), has closed its initial public…
South Korea Charges 100 With Corruption Over Nuclear Scandal
South Korea has indicted 100 people, including a top former state utility official, of corruption in a scandal over…
Dollar Regains Some Footing As Washington Gets Moving
The dollar regained some footing against major currencies on Thursday, as hopes grew of a break in the U.S. fiscal…
BlackBerry Security May Be Key to an ‘Agnostic’ Future
Buried in the avalanche of bad news in BlackBerry Ltd. (BB)’s latest quarterly results was a 32 percent increase…