Europe Stocks Rally On U.S. Debt-Deal Hopes
European stock markets rallied in early action on Monday, as investors welcomed progress in U.S. debt negotiations…
Oil Adds To Gains As Dollar Drops
Crude-oil futures extended their rise during electronic trading Monday, passing a key technical level as the dollar…
BIG Dives 4.52%, Utopia Tops NILEX’s Value Traded On Monday
On Monday, the Egyptian Exchange of Small and Medium Enterprises (SMEs) – NILEX has witnessed unsteady performance…
Egypt’s Salafists Launch Business Association To Promote “Ethical…
Salafists are moving to form a lobby of businessmen, combined in an association, to promote Islamic Sharia in…
Blom Bank Egypt Mulls EGP 250 Mln Capital Injection In 2013
Blom Bank Egypt considers increasing its issued and paid-up capital by EGP 250 million to reach EGP one billion by…
Cisco to Buy US Cloud Computing Firm Meraki For $1.2bn
Cisco, the world's largest maker of networking equipment, has agreed to acquire the cloud computing company Meraki…
Citadel Bids For EGP 2.5 Bln Gas Supply Project
Ahmed Heikal, Chairman and Founder of leading private equity firm Citadel Capital (CCAP.CA), announced submitting a…
U.N.’s Ban Visits Egypt Over Regional Issues
U.N. Secretary-General Ban Ki-moon will arrive in Egypt on Monday for talks with the Egyptian president and other…
Egypt Liberals Quit Assembly Drafting Constitution
A number of liberal politicians withdrew on Sunday from the Islamist-dominated assembly drafting Egypt's new…
Syria crisis: Refugee Children ‘Face Winter Risks’
International charity Save the Children has warned 200,000 Syrian refugee children are at serious risk from…