Dollar Sandbagged by U.S. Politics, Stocks Put up a Fight
The U.S. dollar sagged to eight-month lows on Thursday as the U.S. government shutdown dragged on with no end in…
Oi, Portugal Telecom to Merge, Creating $17 bln Giant
Oi SA, Brazil’s biggest phone company, agreed to merge with Portugal Telecom SGPS SA to create a trans-Atlantic…
Citadel in Potential Partnerships Talks to Build Mashreq’s Project in Port Said
Citadel Capital (CCAP.CA), the leading investment company in Africa and the Middle East with US$ 9.5 billion in…
Moody’s: Egypt’s Credit Profile Constrained by Economic Dislocation, Political…
In a report published today, Moody's Investors Service says that Egypt's Caa1 sovereign rating with negative…
EU’s Ashton Kicks Off Egypt Visit With Moussa Meeting
European Union (EU) foreign policy chief Catherine Ashton met with the head of Egypt's constitution-drafting body…
Senate Council To Be Elected Separately To Parliament
Egypt's 50 member constitution-drafting committee announced on Tuesday that the Senate Council - replacing the…
Egypt’s Ex-Information Minister To Be Arrested
A Cairo prosecution office on Wednesday ordered the arrest of former information minister Salah Abdel-Maqsoud. He…
EU’s Ashton Meets With Brotherhood Leaders
EU foreign policy chief Catherine Ashton has begun a meeting with Muslim Brotherhood leaders Amr Darrag and Mohamed…
Policewomen Patrol Women’s Carriages On Cairo’s Packed Metro
As crowds increase on Cairo’s underground with the return to school and closure of a central station connecting two…
Egyptian Finance to Raise T-Bills Worth EGP 6.5 bln Tomorrow
The Egyptian Finance Ministry will offer tomorrow 182-and 364 day treasury bills with EGP 6.5 billion. Through its…