Egypt’s Sawiris Eying Brazil’s GVT In T. Italia Bid-Reports
The Egyptian tycoon Naguib Sawiris has offered to buy a stake in Telecom Italia with a view to helping fund the…
Union National Bank Egypt’s Loans Up 18% In 9 Months
The Union National Bank - Egypt’s (UNB) loans surged by 18% during the first nine months of 2012, registering EGP…
EGX 30 Nears 5670 Pts Backed By Arab Buyers
During Tuesday midday session, the Egyptian Exchange (EGX) has posted gains of EGP 1.4 billion as the capital…
Hatem Saleh: EU Puts Egypt On Its Priorities List
The Minister of Industry and Foreign Trade, Hatem Saleh, has affirmed that the government's supporting of the small…
5 Banks Agree To Contribute EGP 1 Bln To MAF Loan
The National Bank of Egypt (NBE) and Banque Misr have received final approvals from the five banks which will…
OTMT Confirms Interest In Med Cable Sale
Orascom Telecom Media and Technology Holding - (OTMT.CA) has confirmed its interest in selling the Company’s…
Zazou Participates In 1st Meeting Of EU-Egypt Tourism Summit
The Egyptian Minister of Tourism, Hesham Zazou, is participating in the first meeting of "EU-Egypt Task Force…
Housing & Development Bank 9-Month Net Profit Hit EGP 199 Mln
The Housing and Development Bank achieved post-tax net profit of EGP 199.4 million at the end of Q3 of 2012,…
Export Development Bank Posts EGP 35.267 Mln Net Profit In Q1
The Export Development Bank of Egypt (EDBE) achieved net profit of EGP 35.267 million at the end of last September,…
Sawiris Italian Comeback Risks Clash With Telefonica
Egyptian billionaire Naguib Sawiris’s plan to re-enter Italy’s telecommunications market risks putting him in…