PBDAC Negotiates With SFD Over EGP 100 Mln Murabaha Contract
The Principal Bank for Development and Agricultural Credit is in talks with the Social Fund for Development (SFD)…
EGX Mulls Joint Trading Mechanisms With Turkish Counterpart
The Egyptian Exchange Chairman has said on Sunday the bourse is studying mechanisms for joint trading with Istanbul…
NBE Cancels Plan To Finance Fish Farms
The National Bank of Egypt (NBE) said it will not finance fish farms to avert possible problems in the future after…
Romney Ups Criticism Of Obama’s Second-Term Plans
Heading into the campaign's final weeks, Republican presidential candidate Mitt Romney is upping his…
EGX 30 Opens Below 5800 Pts
During Sunday opening session, the Egyptian Exchange (EGX) has posted early losses of EGP 36 million as the capital…
US Denies Iran Nuclear Talks New York Times Report
The White House has denied a report in the New York Times saying that Iran had agreed to one-on-one negotiations…
Orascom Telecom’s Name Changed, Signs Services Agreement With Vimpelcom
Egypt's Orascom Telecom Holding (OTH) (ORTE.CA) and its Russian parent Vimpelcom have agreed to provide one another…
Flydubai Takes Delivery of First EX-IM Bank Financed Aircraft
Flydubai, Dubai’s innovative low-cost airline, has taken delivery of the first of three Boeing 737-800NG aircraft…
Emirates NBD First Mideast Bank In China
EMIRATES NBD, a leading bank in the Middle East region, became the first Middle Eastern bank to extend operations…
Libya: Confusion At Fate Of Gaddafi Aide Moussa Ibrahim
A senior Libyan official has cast doubt on an earlier statement that Moussa Ibrahim, the spokesman for late leader…