Arab Orient Takaful to Pump EGP 20 mln Paid Up Capital Increase
The Arab Orient Takaful Insurance Company is considering to pump EGP 20 million increasing for its paid up…
EGX 30 Slumps 0.6%, Closes at 5515 pts
Egypt's stocks slumped during the closing session of Wednesday incurring losses totaled nearly EGP 3 billion amid…
OTMT Seeks Regulatory Nod to Extend License for Mena Cable
Egypt’s telecom watchdog stated that Orascom Telecom Media and Technology Holding (OTMT.CA) is seeking to extend…
Renaissance Dam Won’t Harm Egypt; Ethiopia Says
The Ministry of Foreign Affairs urged lower riparian countries to accept the assessment report presented by the…
Egypt’s External Debt Falls to US$38.3 bln in Q3-end: CBE
Egypt's external debt fell to US$38.3 billion at end-March 2013, compared to US$ 38.8 billion by end-December, down…
Misr Insurance Hits EGP 653 mln Premiums Of Motor Sector Within FY12/13
Mohamed Taha, Manager of Motor Insurance sector at Misr Insurance Co, has asserted that his company recorded EGP…
CBE: No Requests Received from National Bank of Oman to Exit Egypt Market
The Central Bank of Egypt has not received any requests from the National Bank of Oman regarding the cancelation of…
SODIC: Ownership of Eastown Land Is Legal, Prices Paid
Six of October Development & Investment (SODIC) - (OCDI.CA) asserted that ownership of Eastown project land is…
Egypt to Launch its Second Zero-Coupon Bonds Next Week
Egypt is planning to launch its second zero-coupon bonds worth EGP 3.164 billion next week. Egypt’s Finance…
CBE Offers $40 mln at 104th FX Auction
The Central Bank of Egypt (CBE) has resumed its first foreign exchange auction FX Auction for buying and selling…