NBE Mulls Granting EGP 250 mln Credit Facilities for Egypt’s BMIC
The National Bank of Egypt (NBE) is considering to grant credit facilities worth EGP 250 million for Building…
Egypt Shares Gain EGP4 bln, Benchmark Surges to 5245 at Close
Egypt's stocks closed higher on Monday posting gains totaled EGP 4 billion. The main gauge has ended above 5245…
Controversial Constitution Articles to Be Settled by 75% Vote
The 50-member constitution committee agreed on Monday that controversial articles will be settled by a 75 percent…
EFG-Hermes to Showcase Investments in 21 Local Firms to 90 Global Entities
EFG-Hermes Holding (HRHO.CA), a leading investment bank in the MENA region, will organize its third annual…
CBE Offers its 100th FX Auction to Egypt Banks
The Central Bank of Egypt (CBE) has offered today its first foreign exchange auction for this week totaled US$ 40…
Egypt’s Foreign Minister to Visit Russia in Mid-Sept
Senior sources have asserted that the Egyptian Foreign Minister, Nabil Fahmy will pay a visit to Russia in…
Telecom Egypt to Pump Fresh Investments to Call Centers, Customer Services
Telecom Egypt - TE (ETEL.CA) is planning to pump more investments in call center and customer services among…
BG Group Drops Most in 10 Months on Egypt, Norway Delays
BG Group Plc (BG/) fell the most in 10 months in London trading after saying project delays in Egypt…
OCI N.V. Gets Egypt Regulatory Nod to Bid for OCI’s Remaining Shares
Egypt’s financial regulator – the Egyptian Financial Supervisory Authority (EFSA) has approved a request submitted…
Orascom Telecom Wins 3G License for $105 mln in Bangladesh
Orascom Telecom Holding (ORTE.CA) announced on Monday that its Bangladesh-based affiliate Banglalink was among the…