FEI Discusses Decreasing Reliance on Petroleum
During its 8th meeting last week, board of Federation of Egyptian Industries (FEI), headed by Galal El Zorba,…
Egyptian Exchange Loses EGP 4.7 Bln On Midday
On Sunday’s midday session, the EGX lost EGP 4.71 billion as the capital market has reached EGP 343.779 billion by…
Crédit Agricole Egypt Announces Its Q1 2012 Financial Results
Following the bank’s recent announcement of its financial results for Q1 2012, Mr. François-Edouard Drion, Chairman…
NILEX Shares Mostly Flat, PSAD Solely Up
On Sunday’s trading, NILEX’s listed shares have witnessed unsteady performance amidst trading in 7 securities in…
Abou Al Fotouh tops Candidates in UAE
As the results of the Egyptian presidential elections in the UAE were announced late on Friday, 40,443 out of…
BDAC Negotiates With SFD Over EGP 100 Mln Contract
Bank for Development and Agricultural Credit (BDAC) is negotiating with Social Fund for Development (SFD) over…
Swiss Authorities Report ‘Suspicious Activities’ in Egypt
The Money Laundry Reporting Office in Switzerland (MROS), part of the Swiss Federal Police, has said it had…
Bee Signs with AMIG for Home Security Certificates
Rising from its permanent search to introduce new services and in consideration to the current security issues; Bee…
Italy’s Monti Suggests Bank Guarantee Plan
Italian Prime Minister Mario Monti took a plan to create a European system to guarantee bank deposits to the G8…
IDBE To Sign EGP 25 Mln Contract With SFD
Industrial Development and Workers Bank of Egypt (IDBE) intends to sign a new contract with Social Fund for…