France’s Finance Minister: EU Fiscal Pact needs Amendment
New finance minister Pierre Moscovici says euro zone pact must be renegotiated to promote growth rather than…
Israeli Company Writes Off Its Entire Stakes In Egyptian Gas
An Israeli company has written off its entire 12.5 percent investment in the company that sold Egyptian…
Local and External Debt Per Capita Register EGP 15,327
Central Bank of Egypt (CBE) said the local and external public debt per capita registered EGP 15,327 at the…
El-Kosayer: SMEs Is “National Security” Matter
Chairman of Industrial Development and Workers Bank of Egypt (IDBE), El-Sayed Mohamed El-Kosayer, affirmed that…
CIB Studies Participation in “KIMA” Loan with $75 mln
Heba Abdel Latif, Director Head of Structured Finance in CIB, said bank studies participating with $ 75 million in…
EGX Loses EGP 2.6 Mln, Orascom Telecom 4.31% Down; Midday
On Thursday’s midday session, the EGX lost EGP 2.67 billion as the capital market has amounted to EGP 249.641…
Ambassador Kattan Meets Mohamad Selim Al-Awa
H.E. Ahmad Abdul-Aziz Kattan, Saudi Ambassador to Egypt and permanent representative to the Arab League met…
SODIC’s Forty West Sales Hit EGP 275 Mln
Six of October Development & Investment Company - SODIC - (OCDI.CA) posted EGP 275 million from its sales of…
Viacom, Time Warner Cable Reach Ipad Views Settlement
Viacom Inc, the parent of MTV and Comedy Central, has settled lawsuits with Time Warner Cable Inc over whether…
IMF Warns UAE From $30 Bln Debt
The International Monetary Fund has praised efforts made by the UAE to reduce debt but also warned that the…
