EGX Ends Trading in Red; Loses L.E 1 Bln
On Thursday’s closing session, the EGX incurred losses of L.E 1.04 billion as the capital market amounted to L.E…
Arab Affairs Committee arrives Gaza over Fuel Crisis
An Egyptian parliamentary delegation has arrived in the Gaza Strip to hold talks with the Palestinian resistance…
Abu Dhabi Invests 37bn Dirham in Al Ain Aviation Project
Abu Dhabi government is planning to pump nearly Dh37 billion into a mega project involving the construction of an…
Ramez And Tenawy Replace Shaheen and Al Wakil at FEB
Federation of Egyptian Banks (FEB) announced that Hisham Ramez, deputy chairman of Commercial International bank…
DP World’s Net Profit Up 82% on Australian operations Sale
Dubai-based ports operator, DP World, said Thursday its full year net profit for 2011 went up 82 per cent to $ 683…
Mixed Reactions to Damas Takeover
Experts are of the opinion that the deal is likely to be a disadvantage to minority shareholders. The takeover of…
Amr Moussa Faults “Constituent Assembly” Formation
The Constituent Assembly in charge of drafting Egypt’s first post-revolution constitution lacks proper…
France bans Muslim Preachers to enter the Country
France said Thursday it had banned four Muslim preachers from entering the country to attend an Islamic conference,…
US Dollar Stabilizes Against Kuwaiti Dinar
Exchange rate of the US dollar against the Kuwaiti dinar stabilized, standing at KD 0.277 ($ 1), the euro also…
Amer: Banks’ Federation Protected Egypt
Tarek Amer, chairman of Federation of Egyptian Banks, said that the continuous cooperation with banks in Egypt has…