Misr Travel To Renovate Khan EL Khalili Restaurant
Misr Travel, the most important leading travel company in Egypt, has allocated EGP 7 million to renovate the Khan…
EFG-Hermes’s 9-Month Consolidated Profit Falls 19%
EFG-Hermes Holding (HRHO.CA), the biggest publicly traded Arab investment bank, has reported on Monday a 9-month…
Gold Futures Edge Higher As U.S. Dollar Eases
Gold prices on Monday began a new week on a positive note, adding to the modest gains recorded Friday as the U.S.…
Europe Stocks Rally On U.S. Debt-Deal Hopes
European stock markets rallied in early action on Monday, as investors welcomed progress in U.S. debt negotiations…
Oil Adds To Gains As Dollar Drops
Crude-oil futures extended their rise during electronic trading Monday, passing a key technical level as the dollar…
BIG Dives 4.52%, Utopia Tops NILEX’s Value Traded On Monday
On Monday, the Egyptian Exchange of Small and Medium Enterprises (SMEs) – NILEX has witnessed unsteady performance…
Egypt’s Salafists Launch Business Association To Promote “Ethical…
Salafists are moving to form a lobby of businessmen, combined in an association, to promote Islamic Sharia in…
Blom Bank Egypt Mulls EGP 250 Mln Capital Injection In 2013
Blom Bank Egypt considers increasing its issued and paid-up capital by EGP 250 million to reach EGP one billion by…
Cisco to Buy US Cloud Computing Firm Meraki For $1.2bn
Cisco, the world's largest maker of networking equipment, has agreed to acquire the cloud computing company Meraki…
Citadel Bids For EGP 2.5 Bln Gas Supply Project
Ahmed Heikal, Chairman and Founder of leading private equity firm Citadel Capital (CCAP.CA), announced submitting a…