Export Development Bank Posts EGP 35.267 Mln Net Profit In Q1
The Export Development Bank of Egypt (EDBE) achieved net profit of EGP 35.267 million at the end of last September,…
Sawiris Italian Comeback Risks Clash With Telefonica
Egyptian billionaire Naguib Sawiris’s plan to re-enter Italy’s telecommunications market risks putting him in…
Orascom Telecom Endorses Service Agreement Inked With VimpelCom, Ok Rebranding
During their ordinary general meeting held on Monday, shareholders of Orascom Telecom Holding (OTH) (ORTE.CA)…
Moody’s Takes Multiple Actions On Five Egyptian Banks
Moody's Investors Service has today taken actions on five Egyptian banks: (1) National Bank of Egypt SAE, Banque…
EFG-Hermes Tops Euromoney’s MENA Research Poll For 5th Time
In winning this year's award EFG Hermes Research, one of the business lines of EFG-Hermes Holding (HRHO.CA),…
Google’s Music Position ‘Doesn’t Make Sense’ Say Labels
The UK's biggest record labels say a new, legal music service from Google "doesn't make sense" because its search…
Wade Davis’ Everest Book Wins Samuel Johnson Prize
A book about explorer George Mallory's attempt to conquer Everest has been named winner of this year's Samuel…
UAE President Issues Decree To Combat Cyber Crime
United Arab Emirates (UAE) President Sheikh Khalifa bin Zayed Al Nahyan issued a decree on combating cyber crimes,…
Obama Top Aide Meets Israeli Senior Delegation On Iran, Syria
A top national security aide of U.S. President Barack Obama on Monday met with a delegation of senior Israeli…
Sawiris Confirms Interest In Telecom Italia, €5 Bln Bid News ‘Inaccurate’
Naguib Sawiris is interested in Telecom Italia, his spokeswoman said on Monday, adding that a report the Egyptian…