IMF Forecasts 3.4% Growth Rate Of Algeria In 2013
A visiting International Monetary Fund (IMF) official said Sunday the organization expects a growth rate of 3.4…
Israel Airstrikes Target Palestinian Militants In Northern And Southern Gaza
Israeli airstrikes hit Palestinian targets in Gaza overnight, scoring direct hits on a "terror tunnel" and a…
Social Affairs Ministry Allocates EGP 69.5 Mln For Homeless, Refugee Children
The Ministry of Insurance and Social Affairs has allocated EGP 69.5 million of the local and foreign grants to…
Al Baraka Seeks To Inject Sharia-Compliant EGP 100 Mln To MAF Loan
Al Baraka Bank Egypt conducts negotiations with the National Bank of Egypt (NBE) and Banque Misr to contribute EGP…
INTERPOL Is Requested To Arrest Samir Ragab
Egypt's Illicit Gains Authority (IGA), led by Yehya Galal- assistant minister of justice for the authority affairs,…
Naguib Sawiris Is Said To Make Offer For Telecom Italia Stake
Egyptian billionaire Naguib Sawiris, founder of Orascom Telecom Holding SAE (ORTE.CA), offered to…
Telecom Egypt Says Q3 Net Profit Up 3 %
Landline monopoly Telecom Egypt (ETEL.CA) has reported a 3 percent rise in quarterly net profit, at the top end of…
QNB Completes Due Diligence On NSGB; US$2.8 Bln Deal May Close Next Week
Qatar National Bank (QNB) has completed the due diligence on the acquisition of a 77.2% stake valued at about US$…
Arab Insurance Group Swings To Quarterly Profit
Improved performance under its reinsurance portfolio and healthy investment returns saw Arab Insurance Group (Arig)…
CBE Secures 3rd Tranche Of Qatar’s US$ 2 Bln Deposit
The Minister of Finance Momtaz Al-Saeed announced that the Central Bank of Egypt (CBE) received US$ 500 million…