Dollar On Firm Footing; Euro Hits 2-Month Low
he dollar continued to steam ahead Thursday, buoyed by jitters over the so-called U.S. fiscal cliff and Europe’s…
Egypt Awards First Oil Licences Since Revolution
Royal Dutch Shell, RWE and TransGlobe Energy have won concessions in Egypt's first licensing round since the 2011…
TMG’s Nine-Month Consolidated Net Profit Down 12.2%
Egyptian property developer Talaat Moustafa Group (TMGH.CA) has reported a 12.2 percent fall in nine-month net…
QNB Group Announces Successful Completion Of Its US$1.0 Billion Bond
Qatar National Bank (QNB) Group announced on Thursday the successful completion of a bond issuance under its Euro…
Egypt’s NSGB Reports 10 Pct Rise In Q3 Net Profit
National Societe Generale Bank (NSGB), Egypt's second-biggest private sector bank by market capitalisation,…
Egypt ‘Following Up’ On Nationals Detained In Kuwait: Presidential Adviser
Egypt's presidency on Sunday announced that Ayman Ali, President Mohamed Morsi's advisor for expatriate affairs,…
Egyptian Gulf Bank 9-Month Net Profit Up 152.6%
The Egyptian Gulf Bank's (EGB) net profit witnessed a remarkable increase of 152.6% in the first nine months of…
Yield On Egyptian Dollar CDs Hit US$ 6 Mln This Week
The yield on the Egyptian dollar certificates of deposit, launched by banks in seven Arab countries, reached US$ 6…
BNP Paribas Egypt Due Diligence Completed, Winner Named Soon
An official source at the Central Bank of Egypt (CBE) said the due diligence process on BNP Paribas Egypt was…
EGX 30 Surges 0.31%, Ends Above 5580 Pts
During Wednesday closing session, the Egyptian Exchange (EGX) has turned its early losses into gains of EGP 554…