HSBC Warns Money-Laundering Fines Could Top $1.5bn
HSBC is braced for fines from the US authorities of at least $1.5bn (£940m) – one of the largest in the financial…
OCI Says Fertilizer Plants To Restore Gas Supply In 7 Days
Egyptian group Orascom Construction Industries – OCI (OCIC.CA) has stopped two fertilizer production lines at its…
EGX 30 Climbs 1.80%, Nears 5570 Pts; Opening
During Tuesday opening session, the Egyptian Exchange (EGX) has posted early gains of EGP 4.2 billion as the…
Deposits Held By Banking Sector Rose To EGP 1.035 Trillion In August
The volume of deposits held by the Egyptian banking sector witnessed an increase of EGP 46.457 billion (4.7%) in…
OTMT Runs Alfa’s 4G-LTE Service Launch In 2013
In a new technological achievement, Alfa, the first Lebanese mobile operator managed by Orascom Telecom Media and…
Alzheimer’s Detected Decades Before Symptoms
Some of the earliest signs of Alzheimer's disease have been found in the brain, more than two decades before the…
Belfast Cat Hitches Lift To Londonderry Under Car Bonnet
A Belfast cat has used up at least one of its nine lives after it hitched a ride to Londonderry under the bonnet of…
Egypt’s Local Liquidity Up To EGP 1.115 Trillion In August
The Central Bank of Egypt (CBE) stated that the local liquidity rose by EGP 13.3 billion (1.2%), registering EGP…
Iraq Emerges As Growth Hotspot In Mena
Iraq is poised to be the next regional hotspot and local marketers are urged to fast get to grips with the nuances…
Credit Facilities Offered By Banks Hit EGP 505.5 Bln In August: CBE
The Central Bank of Egypt (CBE) has issued a report indicating that the value of credit facilities offered by the…