Omran: EGX Suspends Trading In OCI’s Stock On Tax Fraud Claims
The Egyptian Exchange Chairman Mohamed Omran said the bourse has suspended trading in Orascom Construction…
NBE Finances SMEs With EGP 890 Mln In Q1
The National Bank of Egypt (NBE) offered finances worth EGP 890 million for small and medium enterprises (SMEs) in…
Taxes Authority To Probe OCI’s EGP 14 Bln Tax Fraud
The Egyptian Tax Authority has decided to call the Egyptian tycoon Onsi Sawiris and his son Nassif Sawiris to start…
Angela Merkel Hails Greece Austerity Measures
German Chancellor Angela Merkel has called on the Greek government to stay on the “tough path” of harsh austerity…
French Police ‘Find Bomb Material’
French police found bomb-making materials during an investigation into radical Islamist suspects arrested at the…
China’s Central Bank Governor To Skip Key Meeting In Japan
The governor of China's central bank has pulled out of the International Monetary Fund (IMF) and World Bank…
Misr Insurance Plans Medical Insurance Expansion In Arab Countries
Misr Insurance Company plans to expand in the medical insurance sector in the Arab markets soon in collaboration…
Centamin Maintains 2012 Target Despite Q3 Drop
Egypt focused-goldminer Centamin said it was on course to meet its full-year output guidance for 2012, shrugging…
Egypt Banks Likely To See Improved Lending Activities In 2013 – KFH
Kuwait Finance House (KFH) said in a report that Egyptian banks have faced a challenging operating environment…
Egypt Urban Consumer Prices Up 6.2 Pct In Year To Sept
Egypt's urban consumer inflation was 6.2 percent in the 12 months to September 2012, compared to 6.5 percent in the…