NBE Injects EGP 180 Mln Credit Facilities For A Hurghada Hotel
The National Bank of Egypt (NBE) plans to inject new credit facilities of EGP 180 million to a 440-room hotel in…
Dubai’s Arqaam To Buy Libya Financial Services Firm
Arqaam Capital, a Dubai-based emerging market investment bank, has agreed to buy a financial services firm in Libya…
Qatari Barwa To Sell Assets Worth $4.4 Bln In Qatar, Egypt
Barwa Real Estate plans to sell assets worth 16 billion riyals ($4.4 billion) in Qatar and Egypt to pay down loans,…
Morsi Says 70% Of Promises Achieved
Egyptian President Mohamed Morsi said on Saturday he had fallen short of goals he promised to fulfill in his first…
Omran: KSA Seizes 41% of Arabs’ Total Investments in EGX
The Saudi investors have managed to lead the Arabs’ investments in the Egyptian Exchange (EGX) for the fourth year…
Islamist Cleric From Britain To Appear In U.S. Court
Islamist cleric Abu Hamza al-Masri will appear before a federal judge in New York on Saturday after Britain…
‘Woolly Mammoth Of The Century’ Found
An 11-year-old boy from a nomadic family in Russia’s north has stumbled upon a massive well-preserved woolly…
ASEC Cement: $800 Mln Production Capacity Boost For Algerian Plant
ASEC Cement Holding (ACH) – the investment arm of ASEC Group and cement platform of Citadel Capital – said it will…
Egypt’s Morsi To Attend Annual Celebrations On October War Victory
Egypt’s newly-elected President Mohamed Morsi will be attending the annual celebrations to mark the 36th…
IMF’s Lagarde Says Team’s Visit to Egypt Has ‘No Preconditions’
International Monetary Fund Managing Director Christine Lagarde said on Saturday there are no preconditions for the…