Egypt Allocates USD850m For New Cities Infrastructure In 2013
The Egyptian finance ministry has decided to allocate EGP 5 billion (USD 850 million) for infrastructure projects…
Egypt’s Alcotexa: 1.016 Tons Cotton Sold In Past Week
Egypt's Alexandria Cotton Exporters' Association (Alcotexa) committed to sell 1,016 tons of cotton in the week that…
Banque Misr Receives EGP 6.3 Bln Capital Injection
The Egyptian government has decided to provide Banque Misr with EGP 6.3 billion (US$1.04 billion) in capital…
Oman’s Bank Nizwa Sees First Profit In 2014
Omani Bank Nizwa sees a maiden profit two and a half years after the start of its operation planned next month,…
NILEX Annual Day To Be Launched By July 9
The Egyptian Exchange (EGX), Dr. Mohamed Omran – Chairman, will be launching on July 9th NILEX’s Annual Day on…
US Lawmakers: Romney Should “Distance Himself From Bush”
Republican lawmakers say Mitt Romney should distance himself from former President George W. Bush. Such a move,…
BBK Receives Hawkamah Bank Corporate Governance Award
Bank of Bahrain and Kuwait (BBK), Bahrain's pioneer in Retail and Commercial Banking, was awarded and recognized…
Netanyahu Demands Egypt’s President to Keep Israel-Egypt peace treaty
Israeli Prime Minister Benjamin Netanyahu has appealed to Egypt's new president Mohamed Morsi to honor the 1978…
Geneva Meeting Concludes Agreement on Syrian-led Transition
Ministers attending the Action Group meeting on Syria that concluded in Geneva on Saturday have agreed upon a set…
Correction: Concerning ABC Opening Its First Islamic Branch In Cairo
Amwal Al Ghad recently published a wrong story stating that Central Bank of Egypt approval granted to Arab Banking…
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