CBE: Money Supply Rose 7.4% Yr/Yr In May
The Central Bank of Egypt (CBE) said on Thursday the M2 money supply rose 7.4% in the year to the end of May. Money…
CBE: Yield On 182-Day T-Bills Rose To A Decade-High Level
The Central Bank of Egypt (CBE) said the average yield on 182-day treasury bills rose to its highest in more than a…
UK Economy Retreats 3% in Q1, 2012
Official figures show the British economy shrank 0.3 precent over the first quarter of 2012, leaving the…
Naeem To Run Takeover Deals Worth $150 Mln This Year: CEO
Youssef Medhat El Far, Naeem Holding Managing Director, said the company will be running some acquisition deals in…
EGX 30 Ends Above 4700 Pts, OTMT 2.07% Up; Thursday
The Egyptian Exchange (EGX) posted gains Thursday closing amounted to EGP 4.66 billion the capital market has…
Egypt’s Court Carries Ex-minister Sameh Fahmy 15-year Sentence
An Egyptian court sentenced former Oil Minister Sameh Fahmy to 15 years in prison on Thursday for selling cheap gas…
IDBE’s Budget Posts EGP 30 Mln Profit In FY 2011/12
The Industrial Development and Workers Bank of Egypt is finalizing the budget of the current fiscal year to be…
IDA To Withdraw Steel License From Indian Arcelor Mittal
Industrial Development Authority (IDA) issued ultimatum to the Indian company Arcelor Mittal, which refuses to…
IDBE’s SMEs Portfolio Surged To EGP 280 Mln In June
The Industrial Development and Workers Bank of Egypt’s credit facilities portfolio offered to SMEs posted an…
Mobinil’s Loan Arrangers To Sign MoU Next Week
The National Bank of Egypt (NBE), Banque Misr, Commercial International Bank (CIB) and HSBC, arranging a loan for…
AfDB 2023