NSGB Seeks To Acquire NBE’s Equity In SOGELEASE
National Société Générale Bank (NSGB) is in talks with the National Bank of Egypt (NBE) to acquire the latter’s…
EGP23 bln Chinese Products Permeate Egyptian Market In 2012
The Chinese products imported by the Egyptian market amounted to EGP 23 billion in 2012, from January to August.…
Lakah Tops Over-The-Counter Value Traded, Souhag National Leads Downwards
On Wednesday, Egyptian Exchange’s Over-The-Counter (OTC) trading have witnessed collective downwards except for…
ASEC Engineering Wins Renewal of Misr Qena Cement Agreement
ASEC Engineering, a portfolio company of ASEC Holding, has won a second 10-year contract for the technical…
Talaat Moustafa Group In Talks With AAIB Over EGP 1.2 Bln Loan
The Talaat Moustafa Group (TMG) Holding is conducting negotiations with a number of banks to receive a long-term…
Libya: Thousands Mourn Gaddafi ‘Captor’ Omran Shaaban
More than 10,000 people gathered to mourn one of the Libyan rebels credited with capturing ex-leader Muammar…
Iran Unveils ‘Indigenous’ Drone With 2,000km Range
Iran has unveiled what it says is a new "indigenous" long-range unmanned drone capable of flying over most of the…
Ronnie Wood Auctions Rolling Stones Memorabilia
Rolling Stones guitarist Ronnie Wood and ex-wife Jo Wood are auctioning off their shared collection of art and band…
HSBC Vows To Strengthen Money-Laundering Controls
HSBC’s Retail Banking and Wealth Management Units work in compliance with the international supervisory and…
HSBC To Launch A Mobile Banking Service In Egypt
In a media roundtable held Wednesday morning and attended by Francesca McDonagh - HSBC’s Regional Head of Retail…