EGX Loses EGP 3.8 Bln; Closing
On Thursday’s closing session, the EGX lost EGP 3.8 billion as the capital market has amounted to EGP 348.488…
Limbless Frenchman starts World Swim
A Frenchman who lost his limbs in an accident has completed the first part of his challenge to swim between five…
Chartis Reports EGP 300,000 Personal Accident Premiums In May
Chartis Egypt Insurance Co. registered underwritten premiums of EGP 300 thousand in personal accident insurance…
Kuwait’s Ruler rejects Islamic Law Proposal
Kuwait's ruler has blocked a proposal by 31 of the 50 elected members of parliament to amend the constitution to…
Exclusive: NBE’s Investment In Govt and Corporate Bonds Recorded EGP 67 Bln In 2011
Sources at National Bank of Egypt (NBE) said the Bank’s investments in corporate and government bonds were…
France’s Finance Minister: EU Fiscal Pact needs Amendment
New finance minister Pierre Moscovici says euro zone pact must be renegotiated to promote growth rather than…
Israeli Company Writes Off Its Entire Stakes In Egyptian Gas
An Israeli company has written off its entire 12.5 percent investment in the company that sold Egyptian…
Local and External Debt Per Capita Register EGP 15,327
Central Bank of Egypt (CBE) said the local and external public debt per capita registered EGP 15,327 at the…
El-Kosayer: SMEs Is “National Security” Matter
Chairman of Industrial Development and Workers Bank of Egypt (IDBE), El-Sayed Mohamed El-Kosayer, affirmed that…
CIB Studies Participation in “KIMA” Loan with $75 mln
Heba Abdel Latif, Director Head of Structured Finance in CIB, said bank studies participating with $ 75 million in…
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