Egypt’s Junta to make Limited Cabinet Reshuffle
Egypt's military rulers will replace four ministers in a limited cabinet reshuffle that will be announced…
Inflation Rate, External Debt Are Expected To Raise; Former CBE’s Governor
Dr. Mahmoud Abul Eyoun, Professor of Economics at University of Zagazig and Chief Economic & Financial Advisor…
Rania Al-Mashat: Comprehensive Economic Policy Is A Must To Restrain Inflation
Rania Al-Mashat, sub governor and chief of monetary policy division at Central Bank of Egypt, said economic growth…
QInvest To Pay EGP 360 Mln For EFG-Hermes Asset Management
Qatar’s QInvest will pay EFG-Hermes Holding (HRHO.CA) EGP 360 million ($60 million) for 60% of its stakes in Asset…
Amr Moussa: Next President Must Keep Parliament
Amr Moussa, the presidential candidate, said “the coming president shouldn’t dissolve the parliament and the…
Allianz CEO: Europe Stimulus Programs May Widen Deficit
Programs to spur the economy in euro zone debtor countries are risky if they are financed through more deficit…
Ezz’s Appeal Rejected
Egypt’s top appeals court rejected an appeal by businessman Ahmed Ezz against his conviction and sentencing for…
Kuwait Bourse To Launch New Trading System Sunday
Kuwait Stock Exchange (KSE) is to launch next week a new trading system and a new index for the most capitalised…
Foreign Reserves To Rise On Better Economy
Egypt’s prime minister said he expects net international reserves to climb in coming months on the back of…
CBE: RRR Depends On Liquidity
Central Bank of Egypt will use all tools available to meet the liquidity requirements of local banks, said Rania…