EGX Losses EGP 918 Mln, Hermes 1.18% Down; Monday Closing
The Egyptian Exchange (EGX) had on Monday’s closing posted losses of EGP 918 million as the capital…
Khairat Al-Shater To Seize 87.3% Safir Hurghada Hotel
Reliable sources have told Amwal Al Ghad that the Egyptian tycoon Khairat Al-Shater, the former Muslim…
Asian Markets Worries Mount Over Growth
Asian shares tumbled, as investors dumped risky assets, rattled by growing concerns about the global economic…
Portugal’s BPI Bank Asks For 1.3 Bln Aid
The Portuguese bank BPI has reportedly asked for 1.3 billion euros in public aid to comply with the principles laid…
Giza Court Adjourns “Ahmed Ezz” Case Till Wednesday Session
Giza Criminal Court in Tagamou El-Khames, headed by Judge Mohamedi Konsowa, and the two judges Mohamed Gad Abdel…
Wethaq Takaful Insures SFD For EGP 500 Mln
Wethaq Takaful Insurance Company has signed the insurance policy covering Social Fund for Development for EGP 500…
EALB Injects EGP 1 Bln In Corporate Loans Portfolio In 2012/13
Egyptian Arab Land Bank (EALB) said it has injected about EGP one billion in its corporate loans and credit…
Egyptian Exchange Posts Humble Gains; Monday Midday
The Egyptian Exchange (EGX) had on Monday’s midday posted humble gains of EGP 50 million as the capital…
NBE Launches 7 New Branches This Year
The National Bank of Egypt (NBE) plans to launch seven new branches, increasing its network of branches to 266…
Chinese Central Bank Chief Affirms Support For Euro Zone
China's central bank chief said the country will continue to invest in euro zone government debt and other assets…
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