MOF Got EGP 2.1 bln of Tax Arrears Last May
Egyptian Tax Authority was able to collect, at the end of May, EGP 2.1 billion tax arrears due to the state by the…
Islamic Development Bank To Launch $600 Mln Food Fund
The Islamic Development Bank (IDB) is partnering with Dutch asset manager Robeco to launch a $600 million food and…
CBE Approves The Launch Of AIB’s Shield Investment Fund
Arab Investment Bank (AIB) received the Central Bank of Egypt’s approval on launching Shield investment fund with…
OTMT To Pay EGP 1.05 Dividends Amid Mobinil Sale, Net Profits Hit EGP 4.56 Bln
Egypt's Orascom Telecom Media and Technology (OTMT.CA) said on Tuesday it would distribute a 1.05 Egyptian pound…
Orascom Telecom Media Approves Khaled Bichara’s Resignation
During its BOD meeting, Orascom Telecom Media And Technology Holding (OTMT.CA)has announced Tuesday that the…
Fitch Affirms Saudi Arab National Bank’s Rating At A; Outlook Stable
Fitch Ratings has affirmed Arab National Bank's (ANB) Long-term Issuer Default Rating (IDR) at 'A' with a Stable…
EGX Main Index Nears 4500 Pts; Orascom Telecom Media 9.32% Up; Midday
The Egyptian Exchange (EGX) had on Tuesday midday posted gains of EGP 2.51 billion as the capital market…
National Bank of Oman Approves Proposal For Conducting Islamic Banking Operations
National Bank of Oman (NBO) said its shareholders have approved a board proposal to start Islamic banking window…
NILEX Shares Mostly Flat; Utopia Solely Up
On Tuesday, NILEX’s listed shares have witnessed an unsteady performance amidst trading in 6 securities in which5…
Al-Qaeda Fighters Leave Yemeni Town Of Jaar
Al-Qaeda fighters have withdrawn from the southern Yemeni town of Jaar after the army intensified its offensive to…