Egyptian Exchange Pares It Early Losses to EGP 3.8 Bln; EFG-Hermes 1.15% Up
On Tuesday’s closing, the EGX posted losses of EGP 3.86 billion as the capital market has amounted to EGP 337.084…
Premium Hotel Plots Up For Sale In Dubai Marina
Dubai Marina could soon see a glut of new hotels, with four plots of land currently up for sale and two four-star…
El Baradei Settles His Brother’s Debts of EGP10 Million To EDBE, United Bank
Minister of Housing, Mohamed Fathy El Baradei has signed debt settlement agreements with Export Development Bank of…
Tunisian President Calls for Restituting Ben Ali’s Fund
Tunisian President Moncef Marzouki on Monday urged Switzerland to accelerate the restitution of frozen assets…
Farouk El Okdah Left For London, No Reason Declared
Dr. Farouk El Okdah, governor of Central Bank of Egypt (CBE), left for London, while Adel Abdel Hamid, minister of…
OCI To Sell Gavilon Stake For $605 Mln
Egypt's Orascom Construction Industries (OCI) (OCIC.CA) said on Tuesday it would earn $605 million from the sale of…
Protestors Rally Around Shafiq’s Election Campaign HQ
A group of protestors in Cairo has been rallying Monday around Ahmed Shafiq’s election campaign headquarters in…
Top Greek Banks Received €18 Bln Support
Greece handed 18 billion euros (14.39 billion pounds) to its four biggest banks on Monday, the finance ministry…
Softbank Unveils Post-Fukushima Radiation Smartphone
Mobile phone operator Softbank Corp said on Tuesday it would soon begin selling smartphones with radiation…
Westlife Farewell Concert to be Shown in Cinemas
The farewell concert by Irish pop band Westlife is to be screened live to cinemas in the UK and Ireland and across…