CBE Lowers RRR To 10%, Second Time in Two Months
The Central Bank of Egypt (CBE) said on Sunday it was lowering the reserve requirement on local currency deposits…
UNICEF Furious At Killing 32 children in Syria
The UN Children's Fund (UNICEF) said yesterday that the UN agency is outraged at the latest killing of 32 Syrian…
IDBE To Launch Educational Loan By 2012, H2
Industrial Development and Workers Bank of Egypt plans to launch the “education loan” by the second half of the…
Spain’s Bankia Says It Will Be On Solid Ground After Bailout
The president of troubled Bankia tried yesterday to calm fears about the future of the bank, saying Spain's second…
Masr Capital Plans to Have 15 Branches in 2015
Masr Capital targets having more branches to amount to 15 by the end of 2015 with a total cost ranges between EGP…
Sarie Eldin: Coming Transitional Phase to Face Multiple Challenges
Dr. Hani Sarie Eldin, member of the Free Egyptians Party’s political office, emphasized on the fact that the coming…
EGX Loses EGP 9 Bln, Orascom Falls 5.88%: Sunday Closing
Amid having top two vote-getters for the run-off elections, the EGX posted on Sunday’s closing losses of EGP 9.26…
Iran Kicks Off New Parliament
The Islamic republic inaugurated the new Majlis (parliament) on Sunday. In a message read in the opening ceremony…
EALB Invests EGP 2.9 Bln In Govt. Debt Instruments by April
Egypt Arab Land Bank’s investments in government debt instruments (treasury bonds and bills) registered EGP 2.9…
7 Years Prison Sentence For Zakaria Azmi
Egypt's Cairo Criminal Court sentenced on Sunday chief of presidential staff Zakaria Azmi for ex-president Hosni…