NBE’s SMEs Loans Registers EGP 2.1 Bln In April
National Bank of Egypt’s (NBE) loans to SMEs registered an increase of EGP 500 million, totaling EGP 2.1 billion…
New Bankruptcy Law To Ensure Legal Sustainability
The head of Dubai Economic Council has said the country's new financial restructuring and bankruptcy law will…
IDWE Offers EGP 5 Mln To Food Franchise
Industrial Development and Workers Bank of Egypt (IDWE) approved offering EGP 5 million loan to a customer planning…
Europe Shares Lower On Greek Concerns
European stock markets dropped early Wednesday as investors again shed bank and resource stocks on the political…
Facebook Boosts IPO Size By 25 Percent, Could Top $16 Billion
Facebook Inc will increase the size of its initial public offering by 25 percent, a source familiar with the matter…
Cellphone Market Shrank In Q1: Gartner
Global sales of mobile phones shrank 2 percent in the first quarter due to slower demand in the Asia-Pacific…
George W. Bush backs Mitt Romney
George W. Bush is backing presumptive Republican White House nominee Mitt Romney. The former president offered a…
Asia Shares Dive As Greek Political Concerns Deepen
Asian shares tumbled in a broad-based sell-off Wednesday as investors reacted to news that Greece’s political…
GM to Drop Facebook Ads
General Motors Co said on Tuesday it will stop advertising on Facebook, even as the social networking website…
Dubai’s Ridge Capital Buys Egypt’s Asset Firm El Rashad
Dubai-based regional investment bank Ridge Capital has bought 100 percent of Egyptian asset management firm El…