Guides & Analytics
Banks’ Investments In T-Bills Fell EGP 4.1 Bln At End-Jan: CBE
The Egyptian banking sector’s investments in treasury bills dropped 1.5% (EGP 4.1 billion) to reach EGP 257.07 billion at the end of last January, compared to EGP…
Google Fined $189K For ‘One Of Biggest Data’ Privacy Violations In Germany
Google Germany German regulators were furious when it was found that Google’s street car was unintentionally collecting email, photos, and passwords from its…
Bashar’s Investigations Compel 15 Syrian Investors To Withdraw EGP3 bln From Egypt
Some Syrian businessmen, who live in Egypt since the Syrian revolution has erupted, unveiled that they were threatened by the Syrian investigations in case of…
Royal Insurance Launches 2 New Branches In Cairo Soon
Royal Insurance Company plans to expand geographically through launching two new branches in Cairo in the next period, raising its number of branches to 14. One…
EGX 30 Ends Above 5235 Pts, Market Awaits IMF Accord, OCI Tax Clues
The Egyptian Exchange (EGX) has pared its midday gains driven by the foreign selling pressures. The EGX has gains of EGP 833 by Tuesday's closing session. The market…
Egypt’s Antiquities Starting Swap Debt Program With Italy
The Egyptian Minister of Antiquities, Mohamed Ibrahim, has confirmed that the agreement, which was signed today with the Italian Embassy’s delegation and the Italian…
Banks’ Securities Portfolios Drop EGP 6.2 Bln For 1st Time In 2 Years
The securities portfolio held by local banks registered a retreat of 1% (EGP 6.256 billion) for the first time in the last two years, registering EGP 606.4 billion…
NBE Rejects Adly Ayoub’s Offer To Settle Lakah’s Debt For Property Assets
The National Bank of Egypt (NBE), Al Baraka Bank of Egypt and Arab African International Bank (AAIB) will turn down the offer presented by Ayoub Adly Ayoub to settle…