Guides & Analytics
EGPC’s Shake-Up In Egypt Subsidies On Petroleum Products
The Egyptian General Petroleum Corporation (EGPC) has made proposals to help the government cut LE35 billion ($5.8 billion) of subsidies on petroleum products from…
Egypt’s Prosecutor probes 3 Presidential Candidates over Violating Campaigning Rules
Egypt’s Supreme Commission for Presidential Elections referred three presidential hopefuls to the public prosecutor for violating the campaigning rules, as thousands…
SMEs’ Multiple Financing Channels Attractive To Clients: Walli
Ghada Walli, Secretary General of the Social Fund for Development (SFD), said she rejects the approach of having one entity to finance the SMEs which creates…
Union of Arab Banks Calls For Establishing A SMEs Development Body
SMEs Development Forum organized by Union of Arab Banks in Cairo called on the Arab governments to support SMEs through forming a body or a ministry for financing…
Egyptian SCAF reiterates to hand over Power on July 1
Egypt's military rulers have said they are committed to handing over power to a civilian administration on July 1. The announcement on Thursday came a day after 11…
Earthquake rocks Iran-Iraq Border
A 5.5-magnitude earthquake shook Iran- Iraq border at 02:09:35 P.M. local time (1039 GMT) on Thursday, the Iranian Seismological Center (IRSC) announced. The…
EGX Rebounds, Gains EGP 1.3 Bln; Closing
On Thursday’s closing session, the EGX posted gains of EGP 1.35 billion as the capital market amounted to EGP 350.292 billion. The main index, EGX30 inched up 0.46%…
Talks between Russia, NATO come to “Dead-End”
Russia and NATO remain at loggerheads over a U.S.-led project to build a missile shield in Europe, Russian Defense Minister Anatoly Serdyukov said on Thursday. “So…