Guides & Analytics
Banque Misr Injects EGP 500 Mln In Retail Banking Portfolio In 2012
Banque Misr plans to inject EGP 500 million in its retail banking portfolio to register EGP 2.750 billion in the current year, compared with EGP 2.25 billion at the…
Telecom Egypt Annoucnes New Chief Commercial Officer
Telecom Egypt (TE) (ETEL.CA) today announced that Eng. Sayed Elgharabawy will hold the currently vacant position of Senior Vice President (SVP) and Chief Commercial…
Europe Mostly Higher As Auto, Oil Shares Gain
European stock markets attempted to push higher on Monday, with auto and oil shares providing support, as the market looked for a foothold after a lack of big…
IMF waits for Egypt Consensus for Loan Request
Egyptian finance minister Momtaz el-Saeed has said his government and the International Monetary Fund (IMF) are in talks over a $3.2bn loan and said the lender was…
CBE Sells EGP 4 Bln T-Bills
Central Bank of Egypt said the yield on 266-day treasury bills rose at an auction on last Sunday and the regulator raised more than it had asked for. The average…
Iran To Open Biggest Gas Refinery Next Year
Managing director of the National Iranian Offshore Oil Company (NIOOC) says the biggest gas refinery in the Gulf will become operational in the southern Iranian…
Bashir: Sudan, S Sudan need Peace
Sudan and South Sudan need peace and Khartoum is committed to all security agreements it has signed, African Union mediator Thabo Mbeki on Saturday quoted the…
Egypt’s Finance Minister Determines Features of New Budget
Finance Minister, Momtaz al-Saeed said yesterday that an agreement was concluded with Saudi Arabia to sign a $500 million loan as of June 1st, in the form of bonds.…