Guides & Analytics
Gold Higher As Spain Concerns Eased
Gold inched up on Thursday, tracking modest gains in the euro as worries about Spain's debt restructuring eased after a European Central Bank official signaled the…
AlexBank Disbursed 100,000 Yellow Remittances
AlexBank Sao Paulo disbursed EGP 400 million the value of 100 thousand yellow remittances, money owed by Iraq to Egyptian workers who left the country during the…
CBE Offers EGP 5 Bln T-Bills Today
Central Bank of Egypt will offer EGP 5 billion Egyptian pounds ($828 million) of treasury bills after two parliamentary committees approved an economic plan as a…
Egyptian Court: Salafist Candidate Abu Ismail eligible to run for Presidency
An Egyptian court has ruled that an ultra-conservative preacher is eligible to contest May's presidential election. The country's electoral commission had said it…
IMF & Egypt Work Out Economic Program For US$ 3.2 Loan
The International Monetary Fund said it was staying in close touch with Egyptian authorities as they work out a budget and round up political support that would make…
NBE launches Dollar CDs For Egyptians Abroad
The National Bank of Egypt (NBE), The country's leading bank with assets exceeding $50bn, announced the launch of 'Masri Dollar Certificates,' a new US…
Leaps and Bounds Drive ICT Industry to Grow
The UAE's ICT industry is growing by 25-30 per cent per year across all sectors including hardware, software, mobile and internet services, according to experts…
Nakheel Launches New Luxury Residential Project
Nakheel launched a new luxury residential project on Palm Jumeirah on Wednesday, its first major development since completing a massive restructuring process.…