Guides & Analytics
NAHO launches $50m MENA MAC Fund
Naeem Holding (NAHO) intends to launch its mutual fund, the MENA MAC, with a capital of $50 million by the end of the coming March.
Diabate brace sees Mali finish third
Cheick Diabate scored in each half as Mali defeated ten-man Ghana 2-0 to finish third at the CAF Africa Cup of Nations. The Bordeaux forward…
Investors offered 50 per cent tax relief on money placed in start-up companies
London: From 6 April, it will be possible to invest in Seed Enterprise Investment Schemes, which are designed to get people to invest in the next generation of…
RBS staff held in tax fraud investigation
Royal Bank of Scotland has been drawn into a criminal tax fraud investigation as five current and former employees of its investment banking arm have been arrested…
AMIG insured Safir and Hilton by EGP 400 m
The Arab Misr Insurance Group (AMIG) renewed insurance certificate with Safir Hotel in El-Dokky and Hilton Hotel in El-Zamalek by EGP 400 million for a year.
EGX closes at L.E3.6 b, EGX30 nears 4900P
The EGX has managed to earn L.E3.5 billion by the end of the trading process on Sunday. As a result, the market capital of the listed stocks has reached…
UNB aims increasing loan portfolio by 36% this year
Union National Bank (UNB) aims at increasing net loans and credit facilities this year after discounting provision by 36% in value to EGP 720 million, to reach EGP…
CISE settles debts with banks
Co-operative insurance society Egypt starts settling its debts with Alex Bank, National Bank, Industrial development Bank and the social fund for development.