Guides & Analytics
ECB raises Emergency Funds for Greece as backlash grows
The European Central Bank increased its funding lifeline to Greece's banks again Tuesday, sources with direct knowledge of the decision said, allowing the country's…
Egypt Stocks fall as Ramadan weighs on Arab Selloffs
Stocks incurred losses worth 2.5 billion Egyptian pounds (US$327.6 million) on Arab investors’ selloff Tuesday, the sixth day of the Muslim holy month of Ramadan.…
Fitch assigns B(EXP) Rating to National Bank of Egypt’s USD Bond
Fitch Ratings assigned the National Bank of Egypt's upcoming US dollar senior unsecured bond an expected rating of 'B(EXP)'/'RR4', the agency said in a statement…
Egyptian-Indian Trade Exchange to hit $8 bln by 2016: Minister
Ministry of Trade and Industry aims to boost the volume of trade exchange with India to hit US$ 8 billion by 2016, Minister Mounir Fakhry Abdel Nour said Tuesday.
Arab Contractors completes Kuwait Key Road Project in 2016
The leading Cairo-based construction firm, Arab Contractors is to finalise next year a road project in Al-Jahra, 32 kilometres (20 mi) west of Kuwait City in Kuwait.…
Egypt’s First Microfinance Union names Mona Zulficar as Chairman
The first Egyptian Union of Microfinance has elected Mona Zulficar- Chairman of Al Tadamun Microfinance Foundation- as Chairman, Head of Egyptian Supervisory…
Egypt raises $100 million for Africa Infrastructure Fund
Egypt has approved to invest US$100 million to Africa50 Infrastructure Fund’s equity capital, a government source told Amwal Al Ghad Tuesday. The fund was launched…
NBE provides Mortgage Finance for 1065 Clients
National Bank of Egypt has provided mortgage finance for 1065 clients worth EGP 300.000, Head of NBE's Retail Risk Group Karim Soos announced Tuesday. This comes in…