Guides & Analytics
John Kerry Tries to Mend Rift with Egypt by Criticising Muslim Brotherhood
The US secretary of state, John Kerry, has accused Mohamed Morsi's Muslim Brotherhood of stealing the legacy of Egypt's 2011 revolution. Kerry's comments constitute…
EGPC Stresses its Negotiation with 4 Banks to Pay Foreign Firms Dues
Amr Mostafa, Vice Chairman of the Egyptian General Petroleum Corporation (EGPC), has asserted that the authority is currently negotiating with several banks in…
Egypt Shares End Week Lower, Snap 4-day Winning Streak
Egypt stocks have ended the week lower, halting a 4-day winning streak incurring losses totaled EGP 2.28 billion on Thursday. The benchmark index finished the week…
Bank Audi Says Subscription in its First Sharia-compliant Fund Available
In accordance with its expansion plans in the sharia-compliant banking activities, Bank Audi S.A.E. - a member of Audi Saradar Group with operations across the MENA…
Four Egyptian Banks Competing to Arrange $1bln Loan for EGPC
The four banks which are operating in the banking sector including the National Bank of Egypt (NBE), Banque Misr, Banque Du Caire and Commercial International Bank…
NBE, United Bank Grant Credit Facilities for 8 ICT Enterprises with EGP20mln
The National Bank of Egypt (NBE) and the United Bank approved to grant credit facilities with EGP20 million by the end of November, the first batch of facilities…
Africa Re Eyes New Expansions in Brazil, China
African Reinsurance Corporation (Africa Re) is planning to make overseas expansions in Brazil and China within the coming period, said the Deputy Chairman of the…
Ethiopia Rejects Egypt’s Request to Build Renaissance Dam Jointly
The Turkish Anadolu news agency reported on Wednesday that Ethiopia rejected a request by Egypt to jointly build all stages of the Renaissance Dam so as to make sure…