Guides & Analytics
Former Egypt Striker Zidan Sentenced To 6 Years In Prison
An Egyptian court sentenced former Egypt striker Mohamed Zidan in absentia on Wednesday to six years in prison after he was convicted of issuing three bad cheques to…
Egypt Shares Halt 4-day Winning Streak, Open Lower on Thursday
Egyptian stocks opened lower on Thursday incurring losses of EGP 1.3 billion weighed by local and non-Arab foreign net sellers. The main gauge slumped by 0.6% on…
C.Bank Offers its last FX Auction of this week with US$40mln
The Central Bank of Egypt (CBE) has offered today its last foreign exchange auction of this week totaled US$ 40 million for local banks. The central bank is offering…
Egypt Looks for a Path Toward Democracy
Bassem Youssef, Egypt’s popular television comedian, expresses the irreverent confidence this country will need to regain stability. On air, he mocks the…
CBE Offering EGP6.5 bln T-bills Today
On behalf of the Egyptian Finance Ministry, the Central Bank of Egypt will be offering today 182- and 357-day treasury bills worth EGP 6.5 billion. Throughout its…
Kerry Says Well-Organized Muslim Brotherhood ‘Stole’ Egyptian Revolution
Secretary of State John Kerry on Wednesday accused Egypt’s well-organized Muslim Brotherhood of having “stolen” the revolution that toppled longtime autocrat Hosni…
Ericsson CFO Says Vodafone Network Spending Plan Boon To Market
Ericsson AB (ERICB), the world’s biggest supplier of wireless-networks equipment, said Vodafone Group Plc (VOD)’s plan to boost investments in infrastructure is a…
EU Wheat Up On Prospects For Stronger Exports
European wheat futures were higher on Wednesday on strengthening prospects for exports as rival Black Sea wheat fades from the market, despite a setback for French…