Guides & Analytics
Shares Lose EGP468 mln, EGX 30 Solely Up at Open
Egypt's shares opened lower on Wednesday incurring losses of EGP 468 million battered by Arab selling pressures. The benchmark index solely rose to cross 5680…
Head of Internet Arm Resigns; Says Telecom Egypt
Telecom Egypt (TE) announced the resignation of Eng. Azza Turki, Chairman of the group’s internet subsidiary TEData. Eng. Mohamed Al-Nawawi, CEO of TE, has asserted…
Egypt to Return $1bln Deposit to Qatar in Two Months – Official
The Central Bank of Egypt (CBE) Governor Hisham Ramez said on Tuesday Egypt will return US$1 billion deposit to Qatar within the coming two months. He added that…
Twitter Sorts Out Lock-Up Agreements Ahead Of Releasing IPO Plans
Twitter Inc's bankers contacted early investors this week asking them to sign a 180-day lock-up agreement by Wednesday afternoon, showing the company is moving…
President Obama Cancels Official Visit To Malaysia After U.S. Government Shutdown: Media
U.S. President Barack Obama has canceled an official trip to Malaysia next week after the U.S. government went into a shutdown, Malaysian media quoted Prime Minister…
Wall Street Rebounds As Government Shutdown Seen Short-Lived
U.S. stocks kicked off a new month and a new quarter with gains on Tuesday as investors, for now, appeared confident that the first partial government shutdown in…
Egypt Gets Wastewater Plant Expansion Loans from EU Lending Arm
A wastewater project that consists of building two treatment plants, expanding three and almost 700 kilometers (435 miles) of sewers in the northern delta part of…
Egypt Gets Wastewater Plant Expansion Loans from EU Lending Arm
A wastewater project that consists of building two treatment plants, expanding three and almost 700 kilometers (435 miles) of sewers in the northern delta part of…