Guides & Analytics
Egypt’s Cabinet Holds ‘Urgent Meeting’ over Repetitive Blackouts
An urgent meeting is being held by Egypt’s Premier Ibrahim Mehleb with Ministers of Electricity and Petroleum over recent frequent power outages. According to the…
TransCentury Sells its Rift Valley Railways Stake to Citadel
Kenya's TransCentury has sold its 34 percent stake in Rift Valley Railways to Egypt's Citadel Capital (CCAP.CA), it said on Tuesday. TransCentury held a stake in…
Foreign Currencies Vs Egypt Pound – Early Tuesday
The table below shows the exchange rates of the Arab and foreign currencies against the Egyptian pound on early Tuesday:
Citadel to Close Capital Increase to EGP8 bln on 9 April
Citadel Capital (CCAP.CA on the Egyptian Exchange), the leading investment company in Africa and the Middle East, has received key regulatory approvals that will…
Egypt Shares Open Lower on Tuesday, EGX30 Solely Up
Egyptian stocks opened lower on Tuesday incurring losses worth 1.3 billion Egyptian pounds amid local profit-takers. However, the main stock index – EGX30 started…
Banque Misr to Launch Real Estate and Indices Funds by FY14/15
General Manager and Head of Capital Markets Group at Banque Misr, Susan Hamdy revealed that the bank’s intention to launch two funds one for real estate and the…
Facebook CEO Zuckerberg’s Base Salary Falls to $1
Mark Zuckerberg has decided he’s a $1-a-year man. Zuckerberg, who is Facebook Inc. (FB)’s chief executive officer and also the 22nd richest person in the world as…
Qatar’s QNB Said to Hire McKinsey to Advise on Egypt Bank Growth
Qatar National Bank, the nation’s largest lender, hired McKinsey & Co. to help formulate a strategy for its Egyptian business as it seeks to boost operations,…