Guides & Analytics
Emirates NBD Appoints New MD for Egypt Operations
Emirates NBD, the leading banking Group in the region, announced today that it has appointed Giel-Jan Van Der Tol as a member of the Board of Directors and the new…
Qatar Calls for Dialogue in Egypt
The emir of Qatar called Tuesday for "comprehensive dialogue" in Egypt to achieve political stability and insisted on good ties with Cairo which accuses Doha of…
UN Says Mass Egyptian Death Sentences Contravene International Law
The United Nations' human rights office said on Tuesday that an Egyptian court's decision to sentence 529 members of the Muslim Brotherhood to death contravened…
EGX30 Crosses 8500 Levels amid Local, Arab Buying Appetite
Egypt’s stock market closed higher on Tuesday earning 5.2 billion pounds powered by local and Arab buying appetite. In return, the main stock index, EGX30 jumped on…
Egyptian Gulf Bank Eyes Boosting Auto Loans to EGP100m by 2014-End
The total auto loans of the Egyptian Gulf Bank (EGB) reached around EGP60 million. Mr. Sherif Farouk, The general manager of EGB said his bank is aiming boosting its…
Egypt Bourse May Remove Precautionary Measures after Presidential Polls; Omran
The Egyptian Exchange (EGX) is unlikely to remove the remaining precautionary measures applied by the bourse since March 2011, said chairman Dr. Mohamed Omran on…
CBE Requests EGP50 bln at 34th Auction for Deposit Operation
Egypt’s Central Bank (CBE) is requesting on Tuesday around 50 billion Egyptian pounds of domestic surplus liquidity from local banks in the 34th auction for Deposit…
French Development Agency Secures €95mn Finances for SMEs in Egypt
Egypt-based Social Fund for Development (SFD) signed on Monday a€95 million funding agreement with the French Development Agency (Agence Française de Développement…