Guides & Analytics
Egypt’s Oriental Weavers Raises Dividend After 30 % Profit Rise
Egypt's Oriental Weavers (ORWE.CA), the world's biggest machine-woven carpet maker, said on Tuesday it would pay a dividend of LE 2 (USD 0.29) a share after…
Qatari Bank Gorges on Egypt Debt As Relations Sour: Arab Credit
Qatar National Bank SAQ, the state-controlled lender, boosted holdings of Egyptian treasury bills last year even as relations between the governments soured after…
FEDCOC Calls Launch of Egypt-Sudan Integrated Economic Council
The chairman of the Federation of Egyptian Chambers of Commerce (FEDCOC) Ahmed El-Wakil called for forming economic integration council between Egypt and Sudan…
Misr Insurance Attains EGP2.6 bln Premiums in 8 Months with 6.6% Growth Rate
Misr General and Property Insurance succeeded in achieving EGP2.641 billion size of direct premiums during the first 8 months of the current fiscal year of 2013/2014…
Egypt’s Main Index Nears 8200 at Close on Foreign Buying Appetite
Egypt’s stocks closed higher on Tuesday with gains totalling 1.6 billion pounds powered by non-Arab foreign buying appetite. In return, the country’s main stock…
Banque Misr to Underwrite EGP600 million of Noran Sugar’s Islamic Finance
Banque Misr is set to underwrite EGP600 million of the EGP1.5 billion Shariah-compliant finance arranged for Noran Sugar Company, a banking official said on Tuesday.…
Arab Orient Insurance Seizes IKEA’s Policy in Cairo Festival with EGP650 mln
Wael Abdul-Mohsen, Vice President of Sales & Marketing at Arab Orient Insurance Company said his company succeeded in catching the insurance policy of IKEA Egypt…
NBE OKs EGP70 mln Finance for Tanmia Petroleum Co
Tarek El-Barkatawy, Chairman & MD at Tanmia Petroleum Company said his company obtained an initial approval from the National Bank of Egypt (NBE) in order to get…