Guides & Analytics
EGB Gets Egypt Bourse’s Approval Going on Capital Raise
The securities listing committee of the Egyptian Exchange (EGX) approved on Thursday the Egyptian Gulf Bank (EGB)’s request to proceed with increasing issued and…
QNB AlAhli Shareholders Ok authorized capital hike to EGP10 bln
The ordinary general meeting of Qatar National Bank AlAhli or QNB AlAhli (previously known as NSGB), approved during its meeting on Wednesday, February 26, using EGP…
Egypt’s Diesel Fuel Crisis Strikes again, 30% Deficit in most Governorates
The continuity of Egypt’s diesel fuel crisis has sparked violence in provinces due the low rates of supply quantities of each governorate, so the General…
Suez Canal Life Eyes Third Rank in Insurance Market by 2016 :MD
Ahmed Shoukry, managing director of Suez Canal Life Insurance Company revealed his company’s strategy within the coming two years which aiming to capture the third…
Egypt Shares Open higher on Thursday, Gain EGP1.8 bln, EGX30 Crosses 8074.11 p
Egyptian stocks started trading higher on Thursday with gains amounting to EGP 1.8 billion as foreign buying appetite went on. Accordingly, the country’s main gauge…
Microsoft Definitely Wants Lumia, But Not Nokia Brand
It has now been confirmed that Microsoft will be keeping the Lumia brand around for at least ten years as a result of a licensing deal. However, a recent interview…
Germany Advises against Travel to all of Egypt’s Sinai Peninsula
Germany's foreign ministry said on Wednesday it strongly advised against travel to all regions of Egypt's Sinai Peninsula. Previously the ministry had made a…
Dollar Near Two-Week High As Geopolitical Tensions Heat Up
The U.S. dollar held near a two-week high against a basket of major currencies on Thursday, as heightening tensions in Ukraine helped support safe-haven demand for…