Guides & Analytics
Egypt’s Petroleum Minister Pays Visit to EPC-Company
Eng. Sherif Ismail, Egyptian Petroleum Minister, has paid a visit to Petrochemicals Company in Alexandria (EPC, Egy-Petrochem) in order to to raise productive…
Egypt. C.Bank Says EGP 61 bln Allocates to Banks June-End
The banking sector's allocations has recorded EGP 1.2 (2.1%) billion move up to EGP 61.3 billion at the end of June, compared to EGP 60.03 billion at the end of May.…
NBE Obtains EGP 1.1 bln Extra -Budget Debts Within 3 Years
The National Bank of Egypt (NBE), has obtained EGP 1.1 billion extra-budget debts within the last three years. Yehia Abu El Fotouh, head of non-performing loans…
Petroleum Products Are Sufficient Till August 2014: Egypt’s Supply
Major General Mohamed Abou Shady, Minister of Supply and Internal Trade, has asserted that the petroleum products are sufficient till August 2014, explaining that…
CBE Says Reducing Interest Price Is Due to Inflation Decline
The Central Bank of Egypt (CBE) Governor Hisham Ramez , has attributed the decision of reducing the interest rates and deposits for one night with 50 basis points…
Gold Slumps, Global Shares Give Back Some Of Week’s Gains
Gold prices and stocks on major markets gave back some gains on Friday after soaring this week in the wake of the Federal Reserve's unexpected decision to maintain…
Wall Street Ends Down As Fed Officials Weigh In
U.S. stocks fell on Friday as investors puzzled over the Federal Reserve's decision to maintain its stimulus measures as they heard opposing viewpoints from top Fed…
North Korea Postpones War-Torn Family Unions, South Says Regretful
North Korea on Saturday ordered the indefinite postponement of a scheduled series of reunions for families divided since the 1950-53 Korean War, dealing a setback to…