Banks CBE Totally Independent From Govt.: Hisham Ramez Administrator Apr 11, 2013 0 The Central Bank of Egypt (CBE) is completely independent from the government and its main goals are keeping the…
EGX EGX 30 Ends This Week Above 5230 Pts Powered By Funding Pledges Yomna Yasser Apr 11, 2013 0 The Egyptian Exchange (EGX) has ended this week posting gains of EGP 3.6 billion backed by local and Arab buyers.…
Indices news IGA Is Delaying EFG Hermes-QInvest Deal; Sources Yomna Yasser Apr 10, 2013 0 The Egyptian Illicit Gains Authority (IGA) has sent a notice to Egypt’s financial regulator (FSA) asking not to…
Banks Egypt’s NSGB First-Quarter Net Profit Rises 32 Pct Amwal Al Ghad English Apr 10, 2013 0 Egypt's National Societe Generale Bank, which is being bought by Qatar National Bank , posted a 32 percent rise in…
Banks “Very Possible” Egypt Will Ask For Bigger IMF Loan –Minister Amwal Al Ghad English Apr 10, 2013 0 Egypt might ask the International Monetary Fund (IMF) to increase its previously requested $4.8 billion loan to…
Banks Saudis Save $1 Bln A Week As Egypt Counts Wheat, HSBC Says Administrator Apr 9, 2013 0 Oil-rich Gulf Arab countries, led by Qatar and Saudi Arabia, are widening the wealth gap with the region’s energy…
Banks Banque Du Caire Looks To Expand In Four Countries Within Two Years Administrator Apr 9, 2013 0 Banque Du Caire seeks to expand overseas presence and inaugurate representative offices in the next two years in…
Banks Egypt Forecasted GDP 1.4 % In June 2013, HSBC Amwal Al Ghad English Apr 9, 2013 0 Oil-rich Gulf Arab countries, led by Qatar and Saudi Arabia, are widening the wealth gap with the region’s energy…
Banks Kuwait’s Burgan Bank Looks To Egypt For Potential Acquisitions Yomna Yasser Apr 9, 2013 0 Kuwait-based Burgan Bank is looking at potential acquisitions in Egypt to step up international expansion and is…
Banks Egypt To Return Tax Collected On NSGB Takeover Yomna Yasser Apr 9, 2013 0 Taxes collected from Qatar National Bank 's acquisition of National Societe Generale Bank (NSGB) will be refunded…