Talaat Moustafa Eyes Long-Term Co-Financing Worth EGP1.8 bln
Talaat Moustafa Group Holding Co. S.A.E. (TMG Holding) (TMGH.CA), Egypt's biggest listed property developer, is…
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Egypt Hopes to Tie Oil Payments to Production Increases: Minister
Egypt wants to encourage foreign oil companies in the country to increase exploration and production in exchange…
Dubai Lender Mashreq Raises 2013 Profit Forecast on Lower Provisions
Dubai lender Mashreq expects to post a 40 percent increase in 2013 profits, significantly higher than its earlier…
Hermes: Egypt Central Bank Likely to Cut Interest Rate by 50 bps
EFG-Hermes said in a report on Thursday Egypt’s headline consumer price inflation eased slightly in August to 9.8%…
CBE to Execute Another Round of Quantitative Easing in FY14 – Pharos
Pharos Research said in a report economic status and recent policy actions show that the Central Bank of Egypt…
Capital Intelligence Lowers Bank of Alexandria’s FCR to B-
Capital Intelligence (CI), the international credit rating agency, had lowered Bank of Alexandria (BoA)'s Long-Term…
Kuwait to Transfer $2 bln Aid To Egypt: Egypt Central Bank Chief
The Gulf Arab state of Kuwait will deposit $2 billion in aid in Egypt's central bank next week, the Egyptian…
Banque Du Caire: Signing El Nasr Coke’s Loan Will Be Within Days
Banque Du Caire has confirmed on Wednesday joining the banking consortium led by the National Bank of Egypt (NBE),…
Egypt Central Bank Raises $40 mln at 101st FX Auction
The Central Bank of Egypt (CBE) has offered today its second foreign exchange auction for this week totaled US$ 40…
Faisal Islamic Bank’s Total Assets Hiked 10.8% by August-End
Key indicators of the financial results for the first 8 months ended 31August 2013 have shown that Faisal…