Tech news Snap to price long-awaited IPO on Wednesday amid signs of brisk demand Yomna Yasser Mar 1, 2017 0 Snap Inc, owner of popular messaging app Snapchat, will price its initial public offering after the U.S. stock…
Banks Egypt’s central bank, investors reach deal to settle pre-float credit lines: bankers Yomna Yasser Feb 22, 2017 0 Egypt's central bank has agreed with Egyptian investors to settle credit lines opened before it floated the pound…
International News States that Trump won have lion’s share of Obamacare subsidies to lose nada nasser Dec 6, 2016 0 They gave Donald Trump the White House — and now the president-elect could take billions of dollars in Obamacare…
Banks Central bank of Egypt lets banks allocate more dollars to clients: bankers Yomna Yasser Nov 30, 2016 0 Egypt's central bank has told banks they may allocate dollars to a wider range of clients, bankers have told…
World Australian shares lead broad losses across Asia; Ardent Leisure tumbles 15% Yomna Yasser Oct 26, 2016 0 Australian shares led widespread losses in Asia-Pacific on Wednesday, with shares of Ardent Leisure, operator of…
Banks CBE fixes US dollar at EGP 8.78, launches regular auction with $120m Noha Gad Oct 19, 2016 0 The Central Bank of Egypt (CBE) launched Tuesday its regular weekly auction to sell US dollars to banks, asserting…
Banks Egypt chooses 4 banks to offer Egyptian dollar bonds in international markets aya salah Aug 18, 2016 0 The Ministry of finance has chosen yesterday 4 international investment banks to offer Egyptian dollars bonds in…
Tech news Buy a full ‘Pokemon Go’ account for $999,999 Ghada Ismail Aug 11, 2016 0 The runaway popularity of "Pokemon Go" has opened up a lucrative market. People who sell gaming accounts online are…
Banks Egypt aims to slash import bill by 25% in 2016: c.bank governor Yomna Yasser Jan 14, 2016 0 Egypt aims to reduce its import bill by 25 percent in 2016 compared to the previous year after the central bank…
forex news Dollar steadies, commodity currencies lose steam as crude rebound fizzles Noha Gad Dec 30, 2015 0 The dollar held steady against a basket of currencies on Wednesday following a rise in U.S. debt yields, while the…