Banks CIB bank Egypt 2017 profits surge 25% Yomna Yasser Feb 1, 2018 0 Egypt's largest listed bank, Commercial International Bank (CIB) on Thursday posted a 25 percent year-on-year surge…
forex news Dollar holds gains after Fed, looks to data for more impetus Yomna Yasser Feb 1, 2018 0 The dollar kept modest gains against its peers on Thursday after the Federal Reserve signaled its confidence about…
Real Estate Property developer ARDIC unveils plans for investment in Upper Egypt Yomna Yasser Jan 30, 2018 0 Egypt's ARDIC for Real Estate Developments plans to pump investments in Upper Egypt as part of its scheme to…
Industry & Trade Egypt signs third $500 mln tranche of $1.5 bln AfDB loan Yomna Yasser Jan 29, 2018 0 Egypt has signed an agreement for a third $500 million tranche of a $1.5 billion loan package from the African…
Financial Institutions Egypt’s tax revenues rise 62% in H1 of FY2017/18 Yomna Yasser Jan 22, 2018 0 Egypt’s total tax revenues surged by 62 percent to 249 billion pounds during the first half of financial year…
Industry & Trade Egypt’s pharmaceutical market 2017 sales surge 24% Yomna Yasser Jan 21, 2018 0 Egypt’s pharmaceutical market have made a 24 percent growth in sales, reaching around 51.59 billion Egyptian pounds…
Financial Institutions Moody’s expects growth in Egypt to accelerate to around 5% in 2019 Yomna Yasser Jan 17, 2018 0 Moody’s expects Egypt’s GDP growth to accelerate to around 5 percent by 2019 and 5.5 percent by 2021, up from 4.2…
Real Estate Egypt’s real estate sector contributes 15% to GDP in first 9 months of 2017 Yomna Yasser Jan 16, 2018 0 Egypt’s real estate sector contributed 15 percent to the country’s gross domestic product (GDP) within the first…
World Stocks finish at record highs, S&P 500 has best start to a year since 1987 Yomna Yasser Jan 10, 2018 0 U.S. equities rose to record highs on Tuesday as investors remained optimistic about the market heading into the…
forex news Dollar clings above 3-1/2-months lows; loonie stands tall Yomna Yasser Jan 8, 2018 0 The dollar held steady above a recent 3-1/2 month low against a basket of major peers on Monday, after data…