Banks Egypt’s CIB agrees to sell 10% of CI Capital Yomna Yasser May 15, 2017 0 Egypt's largest listed bank, Commercial International Bank (CIB) has agreed to sell 10 percent of its investment…
Egypt News ‘Security of the Gulf states is security of Egypt,’ Sisi tells Kuwait ruler Yomna Yasser May 8, 2017 0 President Abdel Fattah al-Sisi told Kuwait's emir Sabah Al-Ahmed Al-Sabah in a meeting on Sunday that the security…
Real Estate Abraj Misr may team up with Egyptian, Gulf investors for a housing project nada nasser Apr 30, 2017 0 Egypt’s property developer Abraj Misr says it is studying executing a new residential project in partnership with a…
MENA News Saudi Arabia, Kuwait signal likely extension of oil supply cuts nada nasser Apr 20, 2017 0 Leading Gulf oil producers Saudi Arabia and Kuwait gave the clearest signal yet that OPEC plans to extend into the…
Banks Gulf deposits to Egypt sharply fall to $2 bln in 2016: official Yomna Yasser Mar 27, 2017 0 Deposits from the Gulf to Egypt’s central bank (CBE) have fallen to record $2 billion during 2016, from $31 billion…
Banks Egypt’s CIB bank sells 74.75% stake in CI Capital Yomna Yasser Mar 20, 2017 0 Egypt’s largest listed lender, Commercial International Bank (CIB) announced Monday selling a 74.75 percent stake…
Egypt News Egyptian-Bahraini joint military exercise carried out in Manama Yomna Yasser Mar 15, 2017 0 Egyptian and Bahraini naval and air forces took part in a joint military exercise in the Gulf country on Tuesday. A…
MENA News Saudi Arabia to appoint new ambassador to Lebanon nada nasser Feb 6, 2017 0 Saudi Arabia will appoint a new ambassador to Lebanon, encourage the return of Saudi tourists and increase flights…
Banks Egypt’s HC says to complete $80 million acquisitions in Gulf this year Yomna Yasser Feb 5, 2017 0 Egypt’s investment bank, HC Securities is planning to make two new acquisitions totalling $80 million in one of the…
Industry & Trade UAE, the gulf’s biggest investor in Egypt in Q1-FY2016/17: CBE Yomna Yasser Feb 4, 2017 0 UAE takes the lead on investments in Egypt among Gulf countries, with investments totalling $328.6 million…