forex news Dollar above recent lows on upbeat Fed view, US data Yomna Yasser Feb 2, 2017 0 Dollar pulled away from recent lows on Thursday after the Federal Reserve presented a relatively upbeat view of the…
Egypt News Planning and Budget Committee approves amendments on Article 120 on taxes Noha Gad Nov 30, 2016 0 The parliament’s Planning and Budget Committee approved amending Article 120 of Law No.91 of 2005, which is related…
Egypt News 88.1 % of Egyptian families own cell phones: CAPMAS aya salah Jul 28, 2016 0 An average of 22.1 percent of Egyptian families own smartphones, while 88.1 percent of families own mobile…
Banks Egypt’s CIB posts higher net income, revenues in Q2 aya salah Jul 28, 2016 0 Commercial International Bank (CIB) , Egypt's largest listed company, on Wednesday reported a 28 percent rise in…
Banks Deutsche Bank says Q2 net income plunges nearly 100% year-on-year Yomna Yasser Jul 27, 2016 0 Deutsche Bank, the German bank which is an important part of the global financial system, announced revenue and…
Real Estate Egypt’s Hassan Allam establishes two $180 mn above-middle income housing projects aya salah May 17, 2016 0 Egypt-based Nasr General Contracting Co. - Hassan Allam is currently implementing above-middle income housing…
Banks Faisal Islamic Bank receives five low-income housing mortgage requests aya salah Mar 3, 2016 0 Faisal Islamic Bank of Egypt has received the first five applications Thursday related to the central bank's…
Banks CBE amends the mortgage finance initiative keeping in mind low-income earners aya salah Feb 27, 2016 0 Central Bank of Egypt (CBE) amended the mortgage finance initiative, which was issued in February 2014 to finance…
Industry & Trade Shell vows more cuts as annual profit sinks on weak oil prices Noha Gad Feb 4, 2016 0 Royal Dutch Shell (RDSa.L), Europe's largest oil company, reported its lowest annual income in at least 13 years on…
Banks NBE ups mortgage loans to $33.6bn to serve 3,520 low-income units aya salah Jan 18, 2016 0 The National Bank of Egypt (NBE)’s mortgage loans, upon the central bank’s housing initiative, have increased to…