Arab African International Bank’s 2017 profits rise to $260 mln in Egypt
Arab African International Bank’s (AAIB), an international bank based in Egypt, consolidated financial statements…
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increase
Egyptian exports to Russia rise by 35% in 2017: minister
Egypt’s Trade and Industry Minister Tareq Kabil said on Saturday that Egyptian commodity exports to the Russian…
Egypt eyes 5.8% GDP growth in FY2018/19 budgeting: PM Ismail
Egypt’s Cabinet approved this week the state’s budget for the 2018/2019 financial year, which aims to reach a GDP…
Dollar firm as market looks to Fed for rate hike outlook
The dollar held firm against major currencies on Wednesday as traders look to whether the U.S. Federal Reserve…
State-owned Suez Canal Bank’s net profit rises 69.5% in 2017
Egypt's state-run Suez Canal Bank reported Monday a 69.5 percent increase in its net profit to reach 356 million…
Number of tourists visiting Egypt to reach 12 million at year-end
The number of tourists heading to Egypt is expected to reach 12 million by the end of 2018, with an increase…
US oil prices fall for second day after stockpiles rise
U.S. oil prices extended declines into a second day after industry data showed an increase in U.S. crude and…
European stocks seen sharply lower on Powell’s comments; Solvay, Carrefour to report
European equities are expected to open sharply lower on Wednesday morning following comments from Fed Chairman…
Etisalat Misr increases paid capital by 23.16%
Etisalat Misr announced the shareholders’ approval to increase its paid capital by 23.16 percent or 4.5 billion…
Egypt’s foreign debt rose to $80.8 bln in Q1-FY2017/18: c.bank
The Central Bank of Egypt (CBE) revealed Wednesday that the country's foreign debt jumped to $80.8 billion during…
