Three Egyptian policemen detained on bribery charges
Giza prosecutors ordered the detention of three low-ranking policemen on Monday on charges of receiving bribes…
Browsing Tag
low
CBE amends the mortgage finance initiative keeping in mind low-income earners
Central Bank of Egypt (CBE) amended the mortgage finance initiative, which was issued in February 2014 to finance…
JPMorgan may hold steady on cost target despite low interest rates
At JPMorgan Chase & Co's (JPM.N) annual investor day on Tuesday, one big question will be at the top of…
Oil steadies above $33 on chance of production cut
Oil steadied above $33 per barrel on Thursday, well off a 12-year low set earlier in the month, supported by the…
Russian GDP fell 3.7% in 2015: State statistics agency
Russia's gross domestic product (GDP) fell 3.7 percent in 2015 as the country's energy-dependent economy reeled…
NBE ups mortgage loans to $33.6bn to serve 3,520 low-income units
The National Bank of Egypt (NBE)’s mortgage loans, upon the central bank’s housing initiative, have increased to…
Asia stocks hover at four-year lows on China worries; oil slides
Asian stocks held near four-year lows and crude oil prices approached a 20 percent drop in less than two weeks, as…
Egyptian Electricity Holding allocates $488m for distribution networks in 2016
Egyptian Electricity Holding Company dedicated 3.82 billion Egyptian pounds (US$487.9 million) to lay distribution…
Dollar drops vs yen as geopolitical woes, China data sap risk appetite
The dollar fell to a 10-week low against the yen as tensions in the Middle East and soft Chinese data added bids to…
Oil prices could hit low point in first quarter: BP
The slump in global oil prices could hit bottom in early 2016 although prices are likely to remain low for the next…
