Barclays Plans To Expand In Egypt As French Banks Retreat
Barclays Plc (BARC) plans to add branches in Egypt this year as Britain’s second-biggest bank by assets seeks to…
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NSGB
Port Said Steel Loan Arrangers To Sign Terms & Conditions Memo In April
The National Bank of Egypt (NBE), Commercial International Bank (CIB), National Société Générale Bank (NSGB) and…
Driven By Political & Market Instability, EGX 30 Dives 6.66% In Q1/13
During the first quarter of 2013, the Egyptian Exchange has incurred losses of EGP 20 billion as the capital market…
EGX Indices Open This Week Mixed, Benchmark Falls Below 51780 Pts
The Egyptian Exchange has opened this week incurring losses of EGP 122 million during Sunday’s opening driven by…
EGX 30 Falls 0.78% In Week Driven By NSGB Takeover Deal Taxes
In a week which witnessed the announcement of imposing tax gains on the acquisition deal of National Société…
QNB Acquires 97.12% Of NSGB With Additional 19.95% Stake Purchase
QNB, Qatar’s largest lender, has bought an additional 19.95% stake in National Société Générale Bank- Egypt (NSGB)…
Tax Gains On NSGB Takeover Deal Drags EGX 30 Below 5130 Pts
During Tuesday’s closing, the Egyptian Exchange (EGX) has extended its midday losses to eventually reach EGP 5.45…
EGX: 432 Mln Securities Total Shares Offered For NSGB Takeover Deal
The Egyptian Exchange’s management stated that the total shares offered for sale as regard to the National Société…
Egypt’s Govt. Imposes Tax Gains On NSGB’s Acquisition Deal
The Egyptian Tax Authority will impose tax on shareholders and investment funds that make capital gains from the…
EGX30 Falls 2.95 % In Week As OCI Tax Dispute Weighs
The Port Said court ruling proceeded by bloody riots, massive blaze and police strike alongside the pending tax…
