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Al Baraka bank to open a branch in administrative capital

Wednesday 11/07/2018 13:10

By Ahmed Desouqy and Essam Emairah: CEO of Al Baraka Banking Group Adnan Ahmed Yousif, who is the chairman of Al Baraka Bank – Egypt, said that...
Energy subsidy cuts trigger June jump in consumer inflation

Wednesday 11/07/2018 12:12

Reuters: Egypt’s annual urban consumer inflation surged to 14.4 percent in June as cuts to energy subsidies imposed under an IMF loan deal hit ...
Samsung opens world's biggest smartphone factory in India

Wednesday 11/07/2018 11:31

AFP: Samsung opened the world's largest smartphone factory in India on Monday, a move Prime Minister Narendra Modi said would help transform Asia's t...
Inflation rate accelerates for first time in 11 months

Wednesday 11/07/2018 10:26

Bloomberg: Egypt’s inflation accelerated for the first time in 11 months in June after the government slashed fuel and electricity subsidies to...
Weighting of pharmaceuticals to up on the new health law: Pharos

Tuesday 10/07/2018 21:48

By  Mona Abd El-Bary Pharos Investment Bank advised weighting of two shares of small-capital pharmaceuticals to be raised on the backdrop of pred...
Egypt's three children corpses show internal organs kept intact

Tuesday 10/07/2018 20:54

By Al-Mal Initial  examinations showed corpses of the three children found wrapped in plastic bags today in a rotten condition next to  an ...
AFIM to increase assets under management by 65%

Tuesday 10/07/2018 19:23

By Ahmed Aly Al Ahly Financial Investments Management plans to increase assets under management  by 65% to EGP15bn next year in addition to execu...
Renovating historical hotels subject of negotiations with NBE

Tuesday 10/07/2018 18:27

By Ahmed Ashour The Egyptian General Co. For Tourism and Hotels ( Egoth) is negotiating with the National Bank of Egypt financing a  renovation ...
Egypt-based rebar producers want dumping fees to be slapped on Saudi imports

Tuesday 10/07/2018 17:39

By Morsy Ezzet Egypt-based producers of steel rebar urged Ministry of Trade and Industry to impose dumping fees on Saudi rebar imports. " With energ...
Akhnaton University to borrow EGP 600mn from local lenders

Tuesday 10/07/2018 14:04

By Sherif Omar: International Company for Educational Services is involved in negotiations with some local banks to borrow EGP 600mn to finance a proj...