The funds will be used to finance further development of Sea Dragon’s two petroleum concessions in Egypt.
03.10.2011
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News by
Insider Media Limited
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Egyptian Finance Minister Hazem al-Beblawy and Chairman of the Exchange Mohammed Omran opened the exchange this morning.
03.10.2011
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News by
Youm7
The Arab African International Bank has been recognized by New York-based Global Finance magazine as the best investment bank in Egypt for 2011.
03.10.2011
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News by
The Daily News Egypt
Egypt's main index rose 1.4 percent after dropping around 5 percent last week to reach a 29-month low ahead of the Friday demonstration.
03.10.2011
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News by
Reuters
Egyptian Treasury bill yields retreated at an auction on Sunday after having shot above 13 percent last month.
03.10.2011
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News by
Arab News
Beblawy said on Sunday that his country was committed to a free market economy, after the ownership of three companies was returned to the state.
03.10.2011
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News by
Al-Masry Al-Youm
Egypt's largest player in the dairy and yogurt market was cited as a "top pick" at EFG-Hermes Holding yesterday.
03.10.2011
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News by
The National
Egypt’s stock market regulator postponed introducing short-selling until “market conditions improve,” Ashraf El Sharkawy.
03.10.2011
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News by
Bloomberg Businessweek
Egypt's Alexandria Cotton Exporters' Association (Alcotexa) committed to sell 965 tonnes of cotton in the week which ended on October 1st.
03.10.2011
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News by
The Africa Report
Official sources say the law, due for eventual introduction in January 2012, will be pushed back another year.
03.10.2011
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News by
Ahram Online
According to the new proposal, Egypt would take a loan of US$3 bln with a 1.5 percent interest rate. The loan would then be paid off in 39 months.
02.10.2011
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News by
Al-Masry Al-Youm
Investment bank denies rumours its head fled the country after last week's airing of a TV rogramme detailing the firm's links to Gamal Mubarak.
02.10.2011
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News by
Ahram Online
EU officials are set to reconsider the ban at the end of October. However, Egypt hopes that the ban may be lifted sooner.
02.10.2011
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News by
Bikyamasr
Unknown saboteurs have been damaging terrestrial cables for Telecom Egypt (TE) in several areas across Egypt since January.
02.10.2011
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News by
Al-Masry Al-Youm
Ezz Steel headed for the biggest gain in almost two weeks after announcing it will pay a cash dividend.
02.10.2011
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News by
Bloomberg
Egypt's government is looking at ways to reduce its dependence on borrowing from local banks because it is a burden on the economy.
02.10.2011
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News by
The Egyptian Gazette
There are grave concerns the European financial crisis could derail the recovery of Egypt's tourism sector, the country's minister of tourism says.
02.10.2011
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News by
The National
Dr. Shawy Elsayed expected court on Tuesday to postpone ruling in Madinaty case based on requests from other parties.
02.10.2011
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News by
Arab Finance
Hisham Fahmy reassured American investors that the revolution’s effects on economic stability will prove minimal as political stability returns.
Papers by
American Chamber Of Commerce in Egypt
