EGX-listed Palm Hills stock has skyrocketed 8.12% to EGP 2.53, leading way on gains, in the first half of today’s session.
05.07.2011
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News by
Mubasher
Egypt’s state-owned landline operator Telecom Egypt announced on Sunday that it lost some 86 million Egyptian pounds.
05.07.2011
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News by
Bikyamasr
Orascom (OCI) plans to allocate $ 200 million of the $ 300 m (IFC) loan to catch investment chances in fertilizer markets in Australia, Europe & USA.
05.07.2011
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News by
Arab Finance
The United Arab Emirates (UAE) announced on Monday a US$3 billion aid package to Egypt, according to the state news agency WAM.
05.07.2011
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News by
Al Ahram
Egypt's ruling military council on Monday approved the government's revised draft annual budget.
05.07.2011
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News by
Youm7
Egyptian Prime Minister Essam Sharaf reiterated his country's interest in removing any barriers to UAE investments in Egypt.
04.07.2011
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News by
Emirates News Agency
Announcing this on Monday, Citadel Capital said as per the agreement, the DEG will invest $14 million, while EIB will pump in $7 million.
04.07.2011
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News by
Trade Arabia
Deutche Bank cut EFG-Hermes (HRHO) target price by 8% to EGP23 from EGP25 previously.
04.07.2011
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News by
Arab Finance
OPIC an independent agency of the US government, secured $500 million in loans for small businesses in Egypt and Jordan.
04.07.2011
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News by
The Egyptian Gazette
Egypt is looking to cover a budget deficit of EGP134 billion, or 8.6% of gross domestic product, mostly from "the local market," Radwan said.
04.07.2011
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News by
Zawya
"Welcome to the land of peaceful revolution," declares the new tourism slogan.Egypt has become a regional case study of the economic challenges.
04.07.2011
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News by
The National
Mthuli Ncube said the unrest in Egypt, Libya and Tunisia will probably reduce economic growth in North Africa this year to 0.7% from 4.7% last year.
04.07.2011
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News by
Mail & Guardian online
Egypt's central bank said it will offer LE 6 billion in 7-day repurchase agreements in the money market on Tuesday at a fixed rate of 9.25 percent.
04.07.2011
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News by
The Daily News Egypt
Supreme Council of the Armed Forces approved the 2011/2012 state budget on Thursday, the provision for pensions was increased by LE9 billion.
04.07.2011
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News by
Al Masry Al Youm
Cairo's governor Dr. Abdel-Kawi Khalifa met with Ibrahim al-Araby, the chairman of Cairo's Trade Chamber, to discuss ways of cooperation.
04.07.2011
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News by
Youm7
The Egyptian Finance Ministry is planning to create 15 projects with investments of 100 billion Egyptian pounds.
04.07.2011
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News by
BikyaMasr
Egypt has approved of setting up a cultural bureau in China's capital Beijing,Egyptian state news agency MENA reported Sunday.
04.07.2011
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News by
People's Daily Online
On Thursday, the government cancelled an auction of treasury bills due to the high prices demanded by banks.
04.07.2011
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News by
Al Ahram
Shari'ah loans like the Islamic Development(IDB) $2.5bn package are clearly the best fit for Egypt's financing needs.
04.07.2011
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News by
Zawya
Also known as El Saed Contracting Co., offloaded 1.76 million out of 11.1 million treasury shares last week. The sale period will end on July 29th.
04.07.2011
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News by
Mubasher