Month: May 2016

Global Lease aims to increase its portfolio to EGP1.3bn by end of 2016

Global Lease secured 12.75% of the lease financing market share in the…

Hossam Mounir

AccorHotels’ presence in Egypt aided expansion across the region: Middle East COO

Granet oversees the overall operations of AccorHotels’ diverse portfolio of internationally renowned…

Maya Nawar

Investigation into death of 8 Mexican tourists still ongoing: Foreign Ministry

Independent investigative bodies are currently handling the issue, awaiting final result, says…

Daily News Egypt

AT Brokerage directs institutions and Arab investors to cover IPO of AT Lease

The company received purchase orders covering 97.65% of the IPO as of…

Mohamed Ahmed

Standard & Poor’s report reinforces the bearish descent towards 7,425 points

Standard & Poor's revised on Friday its future outlook of the Egyptian…

Mohamed Ahmed

Public banks stop selling their 15% interest certificates on Sunday

The three state-owned banks have begun offering these certificates in mid-March 2016

Hossam Mounir

331 ships transit Suez Canal carrying 19.2m tonnes last week

An average of 47.3 ships transited the canal per day during that…

Mohamed Ahmed

Prosecution renews journalists Badr, Al-Saqa’s detention for 15 days

The journalists have been charged with calling for protests and Al-Sisi's assassination

Daily News Egypt

Shoukry, Kerry discuss bilateral relations and regional affairs

Shoukry put an emphasis on the strategic importance of the Egyptian-US relations…

Daily News Egypt

EGX’s technological infrastructure development plan begins with establishment of first modern data centre

New disaster recovery building to be built in Fifth Settlement as part…

Mohamed Ahmed