Month: July 2017

Egyptian pound fist to fist with US dollar yet again

Local currency began appreciating again by 21 piastres in four days, market…

Hossam Mounir

Arab African International Bank increases Golden Saving Account rates to 14% annually

The Arab African International Bank (AAIB) raised the interest rates for the…

Daily News Egypt

NBE does not intend to issue bonds on foreign markets: vice chairperson

We aim to offer the bonds with a suitable return and the…

Hossam Mounir

United Bank to reduce its troubled debt portfolio to less than EGP 2bn by 2017 end: chairperson

The bank seeks to increase its profits by more than 100% by…

Hossam Mounir

Analysts expect negative effects on EGX after raising interest rates

Continuation of increased interest on savings threatens the attractiveness of stocks: experts

Mahmoud Hashem

EGX ranks third best performing Arab stock market amid expectations of continued progress

KSE tops the list, QSE tails, six Arab bourses suffer losses, including…

Alia Stouhi

2 policemen killed, 9 injured in Al-Arish checkpoint bomb attack

The attack occurred a few hours after the Ministry of Interior announced…

Daily News Egypt

Wimbledon: Andy Murray and Roger Federer lead criticism of courts

Andy Murray and Roger Federer are among the players who have complained…

Deutsche Welle

Werder Bremen friendly called off after Ajax’s Abdelhak Nouri collapses

A friendly match between Werder Bremen and Ajax Amsterdam was called off…

Deutsche Welle

Second legislative term sees highest number of laws passed since 1866

The parliament concluded the second legislative term with 217 laws passed

Farah Bahgat