Deutsche Bank, BNP Paribas, Intesa Sanpaolo, Standard Chartered to arrange issuance of eurobonds this FY: El-Garhy
Minister of Finance Amr El-Garhy announced, in a press statement on Monday, that four European banks were selected to promote and arrange the issuance of euro-dominated bonds this fiscal year…
EECA announces final arrangements for 51st Cairo International Fair
Sami Younis, chairperson of Egypt Expo & Convention Authority (EECA), announced at a press conference on Monday that Prime Minister Sherif Ismail will inaugurate on Wednesday 14 March, in the…
BM achieved record profits of EGP 14.1bn at end-FY 2016/2017
ROA at 1.33%, ROE scored 16.31%
IFC to support DBACD in effort to grow microfinance in Egypt
The International Finance Corporation (IFC) will support the Dakahlya Businessmen Association for Community Development (DBACD) as it scales up its lending operations and caters to borrowers who seek larger loans,…
Suez Canal Bank achieved net profit of EGP 356m by end-2017
Total bank budget rose to EGP 40bn, up by EGP 8.6bn from 2016
Fawry POS reached 75,000 by end of 2017
Fawry electronic payment service has increased its points of sale (POS) to reach 75,000 at the end of December 2017. A source at the company said that the size of…
8 Ultras Ahlawy members detained pending investigations into stadium clashes
Prosecution accused some spectators of belonging to Muslim Brotherhood
Indian credit facility valued at $10bn, joint projects to be discussed in July: Bhattacharyya
The Egyptian government is negotiating with the Indian government to obtain loans to implement several projects through the credit line provided by India. India's Ambassador to Egypt Sanjay Bhattacharyya said…
Opinion: Per Mertesacker’s honesty deserves nothing but support
Per Mertesacker's revealing comments about the pressure of modern football have been met with some surprising criticism. DW's Jonathan Harding asks, what is the world coming to?Per Mertesacker's comments in…
Balkan Egyptians to homeland: We belong to you
About 3,000 years ago, Egyptians travelled to Balkans to bring iron to Egypt