Asset Management firms lose private insurance funds and portfolios in revenues improvement
Fund and portfolio owners preferred hiring full-time investment managers or granting a commission of only one in a thousand just to comply with EFSA terms and conditions
Outstanding balance of treasury bonds reaches EGP 753bn end of September: Finance Ministry
Bonds worth $3bn will be repaid by 17 December, while other bonds worth $3.5bn are set to be repaid in the period between 1 June 2017 and 29 April 2040
FEB declares definitive rejection of applying, registering under VAT Law: board member
The federation sent a memo to the CBE, detailing the banks’ rejection to registering under VAT, in preparation to discuss the issue with the Finance Ministry, says Tantawy
Banks working to prevent customer manipulation on electronic payment cards abroad
New controls and shortening limits on card usage are being implemented to maintain the state's foreign exchange
NGO work deserves appreciation, even if they are occasionally critical of governments: German ambassador to Egypt
We have always underlined that Germany is at Egypt’s side when it comes to its long-term stability and security, says Julius Georg Luy
In Video: Tiran and Sanafir agreement in favor of Israel: Malek Adly in court
https://youtu.be/qv5Zie1PY7M
DNE News Brief: 22 October 2016
https://youtu.be/h2VFxabPUSY Daily News Egypt's round up of today's headlines in politics, business, culture, and sports.
Little-known group Lewaa El-Thawra claims responsibility for assassinating army’s 9th armour division head
Anonymous militants using private vehicle shot the high-ranking army officer in front of his residence in Al-Obour City, say army sources
Commerce chambers rage against Supply Ministry, describe confiscation of goods as “unlawful”
The Federation of Egyptian Chambers of Commerce (FEDCOC) denounced the Ministry of Supply and its Investigation Bureau for confiscating food commodities found in storage, with traders or in factories. Over…