Market unaffected by confiscated Muslim Brotherhood assets: Economic expert
Assets of hundreds of Muslim Brotherhood members, NGOs and several companies have been confiscated since Morsi’s ouster
UAB launches Euro-Arab dialogue to combat financing terrorism, money laundering
Chairman of the Union of Arab Banks, Mohamed Barakat, the President of the European Banking Federation (EBF) and Vice President of the Financial Action Task Force (FATF), opened the conference.
Qalaa Holdings to introduce Rift Valley Railways at conference
The conference will shed the light on Qalaa Holdings’ planned strategy for increasing "the presence of Egyptian businesses in Africa, with a particular focus on East African nations", a company…
EALB to launch 7 new branches: Deputy Chairman
Bank aims to provide EGP 0.5bn in financing for SMEs, says Al-Sharqawi
International lenders see economic recovery in Egypt
IFC interested in investing in Suez Canal corridor project, says IFC MENA Director Mouayed Makhlouf
New gas discovery will not cover Egypt’s needs for next 4 years: Taqa Arabia executive
Gas discovery will, however, enhance economy, reduce budget deficit and create job opportunities, says Abu Bakr
Blackstone to acquire Strategic Hotels
Blackstone has agreed to buy real estate investment trust Strategic Hotels & Resorts in a multi-billion-dollar deal. The deal is the latest move by the US private equity firm to…
KPC to establish representative office in Egypt to market products: El Molla
Egypt imports 1.5m-2m barrels of crude oil every month from Kuwait, which are then refined and their petroleum products pumped to provide local market needs.
Egypt’s economic reforms are not enough, but one step of many: British Ambassador
BP and BG investments promised during March 2015 Economic Summit in Sharm El-Sheikh exceed GCC aid
Salman affirms CBE’s independence
Following controversial statements on Egyptian pound depreciation, investment minister Salman attempted to calm down markets by confirming CBE's independence