TransCentury sells Rift Valley Railways stake to Egypt’s Citadel
Reuters - Kenya’s TransCentury said on Tuesday that it has sold its 34% stake in Rift Valley Railways (RVR) to Egyptian private equity firm Citadel Capital. Citadel said it bought…
Ahmed Zewail pledges to continue ‘scientific renaissance’
Nobel Laureate confirms recovery, says “98% of Egyptians” are behind project
Al-Azhar University expels 25 students
University permanently allows police forces on-campus following recent violence, clashes erupt in other universities
Saudi Arabia’s NCB plans capital hike before IPO
Reuters - National Commercial Bank, Saudi Arabia’s biggest bank by assets, plans to boost its capital by SAR 5bn ($1.3bn) through conversion of its retained earnings into capital, it said…
UAE lender NBF may tap capital markets: CEO
Reuters - National Bank of Fujairah, which has secured credit ratings from two international agencies, may tap the capital markets in the medium term to diversify its funding sources, its…
Rafah border crossing shut after three days of operation
Egyptian authorities had opened the border crossing for three consecutive days this week
Italy provides Egypt EGP 3.5m for solar power in Wadi Al-Rayan
The solar energy units are currently delivering electricity to 19 buildings in the area
French, Spanish car sales rally, Chevrolet fades: Trade data
AFP - French car sales picked up strongly in March after a grim year for the industry in 2013, but volumes remained low, trade data showed on Tuesday. The figures…
Egypt bourse rebounds
Reuters - Egypt’s index, which had lost 8% of its value in the previous three sessions, rebounded on Tuesday to close 1.5% higher. The dip was a result of profit-taking…
Presidential candidates kick off campaigns
Sabahy campaign accuses Al-Sisi supporters of “irregularities”
