Credit Agricole studying demand for real estate funds: Bank official
The head of the Credit Agricole Treasury said that the bank will cover any government proposals for international bonds in a commentary on the government’s intention to put up bonds…
Non-cash transactions in Egypt up to 7%; consultations underway with CBE for electronic services: Bankers
The size of non-cash transactions in Egypt has reached approximately 7%, the head of business at MasterCard Egypt said during the People and Banks conference on Thursday. He added that…
Banking sector supporting demand for corporate lending: National Bank of Egypt president
Banking sector believes in growing demand for corporate lending as well as credit rating improvement for the country, says Hisham Okasha
Barclays targeting EGP1bn loan portfolio growth by end of 2014: Executive
Barclays had originally targeted EGP 5bn by the end of 2014, with the bank also targeting a EGP 2bn increase in its retail banking portfolio by the end of the…
Consilio Group plans $100m investment in electricity production from solar energy
Recurring electricity outages over the past three years due to a shortage in natural gas and diesel have prompted the government to search for energy alternatives, including solar power.
50,000 children facing death in war-torn South Sudan: UN
War in the young nation has already killed thousands and forced more than 1.5 million people from their homes, and aid agencies warn of the risk of famine should fighting…
US posts $18m bounty for four African militants
AFP - The United States posted $18m in rewards Friday for the capture of four African militants involved in the kidnapping of foreigners and attacks on Western targets. Some $5m…
Sentence is revenge for 25 January revolution: Shura Council defendants
Defendants sentenced to 15 years for breaking Protest Law, begin procedures for retrial
UK parliamentary group visit to strengthen Egypt ties
MPs expected to meet Al-Sisi, foreign minister and other top officials on three-day visit
Anti-Coup Alliance calls for uprising on anniversary of Morsi ouster
Statement accuses government of “absence of vision”, treachery