QNB in final stages of NSGB acquisition
Qatar National Bank (QNB) Group announced that it is in “definitive agreement” with the French bank Societe Generale concerning the acquisition of its entire stake in National Societe Generale Bank…
Armed forces cancel national meeting
Call for dialogue meeting postponed shortly after being scheduled
SCAF-instated CBE law modifications to be confirmed by Morsy
President Morsy will issue a declaration in a few days to amend 2 articles of the presidential decree number 64 for 2004 governing the Central Bank of Egypt, according to…
Referendum split
Concerns over the legality of decision to spread the referendum over a week and the integrity of the results
Saber sentenced to three years for blasphemy
Egyptian activist to spend three years in prison for questioning religion and role of clerics
Financial community pessimistic
By Mahmoud Kasas Experts in finance and investment banking agreed that the government’s recent decision to postpone the signing of the $4.8 billion IMF loan will have a negative impact…
Delay of IMF deal presages economic deterioration
Anxiety due to possible downgrading of Egypt’s credit rating and the collapse of the Egyptian pound
Egypt Railways seeks EGP 320 million to fund new development project
Three new companies have been created for the purpose of improving service for long/short term travel and freight trains
East Cairo Attorney General announces return to bench
Mostafa Khater responded to decision to transfer him by saying he would return to work as a judge
NCHR to manage the process of observing the referendum
The council demands all organisations willing to observe the referendum to sign up for permission