October 21, 2018

Egypt shares to move sideways amid weak liquidity as investors await fresh stimulus

Egypt shares are seen by analysts to move sideways this week as investors await fresh stimulus to reposition in blue-chips stocks capitalizing on their attractive prices.

“The main index was unable to exceed"...

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NBE, NAT, Metro Management sign protocol to develop e-payment system for Cairo Metro October 22, 2018

The National Bank of Egypt (NBE), the National Authority for Tunnels (NAT), and the Egyptian Company for Metro Management and Operation signed a cooperation protocol to"...

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SAIB’s strategy to be finalised, presented to board by end of 2018: chairperson October 22, 2018

The Board of Directors of SAIB Bank will finalise its work strategy in the coming years by the end of this year, according to Tarek El-Kholy, chairperson and Managing Director"...

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Blue Valley eyes 20% increase in exports October 22, 2018

Blue Valley for agricultural exports aims to increase its exports by 20% next year, by expanding in East Asia and Romania.

Mohamed"...

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IDBE, DFC sign cooperation protocol to finance furniture manufacturers October 22, 2018

The Industrial Development and Workers Bank of Egypt (IDBE) signed a cooperation protocol with the Damietta Furniture City (DFC) to finance furniture manufacturers and artisans"...

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Telecom Egypt signs $500m medium-term syndicated loan October 20, 2018

Arab Finance: Telecom Egypt (ETEL) has signed a USD 500mn medium-term syndicated loan, which will be used to support its capital and operational expenditure, and refinance an existing short-term facility.

First Abu"...

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Heliopolis Towers Hotel Brings Freshness of Alexandrian Seafood to Heart of Cairo October 17, 2018

CAIRO – 16 October 2018: Heliopolis Towers Hotel recently hosted a mouthwatering event bringing Alexandria to the heart of the Cairene capital. Celebrating the best of the Mediterranean city, the world-renowned hotel has pulled off an unrivaled seafood day under the theme of “a"...

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