The new Suez Canal project will be funded by debt certificates to be issued “in about a week”.
16.08.2014 AlArabiya
Without any reform, the total deficit would reach 243 billion EGPs ($34 billion), or around 12% of gross domestic product (GDP).
15.08.2014 AlMonitor
SunGard to help build a new operational framework for improved risk exposure, reporting and Basel compliance.
14.08.2014 Banking Business Review
The main Egyptian benchmark rose 0.4 percent, its sixth gain in seven sessions, to 9,274 points, bringing its gains to 87 percent.
13.08.2014 Business Recorder
CIRF and Rasmala Securities both had a technical standard of 93.5% each, while HC and Prime stood at 93.1%.
12.08.2014 Daily News Egypt
New fund will serve as a charitable foundation that receives donations from the Egyptian community in the United States, says PM’s media adviser.
11.08.2014 Daily News Egypt
The government purchased wheat for 420 Egyptian pounds ($58.74) per ardeb (150 kg) in the most recent harvest season which ended in June.
11.08.2014 Reuters
Pace of growth in seven Middle Eastern countries remains “far below” the rates expected in the 2000s, the World Bank indicates.
11.08.2014 Daily News Egypt
Annual core inflation rose to 9.35 percent in July from 8.76 percent in June, the central bank said in a statement later on Sunday.
11.08.2014 Zawya
Sherif further stated that Barclays Egypt's board allocated more than EGP 6 million for Corporate Social Responsibility and donations.
09.08.2014 Zawya