ALL NEWS

15 Dec 2019

Egypt’s central bank plans United Bank stake sale within H1-2020: governor

Cairo: Egypt’s Central Bank Governor Tarek Amer said on Wednesday he expects the deal to sell a stake in the United Bank to complete within the first half of 2020.

United Bank, owned by the central bank, was"...

Continue Reading

15 Dec 2019

Drop in leading stocks pushes EGX30 to decline further, though expected to bounce back this week

Dealers in the Egyptian Exchange (EGX) expected its benchmark index to target 13,200 points this week after closing at 13,380 points in more than one session last week, while the leading stocks continue to pressure EGX30, including the Commercial International Bank (CIB) and Sidi Kerir Petrochemicals"...

Continue Reading

15 Dec 2019

Etisalat Misr’s investments in Egypt hit EGP 50B since 2007

Cairo: Etisalat Misr, the Egyptian unit of the UAE’s Etisalat, has invested 50 billion Egyptian pounds ($ 3 billion) in the Egyptian market since its inception in 2007, according to chairman Gamal El-Sadat.

He"...

Continue Reading

15 Dec 2019

Gharbia Housing oks in principle acquisition of Solik Group

ArabFinance: Gharbia,Islamic,Housing's Board of Directors (BoD) approved to hire an Independent Financial Advisor to prepare fair value study for Solik Group for Real Estate Investment. The Company ratified in principle acquiring 100% of Solik Group according to the report of the financial"...

Continue Reading

15 Dec 2019

Bank Audi Egypt targets SMEs portfolio of EGP 5bn by 2019 end: managing director

Bank Audi Egypt aims to increase its small and medium-sized enterprises (SMEs) loan portfolio to EGP 5bn by the end of 2019, in line with the Central Bank of Egypt’s (CBE) SMEs initiative, Mohamed Bedeir, managing director of Bank Audi Egypt, told Daily News Egypt.

Bank"...

Continue Reading

15 Dec 2019

Crédit Agricole Egypt primarily aims to achieve sustainability, innovation: managing director

Crédit Agricole says its main goal is to achieve sustainability and innovation, as well as supporting the state in digital transformation, encouraging electronic payments, and financial inclusion.

Pierre Finas,"...

Continue Reading

15 Dec 2019

2020 is the year of sustainability on Arab stock exchanges: AFE’s Secretary General

The Arab Federation of Exchanges (AFE) has been working on launching a development strategy to localise financial technology in Arab stock exchanges, and sustainable development, declaring 2020 the year of sustainability in Arab stock exchanges.

“Reforming"...

Continue Reading

15 Dec 2019

DMS Announces New Appointment as Exclusive Media Representatives for Mubasher.info

Digital Media Services (DMS) – the digital arm of Choueiri Group, recently announced their latest appointment as the Exclusive Media Representatives for Mubasher.info - The Middle East and North Africa’s most-preferred Arabic-language platform for equity market news, data, analysis"...

Continue Reading

15 Dec 2019

Cooper Fitch Unveils UAE and KSA Salary Expectations For 2020

The United Arab Emirates’ (UAE) job market is headed for a much-needed job stability boost in 2020 following a spate of restructurings and mergers that have jolted workforce hirings and compensation.

But while"...

Continue Reading

14 Dec 2019

Signify’s global investments €7.5B, sales in Egypt reach €26m: Devan Pillay

Cairo: Signify, formerly known as Philips, specialised in manufacturing lighting products announced its intention to implement €150m worth expansions and project development globally next year.

Daily News Egypt"...

Continue Reading
Found articles: - Pages  
Contact US | Powered by CNPHUB.com - All Rights Reserved