Participants of political flash mob sentenced to two years with hard labour
Defence laywer says sentence will be challenged
CBE offers up $1.5bn to banks in exceptional auction
Auction aims to support banks and their role in domestic economy, central…
Abu Dhabi residential real estate rebounds strongly in 2013
Abu Dhabi’s real estate market slumped about 50% from its peak in…
Turkey ramps up lira defence with central bank crisis meeting
The lira rallied slightly shortly after the announcement.
Sawiris interested in Telecom Italia: Bloomberg
The report said that Sawiris, who runs Orascom Telecom Media and Technology,…
Egypt’s “new normal” aids financial market rebound
Egypt’s economy was growing at about 6% annually for several years before…
BG Group downgrades 2014 and 2015 guidance
Guidance for 2014 “disappointing” due to ongoing problems in Egypt
Ministry of Industry, SFD team up to support insolvent Mit Ghamr aluminium factories
Around 960 factories all over Egypt are insolvent and seeking funds to…