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Recovery of stock market depends on stabilising US dollar at EGP 12: Beltone Financial
Lack of integrated economic policy wasted the benefits of Egyptian pound’s devaluation

The CBE’s strategy to encircle imports failed to save dollars
Egypt’s economy is linked to a number of imported raw materials, says El-Desoki

CIB wins court judgment to sell CI Capital
The Cassation Court ruled in Commercial International Bank-Egypt’s (CIB) favour in its a legal dispute with the shareholders of CI Capital, 99.98% of whose shares the bank now owns, according to press statement on Thursday. The statement said that the judgement allows CIB-Egypt to proceed with the completion of a deal to sell CI Capital …

ADIB posts EGP 1.852bn increase in net loans portfolio
Loans portfolio at the bank increased by 1% in Q4 of 2015, compared to Q3, and by approximately 21.9% compared to December 2014: Beltone

Healthy market with huge potential
Financial sector outperforms MENA peers and offers profitable opportunities

ETFs as successful as EGX-30: Beltone Financial executive
ETFs were launched under “difficult circumstances”, chairman of EGX

Beltone Financial prepares IPOs worth more than EGP 10bn
The board of directors is considering to change the company’s name and the adaptation of a new strategy

Crédit Agricole double QOQ net profit
Amount of loans in Q4 2014 valued at EGP 13.2bn

EFSA agrees to Sawiris’ purchase of 20% of Hermes, expert expects different evaluation by HC
EFG-Hermes announced Wednesday that it appointed investment bank HC Securities and Investment as financial adviser to deal

Purchase offer period ends as QNB acquires 100% of NSGB
Qatar National Bank bought each share at EGP 35.65, with the total value of the sale reaching EGP 16.142bn