First Independent Mena Newspaper
Egyptian stock markets began the week in a state of stagnation with almost no news to inspire the local market. However, one of the big icons of its market, Orascom Telecom Holdings was nearly taken out of the exchange list after almost 10% of its shareholders were bought out. The delisting of the telecommunication firm […]
Negotiations have begun between E-Finance, an electronic payment company, and several other Egyptian banks for the availability of Automated Clearing House (ACH) services in their institutions. The ACH are believed to boost bank transactions. The banks involved are Blom Bank Egypt, Crédit Agricole Egypt, Arab Bank, National Société Générale Bank, Arab Banking Corporation and Commercial […]