Four financial institutions in fray for Piraeus Bank Egypt
By Mohamed El Agamy
Four international financial institutions are in the fray to acquire Piraeus Bank Egypt after Standard Chartered ended takeover talks in November las..

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  Banks

• Four financial institutions in fray for Piraeus Bank Egypt

• EXCLUSIVE: Egypt likely to cut banks' reserve ratio another 2% to free up EGP10bn

• For the 9th time: Egypt cbank keeps interest rates steady

  Business

• Nitaqat has lot of negatives: Businessmen

• Investment opportunities in private education of USD 17 billion up to 2015

• Ghali: reduction of the dollar and Chinese yuan will affect negatively developing countries

  Insurance

• El-Mohandes Insurance's GAM distributes LE2 dividends per shares

• The results of Delta Insurance adopted

• After the approval of EFSA, Al-Alameia is a registered insurance broker

  Stocks

• REBUILDING INVESTOR TRUST IN A CONFERENCE IN CAIRO

• EGX30 step up by 0.64%, gaining 42.49 points

• The 1st Egyptian fund for traded indices soon

  Estate

• 1,450 pieces of land in a public draw to citizens – Maghrabi

• A joint project between "Palm Hills" and "Pradera"

• SODIC borrows LE350m to complete the 'Allegria' project

  Companies

• Riyada Enterprise Development to acquire 50% stake In The Entertainer

• Rashid meets the National Construction to discuss the status of Omar Effendi

• ECIS loses LE120m

  Communication

• Nazif receives Microsoft Chief Operating Officer

• Telecom Egypt intends to buy Zain KSA

• Egypt wins the membership of the International Telecommunication Union

  Government & People

• Nazif agrees to import around 1m tonnes of sugar

• Minister of Finance to provide soft loans to state employees

• Re-setting the pensions of 40,000 employees in business sector companies