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GMC GROUP FOR INDUSTRIAL COMME   1.29        Telecom Egypt   11.48        Modern Company For Water Proof   1.03        Ismailia Misr Poultry   2.45        El Arabia for Investment & Dev   0.34        Egyptian Real Estate Group   6.85        Pioneers Holding   2.84        Ezz Steel   7.86        Orascom Telecom Holding (OT)   3.92        Rakta Paper Manufacturing   4.39        Egyptian Iron & Steel   6.87        Naeem Holding   0.19        Canal Shipping Agencies   7.39        Misr Chemical Industries   5.65        United Arab Shipping   0.43        Egyptians Housing Development    1.94        Universal For Paper and Packag   4.94        Northern Upper Egypt Developme   4.93        Egyptian for Tourism Resorts   0.69        Orascom Construction Industrie   240.82        Modern Shorouk Printing & Pack   7        Upper Egypt Contracting   0.8        Egyptian Financial Group-Herme   7.42        Heliopolis Housing   21.65        United Housing & Development   8.93        Raya Holding For Technology An   4.57        International Agricultural Pro   2.1        Gulf Canadian Real Estate Inve   18.08        Alexandria Pharmaceuticals   45.71        Arab Cotton Ginning   2.46        Egyptian Chemical Industries (   7.26        National Real Estate Bank for    11.84        National Development Bank   6.72        Six of October Development & I   15.03        Oriental Weavers   20.66        Arab Gathering Investment   16.29        Egyptians Abroad for Investmen   2.75        Palm Hills Development Company   1.61        Credit Agricole Egypt   9.04        Remco for Touristic Villages C   2.13        Commercial International Bank    29.87        El Ezz Porcelain (Gemma)   1.9        Egyptian Starch & Glucose   5.4        Arab Real Estate Investment (A   0.41        South Valley Cement   3.12        Citadel Capital - Common Share   2.5        Rowad Tourism (Al Rowad)   5.05        Union National Bank - Egypt "    3.25        Ceramic & Porcelain   2.88        El Nasr Transformers (El Maco)   4.78        Egyptian Media Production City   2.31        GB AUTO   27        Sharkia National Food   3.78        Egyptian Transport (EGYTRANS)   7.85        El Kahera Housing   4.97        El Shams Housing & Urbanizatio   2.45        Egyptian Kuwaiti Holding   0.7        ARAB POLVARA SPINNING & WEAVIN   2.11        Cairo Poultry   8.32        Egyptian Financial & Industria   8        T M G Holding   4.03        Asek Company for Mining - Asco   10.66        Misr Hotels   27        Egyptian Electrical Cables   0.56        Medinet Nasr Housing   22.51        Mena Touristic & Real Estate I   1.21        ELSWEDY CABLES   18        Al Arafa Investment And Consul   0.17        Prime Holding   0.91        Alexandria Spinning & Weaving    0.74        General Company For Land Recla   16.6        Gharbia Islamic Housing Develo   8.41        Alexandria Cement   8.9        Arab Valves Company   0.94        Sidi Kerir Petrochemicals   12.4        TransOceans Tours   0.09        Egyptian for Developing Buildi   6.43        Egyptian Gulf Bank   1.24        Kafr El Zayat Pesticides   18.19        Faisal Islamic Bank of Egypt -   35.1        National company for maize pro   11.86        Delta Construction & Rebuildin   4.03        Zahraa Maadi Investment & Deve   48.25        Samad Misr -EGYFERT   3.52        Egypt for Poultry   1.41        Cairo Development and Investme   11.7        Cairo Pharmaceuticals   20.1        Maridive & oil services   0.9        Suez Canal Bank   3.75        Nile Pharmaceuticals   15.81        The Arab Dairy Products Co. AR   73.85        National Housing for Professio   14.39        El Ahli Investment and Develop   4.87        Egyptian Saudi Finance Bank   10.79        Ismailia National Food Industr   5.16        National Societe Generale Bank   25.52        Acrow Misr   19.16        Alexandria Mineral Oils Compan   63.63        Paper Middle East (Simo)   5.59        Egypt Aluminum   12.31        Giza General Contracting   13.12        Middle Egypt Flour Mills   5.82        Extracted Oils   0.6        Assiut Islamic Trading   4.56        Engineering Industries (ICON)   3.95        North Cairo Mills   15.3        Arab Pharmaceuticals   11.88        Grand Capital   5.38        El Ahram Co. For Printing And    10.68        Minapharm Pharmaceuticals   25.49        El Arabia Engineering Industri   13.52        El Nasr For Manufacturing Agri   9.71        Naeem portfolio and fund Manag   1.7        Faisal Islamic Bank of Egypt -   6.76        Natural Gas & Mining Project (   68.26        Housing & Development Bank   13.95        East Delta Flour Mills   31.5        Orascom Development Holding (A   3.22        Memphis Pharmaceuticals   11.12        Abou Kir Fertilizers   134.23        Delta Insurance   5        Cairo Investment & Real Estate   12.18        Cairo Oils & Soap   12.98        Egyptian Arabian (cmar) Securi   0.36        Egyptian Real Estate Group Bea   15.56        Alexandria Containers and good   85.51        Upper Egypt Flour Mills   45.78        Development & Engineering Cons   9.94        Sinai Cement   15.18        Medical Union Pharmaceuticals   28.01        Torah Cement   24.2        Alexandria New Medical Center   46.55        Export Development Bank of Egy   5.04        Egyptian Company for Mobile Se   92.02        Middle & West Delta Flour Mill   32.7        El Kahera El Watania Investmen   4.18        Mansourah Poultry   12.41        Delta Sugar   11.04        Misr Beni Suef Cement   41.21        Egyptian Satellites (NileSat)   6.14        Cairo Educational Services   17.75        Lecico Egypt   7.55        Sharm Dreams Co. for Tourism I   5.3        General Silos & Storage   10.77        Al Moasher for Programming and   0.66        UTOPIA   5.28        Arab Ceramics (Aracemco)   25.4        Barbary Investment Group ( BIG   0.98        


Business - Banks

Sayed Badr - 2013-03-14 11:41:54
The National Société Générale Bank (NSGB) has not submitted a disclosure form to the Egyptian Financial Supervisory Authority (EFSA), as per Article No.16 of listing rules, to increase its issued and paid-in capital through bonus share distribution. NSGB's board of directors had proposed paying cash dividend at EGP 1.25 per share. It also approved increasing issued and paid-in capital by EGP 443.535 million, through 1-for-10 bonus share distribution, to reach EGP 4,878,894,920, which will be financed from public reserves as on December 31, 2012. The proposed dividend payout and bonus share distribution will be discussed by shareholders in their upcoming general meeting. More»
Abd Elhalem Elgendy - 2013-03-14 11:14:16
Banque Du Caire has approved to offer credit facilities worth EGP 250 million to finance the working capital of a company of food industries specialized in wheat and fodder. The bank has also approved to offer credit facilities worth US$ 34 million with period of 30 months to Middle Delta Electricity Production Company to finance the importing of spare parts for the company's power plants, said Tamer Moustafa, head of corporate credit sector at the bank. Banque Du Caire's corporate credit portfolio reached EGP 11.6 billion at the end of 2012, he added. More»
Sayed Badr - 2013-03-14 10:59:09
National Société Générale Bank's (NSGB) portfolio of loans and credit facilities rose EGP  1.963 billion (5.6%) to reach EGP 37.06 billion at the end of last December, compared to EGP 35.09 billion at the end of 2011. The loans and similar income achieved return of EGP 1.4 billion in 2012. The bank's financial statements show that deposit portfolio rose to EGP 53.7 billion at the end of 2012, compared to EGP 51.7 billion at the end of 2011, registering an increase of EGP 2 billion (EGP 3.9%). The cost of deposits and similar costs reached EGP 697.6 million at the end of 2012. The bank's investments in treasury bills reached EGP 12.2 billion at the end of last December, compared to EGP 9.9 billion at the end of 2011, registering an increase of 2.306 billion (23.3%). The value of the bank's assets hiked EGP  3.9 billion (6.3%) to reach EGP  66.4 billion at the end of 2012, compared to EGP 62.5 billion at the end of 2011. More»
Radwa Alaa - 2013-03-14 10:14:00
The Central Bank of Egypt (CBE) offers US$ 40 million to local banks on Thursday at its 34th FX auction and the 18th one since the appointment of Hisham Ramez, governor of CBE. The value of dollars offered at FX auctions since Ramez held CBE reached US$ 775 million. CBE decided to allocate a ration of dollars to each bank ranging from 10% to 35% according to its market share and volume of letters of credit, in an attempt to regulate the monetary market and supply each bank with its requirements with rationing the value of dollars disbursed so as to reduce the depletion of foreign currency which fell to US$ 13.5 billion at the end of last February. The US dollar’s price surged this week against the Egyptian pound to EGP 6.8028 (buy price), compared to EGP 6.7858 last week, registering the highest increase since Ramez held CBE last February. The value of dollar is close to that before Ramez became governor of CBE as it surged EGP 0.44 to reach EGP 6.81 since the implementation of FX auction mechanism at the end of 2012, up from EGP 6.37. Then, the value of dollar began to fall against the Egyptian pound concurrently with the appointment of the new governor at the beginning of last February as the value of dollar dropped EGP 0.08 to register EGP 6.73 on the second day since Ramez assumed the responsibilities of the new position. More»
Mohamed Hamdy - 2013-03-14 09:53:57
The Egyptian banking sector's investments in treasury bills rose 0.4% (EGP 1.4 billion) to reach EGP 383.74 billion at the end of last December, compared to EGP 385.17 billion at the end of last November. The latest report issued by the Central Bank of Egypt (CBE) shows that the banks' investments in 91-day T-bills surged EGP 1.8 billion to reach EGP 12.9 billion at the end of last December, compared to EGP 11.15 billion at the end of last November. The banks' investments in 182-day T-bills fell 1.3% (EGP 1 billion) to reach EGP 77.9 billion at the end of last December, compared to EGP 78.9 billion at the end of last November. The banking sector's investments in 266-day T-bills and 273-day T-bills dropped about EGP 2 billion and EGP 3 billion, respectively at the end of 2012. The banks' investments in 364-day T-bills hiked EGP 5.4 billion to reach EGP 98.3 billion at the end of last December, compared to EGP 92.9 billion at the end of last November. The public-sector banks invested EGP 135.3 billion, private-sector banks invested EGP 109.7 billion, specialized banks invested EGP 23.8 billion ad foreign banks invested EGP 13.9 billion in T-bills as of the end of 2012. More»