BASF closes Egyptian ops amid unrestGerman chemicals group BASF said on Friday it closed its Egyptian operations on Thursday because of the violent political protests in the country. "The safety of our employees has top priority. We are observing the situation More… |
Mashreq bank launches Egypt operationsDubai-based Mashreq Bank on Wednesday launched its Egyptian operations with ten branches in Cairo and Alexandria and a capital outlay of 560 million Egyptian pounds ($99.4 million). Speaking at the launch, the bank's chief execut More… |