Egypt main index hits 7-month low on bourse manipulation case
Egypt’s main stock index on Sunday closed at its lowest level since February 13, over a new court ruling issued on…
Browsing Tag
Hassan Heikal
Economist Heikal attacks Riyadh over halting oil shipments to Egypt
Egyptian economic analyst Hassan Heikal, the grandson of late renowned author Mohamed Hassanein Heikal, criticized…
Egypt’s EFG Hermes Says Co-CEO Heikal Quits
EFG Hermes (HRHO.CA), Egypt's largest investment bank, said its co-chief executive had resigned after 18 years with…
EFG-Hermes Plans Asset Sales As QInvest Deal Fails
EFG-Hermes Holding SAE (HRHO.CA), Egypt’s largest investment bank, said it will sell assets and cut costs after an…
Egypt Bourse Struggles Under Heavy Hand Of Government
Egyptian fund manager Mohamed Ayad watched his clients lose money for months until he himself became a victim of…
EFG-Hermes Says No Word From Egypt Regulator On Qinvest Deal
EFG-Hermes (HRHO.CA), the Middle East's largest investment bank, said on Tuesday it has not received notification…
Egypt Premier Pledges Hermes-QInvest Deal Completion This Week – Sources
Egypt’s Prime Minister Hisham Kandil, vowed Hermes-QInvest takeover deal’s completion procedures before the…
IGA Is Delaying EFG Hermes-QInvest Deal; Sources
The Egyptian Illicit Gains Authority (IGA) has sent a notice to Egypt’s financial regulator (FSA) asking not to…
EFG-Hermes Takeover By Qinvest Mired In Delays As Deadline Nears
The takeover of EFG-Hermes Holding SAE (HRHO.CA), Egypt’s biggest investment bank, by Qatar’s QInvest LLC is…
EGX 30 Ends This Week Above 5220Pts Powered By Court Ruling
The Egyptian Exchange (EGX) has ended this week posting gains of EGP 3.04 billion powered by the Egyptian court’s…
