OTMT To Pay EGP 1.05 Dividends Amid Mobinil Sale, Net Profits Hit EGP 4.56 Bln
Egypt's Orascom Telecom Media and Technology (OTMT.CA) said on Tuesday it would distribute a 1.05 Egyptian pound…
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Orascom Telecom Media Approves Khaled Bichara’s Resignation
During its BOD meeting, Orascom Telecom Media And Technology Holding (OTMT.CA)has announced Tuesday that the…
EGX Main Index Nears 4500 Pts; Orascom Telecom Media 9.32% Up; Midday
The Egyptian Exchange (EGX) had on Tuesday midday posted gains of EGP 2.51 billion as the capital market…
NILEX Shares Mostly Flat; Utopia Solely Up
On Tuesday, NILEX’s listed shares have witnessed an unsteady performance amidst trading in 6 securities in which5…
EFG-Hermes: No Penalty Clause In QInvest Deal In Case of Annulment
EFG-Hermes Holding (HRHO.CA) asserted in a statement made on Tuesday that the signed deals with QInvest regarding…
Planet Deal Serious, EFG-Hermes Showed No Interest: Al-Housseiny
Planet IB stated that it is ready to submit copies of investors’ letters of approvals to offer capital investments…
QInvest Deal Is Legally Binding: EFG-Hermes
A tie-up between Egyptian investment bank EFG Hermes (HRHO.CA) and Qatar's QInvest, approved by EFG shareholders on…
Europe Shares Mostly Higher Amid Choppy Session
Continued unease over the euro-zone’s debt crisis and Spain’s bailout package made for another choppy session for…
Egypt’s MB Drafts Code To Boost Islamic Banks
The political party of Egypt's Muslim Brotherhood, which has the biggest bloc in parliament, is proposing changes…
Rift Widens Over Egypt’s New Constitution Plans
A group of liberal and leftist political parties decided on Monday to forgo their seats in the assembly that will…