EGX Losses 2 Bln, Main Index Closes Below 4500 Pts
The Egyptian Exchange (EGX) had on Wednesday’s closing posted losses of EGP 1.9 billion as the capital…
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Banks Lifts Europe Shares Ahead of ECB Decision
Banks lifted European stock markets on Wednesday, as investors awaited an interest rate decision from the European…
NILEX Shares Mostly Flat, Utopia Solely 4.85% Down
On Wednesday, NILEX’s listed shares have witnessed unsteady performance amidst trading in 4 securities in which 2…
China’s Unipac To Win Egypt’s EGPC Sale Tender
State-owned Egyptian General Petroleum Corp (EGPC) is expected to award China's Unipec the bulk of 630,000 tonnes…
Egyptian Exchange Opens Higher, Gains EGP 1.3 Bln On Leading Shares
The Egyptian Exchange (EGX) opened higher on Wednesday gaining EGP 1.3 billion as the capital market…
Gold Tops $1.620, To Recoup Recent Loss
Gold futures on Tuesday looked to recoup what they lost in the previous session, finding support as a conference…
U.S. Shares Slight Gains On ISM Services Index
U.S. shares tallied slight gains Tuesday, with the Dow industrials set to break a four-day losing streak, after a…
Planet Says Sawiris Still Backs EFG-Hermes Buyout Deal
Egyptian billionaire Naguib Sawiris is still backing an attempted buy-out of investment bank EFG Hermes (HRHO.CA),…
Mona Zulficar: Planet Deal Is Not Serious … EFG-Hermes CEOs Are Innocent
Mona Zulficar, EFG-Hermes’ Board of Directors Chairperson, has asserted that Planet IB’s announcement of a buyout…
EGX Loses EGP 5.6 Bln, Orascom Telecom Shares 3.95% Down; Closing
The Egyptian Exchange (EGX) had on Tuesday’s closing posted losses of EGP 5.65 billion as the capital…