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…
Author
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…
Sawiris To Drop Support For Planet Buyout: EFG-Hermes Source
Egyptian billionaire Naguib Sawiris will drop out of a buy-out consortium targeting investment bank EFG Hermes…
Al-Moasher Solely Up, Utopia Tops NILEX’s Downwards
On Monday, NILEX’s listed shares have witnessed unsteady performance amidst trading in 4 securities in which 2…
Europe Shares Higher On Hopes For G-7 Action
European shares edged mostly higher Tuesday, with oil majors and some banks driving gains, as investors got hopeful…
Asian Shares Rebound Ahead of G-7 Meeting
Asian shares mostly advanced Tuesday, snapping out of a series of recent declines and reversing some of Monday’s…