EFG-Hermes Rejects Planet Buyout Offer Amid Shareholders Meeting
EFG-Hermes Holding’ Annual General Meeting (AGM) has ratified the BOD as well as the auditor’s business report…
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Egypt Gets First Win; African World Cup Qualifiers
Egypt recorded the first win of the group phase of Africa's qualifiers for the 2014 World Cup by beating Mozambique…
Fraudsters Fleece Egypt Using Foreign Wheat
Top wheat importer Egypt's decision to increase the price premium paid to its own farmers has given fraudsters a…
Iron & Steel Co. Sales Hit EPG 123.4 Mln In April
Egyptian Iron & Steel Co. (IRON.CA)’s total sales during last April hit EGP 123.431 million, including EGP…
EGX30 Falls 5.7% In week Amid Controversial Election Results
Egyptian Exchange benchmark EGX 30 index dipped by 5.73 % this week, representing a retreat of 285.3 points, ending…
EGX Pares Its Midday Losses, EFG-Hermes Shares 3.49% Up: Thursday Closing
Whilst Thursday’s closing trading, the EGX pared its midday losses to eventually reach EGP 1.41 billion as the…
EFG-Hermes Defends Chief Executives Against Graft Charges
Egyptian investment bank EFG-Hermes Holding (HRHO.CA) on Thursday said it would defend its two chief executives…
EGX Losses EGP 2.36 Mln, EFG-Hermes Jumps 10.00% On Buyout Talks
Whilst Thursday’s midday trading, the EGX posted losses of EGP 2.36 billion as the capital market has reached EGP…
Utopia Solely Up Amid Weak Performance; NILEX Thursday
On Thursday, NILEX’s listed shares have witnessed a weak performance amidst trading in 4 securities in which 2…
EFG-Hermes Receives Buyout Offer From Planet Consortium Group
A group of investors is considering a bid to acquire EFG-Hermes Holding (HRHO.CA) in a deal worth $1.2 billion,…