EFG-Hermes Leads Egyptian GDRs’ Downwards; LSE
Egypt's Global Depositary Receipts (GDRs) listed in the EGX witnessed on Tuesday a collective downwards during…
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Orascom Telecom Standalone Profits Reach EGP 3.4 Bln
Orascom Telecom Holding (OTH) (ORTE.CA) reported standalone net profits of EGP 3.437 billion during the fiscal year…
U.S. Stock Futures Rise As EU Debt Concern Eases
U.S. stock futures advanced, following a two-day decline in the Standard & Poor’s 500 Index, as increased…
Gas Sector Tax Economically Unjustified: Putin
Gazprom’s shares shed 1.5% following the Russian Prime Minister’s statement that the tax burden on the gas sector…
Dubai Bourse Ends Flat; Tuesday
The Dubai Financial Market (DFM) General Index ended roller coaster Tuesday flat at 1,649.14 points. While market…
ADX Closed Higher 0.23% Backed By Etisalat Gains
The Abu Dhabi Securities Exchange (ADX) General Index closed 0.23% higher at 2,505.43 Tuesday. Market bellwether…
Saudi Market Violations Drop 16.7% in 2011: CMA
Saudi Arabia's Capital Markets Authority (CMA) has said the number of suspected violations of its rules in 2011…
EGX Indices Close In Dark Red on Foreign Selling Pressures
On Tuesday’s closing session, the EGX extended its losses to reach EGP 2.7 billion as the capital market amounted…
EGX Indices Remain in Red; Midday
After 2-day suspending over Easter holidays, EGX resumed trading witnessing losses of EGP 1.099 billion as the…
7-Magnitude Quake Hits Papua News Guinea
A 7.0 magnitude earthquake struck off the north coast of Papua New Guinea on Tuesday, the U.S. Geological…