Asia Shares Dive As Greek Political Concerns Deepen
Asian shares tumbled in a broad-based sell-off Wednesday as investors reacted to news that Greece’s political…
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Dubai’s Ridge Capital Buys Egypt’s Asset Firm El Rashad
Dubai-based regional investment bank Ridge Capital has bought 100 percent of Egyptian asset management firm El…
Raya Holding Q1 Profits Record EGP 2.4 Mln
Raya Holding Co. (RAYA.CA) has posted net profits of EGP 2.4 million during the first quarter of 2012, higher with…
VimpelCom Q1 Net Profits Up With 4.5%
Russian telecommunications company VimpelCom Ltd.VIP +2.75% on Tuesday posted a net profit of $318 million in…
Music Lessons Boost Kids’ Brain Development
Early musical training can help the brain development of children even before they become able to walk or talk,…
Offering Sukuk Is Just An Idea, No Serious Steps Taken: Amer Group
Amer Group Holding (AMER.CA) denied in a statement made Tuesday studying offering sukuk valued at EGP 2.7 ($447…
EGX Main Index Below 5015 Pts, EFG-Hermes 3.85% Down
On Tuesday’s closing session, the EGX lost EGP 3.2 billion as the capital market has amounted to EGP 354.724…
SODIC’s Allegria Sales Hit EGP 3.5 Billion
Six of October Development & Investment Company - SODIC - (OCDI.CA) posted total sales of its flagship Allegria…
EGX Early Losses Doubled, EFG-Hermes 4.17% Down
On Tuesday’s midday session, the EGX doubled its early losses to reach EGP 2.3 billion as the capital market has…
Utopia Leads NILEX’s Downwards, PSAD 4.67% Up
During Tuesday’s trading, NILEX’s listed shares have witnessed unsteady performance amidst trading in 6 securities…