Dubai Financial Market Gains Slightly
The Dubai Dubai Financial Market (DFM) General Index closed at 1,651.90 Thursday, down half a percentage point…
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Iraq Inks $363 Mln Power Deal With Orascom Construction
Iraq’s electricity ministry signed a $363 million power deal with Egypt’s Orascom Construction Industries (OCIC.CA)…
EGX Rebounds, Gains EGP 732 Mln
On Thursday’s closing session, the EGX rebounded by posting gains of EGP 732 million as the capital market amounted…
EFG-Hermes Jumpes To Month High On Qinvest Talks
EFG-Hermes Holding SAE (HRHO.CA) jumped to the highest in a month after it said QInvest LLC may hold a majority…
Qatar’s Qinvest May Acquire Majority of New Bank With EFG-Hermes
EFG-Hermes Holding SAE (HRHO.CA) said Qatar’s QInvest LLC may hold a majority stake in a planned investment…
EGX Main Index Below 4900 pts; Midday
On Thursday’s midday session, the EGX posted losses of EGP 1.1 billion as the capital market amounted to EGP…
PSAD Tops NILEX’s Upwards; Thursday
During Tuesday’s trading, NILEX’s listed shares have witnessed unsteady performance after trading in 7 securities…
AstraZeneca CEO To Quit On June 1
AstraZeneca Chief Executive David Brennan is to step down on June 1 in an abrupt exit after six years in the top…
Europe Shares Inch Higher
European shares markets moved mostly higher on Thursday, as well-received results from heavyweight companies…
Qatar to Provide $400 Million To Help Egyptian Mostorod Refinery
Qatar is providing $400 million to support Egypt’s Mostorod refinery project, which has been stalled since…