Telecom Egypt’s Liquidity Reaches EGP6.5bln
The size of Telecom Egypt's (TE)(ETAL-CA) liquidity reached EGP6.5billion, Mohamed Al Nawawi, the CEO revealed. On…
Drake & Scull inks EGP4.2 bln Pact for Tahrir Petrochemical Project
Drake & Scull International has recently signed an agreement with Egypt-based company Carbon Holdings as part…
Arab Insurance GIG Attains EGP278mln Underwriten Premiums in FY13/14
Arab Misr Insurance Group (GIG) succeeded in attaining EGP278million as a total value of underwritten premiums…
Citadel Capital Receives $112mn Offer to Buy Stake in Sphinx Glass
Citadel Capital (CCAP.CA) announced on Tuesday it has received a US$112 million offer to acquire all Sphinx Glass…
EGX30 Crosses 8270 at Open, Shares Gain EGP853 mln
Egypt’s stocks rose at early trade on Tuesday with gains worth 853 million amid local and Arab investors' buying…
Europe Stocks Extend Push into Six-Year High
Stocks in Europe moved higher Tuesday, with the pan-European benchmark hanging at a six-year high in part as…
Asia Stocks Mostly Higher After China Data
Asia stocks were mostly higher on Tuesday, tracking overnight gains in the U.S., while Shanghai markets slipped as…
U.S. Stocks Rally; S&P 500, Dow Hit Record
The U.S. stock market ended Monday with best gains in nearly a month that sent both the S&P 500 and the Dow…
Dollar Falls against Pound; ECB Comments in Focus
The dollar fell against the British pound Monday as investors looked ahead to two key U.K. data reports due…
Egypt’s Economic Investments May Up EGP340bln by 2015:Minister
Its expected that the growth rate of the Egyptian economy will inch from 3 to 5.3% , noting that the expected…