Citadel’s ASEC Cement in Talks to Divest Stake in Algeria’s Zahana
Leading regional investment company Citadel Capital looks to divest its minority stake in Zahana Cement Co. as…
Arab Investment Bank Eyes Capital Hike, 20% Growth by 2014-end
Arab Investment Bank of Egypt (AIB) is targeting a capital increase to EGP 1 billion besides a 20% growth in…
CIB Says Paying EGP1/share dividend Today
Commercial International Bank (CIB) – Egypt announced that coupon No. 38 will be paid at EGP 1 per share today,…
Petrojet-Egypt Attains EGP4.6 bln Revenues in 2013, Inching by 14%
Petrojet Egypt company succeeded in achieving EGP4.6 billion total revenues in 2013 , move up by 14% net profit!-->>…
Egypt: Shares Gain EGP2.4 billion, EGX30 Crosses 8375 at Early Trade
Egypt stocks opened higher on Thursday with gains worth 2.4 billion pounds backed by local and non-Arab foreign…
Fawry-Egypt Provides E-Bill Services for UAE Market within 4thQ of 2014
Fawry Electronic Bill Services is aiming to enter UAE market within the last quarter of the ongoing year. Eng.…
Dollar, Bond Yields Jolted Higher By Fed Rate Risk
The U.S. dollar was hanging onto hefty gains in Asia on Thursday as investors wrestled with the risk that U.S.…
Candy Crush To Go Public: King Digital Entertainment
Candy Crush Saga is popular throughout the world and King Digital Entertainment, the firm which made the game, is…
Egypt’s ‘Military Inc’ Expands Its Control Of The Economy
In the shadows of a harsh political crackdown, the military that overthrew Egypt's first democratically elected…
Iran’s Zarif ‘Sees Signs Of Comprehensive Nuclear Deal’
Iran's foreign minister has said he sees "signs" of a comprehensive deal on its nuclear programme, after talks with…