Bank Audi Egypt Doubles Profits to EGP212 mln by June-End
Bank Audi Egypt has doubled its net profit to EGP 212.3 million at the end of last June, compared to EGP…
Blom Bank Egypt Reports EGP 81 Mln Profit in H1/2013
Blom Bank Egypt achieved profit of EGP 81.3 million by the first half of 2013, compared to EGP 30.7…
Egypt Central Bank Raises $40 mln at FX Auction
The Central Bank of Egypt (CBE) has offered today its last foreign exchange auction for this week totaled US$ 40…
Orascom Construction Group Awarded Oil & Gas Contract in Algeria
OCI N.V. announced today that the OCI Construction Group (OCIC) has been awarded a contract by Technip France…
Egypt Names Ismail El-Nagdy New Chairman of Tunnels Authority
Senior sources in the Egyptian Ministry of Transportation informed Amwal Al Ghad that Dr. the Minister Ibrahim El…
OCI N.V. Plans To Extend Share Swap Bid for OCI S.A.E.’s GDRs, ADRs
Dutch OCI N.V. announced that it intends to re-open the share swap offer to holders of GDRs and American Depository…
OCI N.V. H1/2013 Net Income Dips to $56.0 mln
OCI N.V. reported financial results for the first half of 2013 which reflected 75.7% ownership in Orascom…
Egypt Shares Open Higher, Benchmark Hits 5240 pts
Egypt’s stocks opened higher on Thursday posting gains of EGP 715 million backed by local and non-Arab foreign…
Vodafone In Talks With Verizon Over U.S. Wireless Stake Sale
Vodafone Group Plc (VOD) is in talks to sell its 45 percent stake in Verizon Wireless to U.S. partner Verizon…
Foreign Currencies Vs Egypt Pound – Early Thursday
The table below shows the exchange rates of the Arab and foreign currencies against the Egyptian pound on early…