Egypt Premier Pledges Hermes-QInvest Deal Completion This Week – Sources
Egypt’s Prime Minister Hisham Kandil, vowed Hermes-QInvest takeover deal’s completion procedures before the…
Cooperative Insurance Society’s Direct Premiums Hit EGP 16.7 Mln At End-2012
The Cooperative Insurance Society Egypt achieved direct premiums of EGP 16.7 million in the first half of FY…
Russia’s Altimo Confirms Offer For Sawiris’ Orascom
Russian billionaire Mikhail Fridman's Altimo on Tuesday confirmed that a subsidiary has offered to buy 100 percent…
Samsung Introduces REX Series To Egyptian Market
The new series of full-touch feature phones that are set to transform the way users communicate Samsung Electronics…
Egypt’s FSA Approves Cypriot Tender Offer To Buy Orascom Telecom
On Tuesday, Egypt’s financial regulator has approved the Cypriot tender offer to buy up to 100% of Orascom Telecom…
Banque Misr Restructures Investments In Subsidiaries
Banque Misr has started to restructure its investments in stocks and subsidiary and sister companies which are…
Egypt Loan Talks End Without Deal But IMF Sees Progress
Egypt and the International Monetary Fund failed to agree on terms for a $4.8 billion (3.1 billion pounds) loan…
Asia Stocks Come Off Lows; Japan Ends Down
Japanese and Australian stocks fell Tuesday after worries over China and a slump in commodities prompted a sell-off…
Europe Stocks On Track For Third Day Of Losses
European stock markets were on track for a third straight day of losses on Tuesday, as concerns about global growth…
Al-Khosous Residents Call For Release Of Detainees
Muslims and Christians in Al-Khosous have signed a petition to press for the release of local residents arrested…