Telefonica Faces Opposition to Telecom Italia Plans
Telecom Italia's chairman, its independent directors and Italian politicians spoke out on Wednesday against…
Egypt’s Bourse Index Crosses 5700 on Thursday Closing
Egypt's shares ended this week higher attaining gains totaled EGP 2.36 billion backed by local and Arab net buyers.…
Africa Re Plans to Open 2 New Regional Offices in Ghana, Sudan
The African Reinsurance Corporation (Africa Re) plans to inaugurate two new regional offices in Africa within the…
Egypt to Launch ETFs Next Month As Trial Sessions Near Completion
Egypt’s Central Clearing, Depository and Registry house (MCDR) announced on Thursday that almost all the trial…
Dana Gas Waits on $600 mln in Payments from Egypt, Kurdistan
Dana Gas PJSC (DANA.AD) is willing to increase output capacity in Egypt if the government there pays "sufficient"…
Egypt Central Bank Raises $40 mln at FX Auction Today
The Central Bank of Egypt (CBE) has offered today its last foreign exchange auction for this week totaled US$ 40…
Gold Prices in Egypt End Week Higher
Gold prices in Egypt have risen for the second session by one Egyptian pound per gram on Thursday. The Twenty-four…
KIMA Egypt Says Net Profit 21.6% up in FY12/13
The Egyptian Chemical Industries (Kima) (EGCH.CA) announced a 21.6 percent increase in its net profit for the…
Egyptian Iron & Steel, Tata Ink Pact to Develop Production Capacity
Egyptian Iron and Steel (HADISOLB) (IRON.CA) - Major Steel Producing Company in Egypt – announced that it has…
Dubai Builder Arabtec Launches Venture With Samsung Engineering
Arabtec, the construction firm part-owned by Abu Dhabi state fund Aabar, said it launched a joint venture with…