Trade Minister: International Trade Point To Be Set Up In Sinai
Minister of Trade and Industry Mounir Fakhry Abdel-Nour and North Sinai Governor Abdel-Fattah Harhour co-signed on…
Fitch Assigns Al Hilal Bank ‘A+’ IDR; Stable Outlook
Fitch Ratings has assigned Abu Dhabi-based Al Hilal Bank a Long-term foreign currency Issuer Default Rating (IDR)…
Petroceltic Cuts Production Forecast Amid Egyptian Unrest
Petroceltic, the oil and gas explorer, cut its production forecast for the full year due to lower than expected…
Dubai Developer DAMAC Awards $272 M Hotel Contract To Turkey’s TAV
Private UAE developer DAMAC Properties has awarded the Dubai branch of Turkey's TAV Construction a…
EFG-Hermes Maintains ElSwedy Electric FV at EGP29/Share, Reiterates Buy Rating
EFG-Hermes maintained, in a recent study, ELSWEDY ELECTRIC - (SWDY.CA) fair value (FV) at LE29/share (36% upside…
Yen Under Pressure As Syria Concerns Wane
The yen slid to a seven week low against the euro on Tuesday, reflecting an easing of concerns over Syria that drew…
China Data Boosts Stocks As Syria Diplomacy Cools Oil
World shares climbed to a near one-month high and oil and government bonds slipped on Tuesday, helped by receding…
OCI N.V. Extends Tender Offer Period for Local Shares in OCI
OCI N.V. will extend to all eligible shareholders of Orascom Construction Industries (OCI S.A.E.) two periods…
EGX 30 Crosses 5360 at Open Bolstered by OCI NV Deal
Egypt's stocks bloomed during the opening session of Tuesday posting gains of EGP 4.4 billion bolstered by the…
Oil Falls As Syria Strike Concerns Wane
U.S. crude-oil futures fell Tuesday in electronic trade, extending losses as a non-military proposal to calm…