Egypt Mulls Stock Exchange privatization; MENA Reports
The Egyptian Exchange (EGX) may become a joint stock company instead of a completely state-run organization, news…
Standard Chartered Reaches $340 Million Settlement Over Iran
Standard Chartered Plc agreed to pay $340 million to New York's bank regulator over transactions linked to Iran, in…
Vimpelcom Q2 Net Profit Beats Forecasts
Emerging markets telecoms operator Vimpelcom posted a 83 percent increase in second-quarter net profit on…
Egypt’s CIB Says Q2 Net Income Grows 18 Pct
Egypt's Commercial International Bank (CIB) (COMI.CA) reported an 18 percent increase in second-quarter net income…
Egypt Condemns 14 To Death For 2011 Sinai Attack
An Egyptian court sentenced to death on Tuesday 14 people it said were Islamist militants for a deadly attack on a…
Orascom Telecom Swings To Quarterly Profit
Egypt-based Orascom Telecom Holding (OTH) (ORTE) reported second-quarter net profit of $27 million on Tuesday,…
Egypt’s New President Moves To Sideline Military
Here is a look at events as Egyptian President Mohamed Morsi's move to curb the influence of the military is…
Hassan Heikal – EFG Hermes CEO
Hassan Heikal holds a Bachelor of Science degree from the Faculty of Economics and Political Science at Cairo…
Arab Investment Urbanization Net Profits Hit EGP 9.941 Mln
Arab Investment Urbanization (AIUR.CA) financial results for the first half of 2012 reported net profits of EGP…
Ministry of Housing Considers Transferring Industrial Lands to the Ministry of Industry
Dr. Tarek Wafiq, Minister of Housing and New Urban Communities has met Eng. Hatem Saleh, the Minister of Industry…