EGX Loses EGP 1.75 On Foreign Selling Pressures; Midday
On Monday’s midday session, the EGX extended its early losses to reach EGP 1.75 billion as the capital market has…
Sony Set To Roll Out VAIO E14 Series Across Region
Sony the leading consumer electronics brand, today announced the new VAIO E14 Series, a 14-inch notebook with…
Utopia Hits Two-Day Low, AMICO Solely Rises
During Monday’s trading, NILEX’s listed shares have witnessed unsteady performance amidst trading in 8 securities…
Iran files Indictment against Reuters
An indictment has been issued in Iran against Reuters for a February report by the London-based news agency that…
Clashes in Syrian City of Rastan left 23 Soldiers Dead
At least 23 soldiers have died in clashes in the central Syrian city of Rastan, according to activists. The…
Moody’s Warns Spanish Banks Are Vulnerable
An effort by Spain to restore confidence in its financial system with measures including additional loss…
Saudia Airlines denies Reducing Egypt Operations
Saudi Arabian Airlines (Saudia) has denied rumors of reductions in the scheduled and Umrah flights to Cairo and…
Oil Inches Lower Amid Saudi Minister Comments
Crude-oil futures moved lower during Asian trading hours Monday, with comments from Saudi Arabia’s oil minister and…
Egypt’s MB expects Years of Friction Ahead
Egypt is destined for up to eight years of friction between reformists and the powerful military seeking to…
JPMorgan Executives Expected to Quit
Three top executives involved with a failed hedging strategy that cost JPMorgan Chase & Co at least $2 billion…