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Hermes Recommends ‘Neutral’ On Crédit Agricole Egypt Stock
EFG-Hermes issued a report on Crédit Agricole Egypt Bank (CIEB.CA), with a “Neutral” rating on the stock. Hermes…
Sawiris Denies Any Financial Dealings With Palestinian Officials
Egyptian Business tycoon Naguib Sawiris denied any financial dealing with Mohammed Rashid, the advisor of late…
Gold Ticks Higher Ahead Of Fed Decision
Benchmark gold futures edged higher during Asian trading hours Tuesday, with investors awaiting a policy decision…
Dollar Eases Back Ahead Of Fed
The dollar eased back against major rivals in Asian trading hours on Tuesday, with the American central bank set to…
Oil Futures Slip Ahead Of Fed Meeting
Crude oil futures slipped in electronic trading Tuesday, ahead of this week’s central bank meetings in the U.S. and…
Mona Zulficar: EFSA Disclosures Not To Affect QInvest Deal
Mona Zulficar, EFG-Hermes Board of Directors chairperson, said Hermes BOD has not discussed dividend distribution…
Mobinil: H1/2012 Net Losses 45.2% Down
The Egyptian Company for Mobile Services – Mobinil (EMOB.CA) has pared its net losses by 45.2% as they reached EGP…
Euro Sheds Gains As Some ECB Doubts Creep In
The euro dropped against the U.S. dollar in Asia on Monday as some skepticism about the European Central Bank’s…
Gold Futures Gain As Stimulus Hopes Stir
Gold futures rose in electronic trading Monday as European leaders signaled policy action to keep the currency bloc…
Telecom Egypt To Announce H1/2012 Business Results By Aug 8th
Telecom Egypt (TE) (ETEL.CA) has announced Monday that it will submit the company’s consolidated and unconsolidated…
