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Oil Futures Tighten Grip On $90-A-Barrel Level
Oil futures climbed further above the $90-a-barrel mark in Asia on Monday amid growing optimism for stronger action…
Spanish Growth Contracts 0.4% In Second Quarter
Spanish gross domestic product contracted 0.4% in the second quarter, versus the prior quarter, according to…
OW Joins Top 20 Stocks List In MENA, Pharos Says
Pharos Holding has added Oriental Weavers (OW) as a deep value play on a US recovery and as a beneficiary of a…
Sawiris’ Weather Acquires Cloud Aggregator intY
Weather Investments II S.a.r.l ("Weather") and intY Ltd ("intY") announced today that Weather has acquired intY,…
Mona Zulficar: Hermes-QInvest Deal Not Suspended, But Additional Disclosures Are Required
Following the Egyptian financial regulator’s call for additional disclosures related to minority shareholders,…
Petrobras Tops Oil Stock Gains, Arch Coal Soars
A 188-point spike by the Dow, a string of pleasant earnings surprises, firmer oil prices and a vow by Germany and…
Gold Settles Higher On Euro Optimism
Gold futures on Friday extended gains to a third session after France and Germany pledged to support for the euro,…
Khaled Saba: VP For Economic Affairs Pivotal For Capital Market
Khaled Saba, the Head of Beltone Investment Banking, proposed having a vice president for economic affairs who…
NBK Capital Defines OCI Fair Value At EGP 292.5, Recommends ‘Accumulate’
NBK Capital issued a report on Orascom Construction Industries (OCI) (OCIC.CA), defining the stock’s 12-month fair…
EFG-Hermes: QInvest Deal By October, Reconvene Meeting Soon Upon EFSA’s Request
The Egyptian investment bank EFG-Hermes (HRHO.CA) expects a planned tie-up with Qatar's QInvest to go ahead before…