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EFG-Hermes Approves $144 mln Share Buyback Plan
The Board of Directors of EFG Hermes Holding S.A.E. (HRHO.CA) has approved a plan that was put forth by the…
Egypt’s Naeem to Cross-list Shares on Abu Dhabi Bourse
Cairo-based financial group Naeem Holding (NAHO.CA on the Egyptian Exchange) is set to list its shares on Abu Dhabi…
Yen Firmer As Disappointing U.S. Data Trips Dollar
The yen firmed across the board early in Asia on Tuesday as investors took aim at the greenback in the wake of…
Dollar Rises In Subdued Trade As Investors Shun Risk
The dollar rose broadly on Friday, buoyed by comments made by outgoing Federal Reserve Chairman Ben Bernanke and by…
Copper And Oil Slide, World Equities Dip
Copper futures dropped on Friday on concerns over Chinese growth and as the U.S. dollar strengthened, while crude…
EFG-Hermes Appoints Finance Industry Veteran as New CFO
Khalid Ellaicy brings more than 27 years of regional industry experience to his new post as Chief Financial Officer…
Euro Rises To More Than 2-Year High Vs. Dollar; Yen Falls
The euro jumped to its strongest level against the dollar in more than two years on Friday as banks adjusted…
Citadel Capital Due to Open Subscription to Secondary Shares December 24
Citadel Capital announced it obtained the approval of the Egyptian Financial Supervisory Authority (EFSA) on…
Dollar Falls From 5-Year High Vs. Yen But Firm Trend Seen Intact
The dollar fell from five-year highs against the yen on Friday as investors consolidated gains this week and pared…
Yen Claws Back From Five-Year Trough In Wake Of Fed Taper
The dollar gave back some of its gains after cresting at its highest against the yen in more than five years on…