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Gold Gains Sharply As Dollar Drops On Summers News
Gold and silver futures rose sharply in electronic trade Monday as the U.S. dollar sank after former U.S. Treasury…
Citadel Capital Gets Regulatory Nod to Discuss Capital Top-up to EGP9 bln
Egypt’s financial regulator – the Egyptian Financial Supervisory Authority (EFSA) sent on Thursday a release to the…
Oil Holds Ground As Saudis Set To Support Output
Oil futures held steady in electronic trade Thursday, as Saudi Arabia said it would backstop any production losses…
Oil Sees Third Day Of Losses As Syria Risks Recede
Crude-oil futures fell Wednesday in electronic trade, stretching losses into a third straight day as U.S. President…
EFG-Hermes Maintains ElSwedy Electric FV at EGP29/Share, Reiterates Buy Rating
EFG-Hermes maintained, in a recent study, ELSWEDY ELECTRIC - (SWDY.CA) fair value (FV) at LE29/share (36% upside…
Yen Under Pressure As Syria Concerns Wane
The yen slid to a seven week low against the euro on Tuesday, reflecting an easing of concerns over Syria that drew…
Oil Falls As Syria Strike Concerns Wane
U.S. crude-oil futures fell Tuesday in electronic trade, extending losses as a non-military proposal to calm…
Yen Slips Broadly After Tokyo Olympics Win
The yen fell against the dollar and euro on Monday, staying on the defensive as Japanese equities rallied after…
EFG-Hermes Rebuts Plans to Sell Stake in Credit Libanais
Yasser El-Mallawany, Board Member of EFG-Hermes (HRHO.CA), stated that the company is not planning to sell its…
Orascom Hotels & Development Extends Losses to EGP164 mln – H1
Orascom Hotels & Development (ORHD.CA) reported its consolidated financial results on Sunday incurring a net…