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Indices news
MSCI, FTSE Announce Index Changes for OCI N.V. to Reflect Tender Offer Results
OCI N.V. announced today that it has been classified in MSCI and FTSE indices to reflect the buyout of Orascom…
OCI NV Buys 31.31% Of Orascom Construction For EGP 4 Bln
OCI NV, the Dutch-listed parent of Egypt’s Orascom Construction Industries (OCIC.CA), has bought 31.31%, or…
EFG-Hermes Sells Property in Giza At EGP 38 mln
EFG-Hermes (HRHO.CA) announced on Tuesday that it sold on of its properties in Giza area at EGP 38 million. The…
Egypt Bourse Chief Confirms Orascom Construction’s EGX30 Exit
Egyptian bourse head Atef Yassin has confirmed the anticipated exit of Egypt's largest-listed company, Orascom…
Dollar Rises Ahead Of Fed Meet; Yen, Aussie Fall
The U.S. dollar edged higher against major rivals, including moving off its one-month low against the Japanese yen,…
OCI N.V. Successfully Acquires 97.44% of Egypt’s Orascom Construction
OCI N.V. announced on Sunday that as of the closing filings on 28 July 2013, OCI N.V. expects to own 97.44% of…
Dollar Falls With Data Deluge, Fed Meeting On Tap
The U.S. dollar fell Monday, extending last week’s losses ahead of a monetary-policy decision from the Federal…
Gold Futures Advance After Third Weekly Win
Gold futures rose Monday, building on a third straight week of gains ahead of a heavy schedule of central-bank…
Oil Sags As Market Faces Busy Fed, Data Week
Oil prices declined Monday in electronic trade, a lower start for a week packed with closely watched economic data…
Oil Falls As China Data Disappoint
Prices for benchmark U.S. crude-oil futures fell Wednesday, with energy-demand prospects in focus following a weak…