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Egypt’s Maridive Says All Due Loans To CIB Paid Back
Egypt's Maridive and Oil Services (MOIL.CA), the biggest oil services company by fleet size in the Middle East,…
EFG-Hermes to Slash Jobs After QInvest Deal Collapses
EFG-Hermes Holding (HRHO.CA), the leading investment bank in the Arab world, is cutting jobs as part of a plan to…
Arab Moltaqa Investments Company Announces Q1 Consolidated Results
Arab Moltaqa Investments Company (AMIC) (Ticker: AMIA.CA) on Thursday announced its consolidated financial results…
Citadel’s ASEC Minya Launches Clinker Production At 2.0 MPTA In Upper Egypt
Citadel Capital (CCAP.CA), the leading investment company in Africa and the Middle East with US$ 9.5 billion in…
Orascom Development Incurs US$30 Mln Net Loss – Q1
Orascom Development Holding(AG) - (ODHN.CA) reported consolidated business results posting a net loss of CHF 29,409…
Egypt’s Maridive: Consolidated Net Profit Hits US$4.3 Bln In Q1
Egypt's Maridive and Oil Services (MOIL.CA), the biggest oil services company by fleet size in the Middle East,…
Egypt’s EFG-Hermes Picked by Abraaj for Possible Spinneys Sale
EFG-Hermes Holding SAE (HRHO.CA), Egypt’s largest investment bank, said it’s been hired by Dubai-based private…
Oil Futures Plow Lower, Falling Below $94
Benchmark U.S. crude-oil futures fell Tuesday, adding to their run of losses ahead of a key review of Organization…
Yen Back On Ropes After Wins Against Dollar
The U.S. dollar rose against the Japanese yen Tuesday, marking a break in the yen’s recent gains stemming from…
Sonatrach, Orascom Construction Reach Commercial Agreement On Sorfert Algérie
Sonatrach and OCI N.V. – the Dutch unit of Orascom Construction Industries S.A.E. (OCIC.CA) announced on Monday…