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Indices news
Oil Futures Drop From Four-Month High
Crude-oil futures retreated from a four-month high as euro-zone finance ministers readied to meet in Brussels…
U.S. Dollar Firm As Yen Bounces Back
The U.S. dollar held steady Monday against most major currencies and the yen rebounded from a two-year low as the…
Citadel’ TAQA Begins Electrical Substation Opts To Serve Tourist Demand In Sinai
TAQA Power, a leading private-sector power developer, has begun operations at its 120 MVA substation in Nabq. The…
Nassif Sawiris: Domestic Disputes Not Behind OCI’s Share Exchange Offer
Nassef Sawiris, Chairman of Orascom Construction Industries (OCIC.CA), stated that the offer submitted by his…
Orascom Telecom’s Expansions Likely To Boost EGX; Says Expert
Orascom Telecom Holding (ORTE.CA)’s expansion in Canada through a deal with Wind Mobile Canada will likely boost…
Dollar Slips Ahead Of BOJ Meeting Outcome
The U.S. dollar weakened against most major currencies Monday, with the yen rebounding as investors turned cautious…
Egypt’s Tax Authority: Either OCI Pays Tax Dues Or Considered Evasive
Egypt’s Tax Authority will be holding a meeting Sunday with Orascom Construction Industries – OCI (OCIC.CA) so as…
Orascom Construction Sees Gates-Backed Deal Completed In 4 Weeks
Orascom Construction Industries (OCIC.CA) expects a transaction backed by Bill Gates for transferring the…
OCI’s Deal Does Not Represent Egyptian Market Exit; Says EFG-Hermes Official
Mona Zulficar, EFG Hermes’ Board of Directors Chairperson, has negated that Orascom Construction Industries…
OCI’s Stocks Surge 2.19% Backed By OCI NV’s Exchange Offer
Orascom Construction Industries – OCI (OCIC.CA)’s stock has climbed by 2.19% during Egyptian Exchange’s opening…
