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Orascom Development Sees Q3/2012 Net Loss At CHF 30-35 Mln
First indications show that during the third quarter of 2012 Orascom Development Holding AG (Orascom Development)…
Heikal: Citadel, Qinvest JV To Supply 10 % Of Egypt’s Gas
Qatar is positioning itself to sell liquefied natural gas to Egypt as it uses its financial firepower to cement its…
OCI Reports 31% Decline In Q3 Earnings
Orascom Construction Industries (OCIC.CA) announced its Q3 2012 results today with consolidated revenues of $…
Dollar Drifts Higher Amid Fiscal-Cliff Concerns
The dollar edged higher in Asian trading hours on Wednesday, with the prospect of large-scale U.S. tax hikes and…
EGYTRANS’s ETAL Agrees With First On NILEX Listing
Egyptian Transport – EGYTRANS (ETRS.CA) announced on Tuesday that its affiliate Egyptian Transport & Logistics…
Oil Futures Edge Up As Greece Deal Lifts Mooda
Crude-oil futures rose in Asian trading Tuesday as an agreement in Europe to release the next bailout-fund payment…
Gold Futures Edge Higher After Greek Deal
Gold futures edged higher Tuesday after Greece’s institutional lenders reached a deal expected to trigger another…
Euro Touches Seven-Month Peak Vs Yen, Supported On Greek Hopes
The euro hit a seven-month high against the yen and held near a one-month peak versus the dollar on Monday,…
Dollar Edges Higher Against Rivals
The dollar moved higher against rivals Monday as Europe’s debt problems garnered renewed attention, with euro-zone…
Gold Meanders Around $1,750, With Eyes On Europe
Gold prices struggled to hold their ground above the $1,750-an-ounce level Monday as the U.S. dollar strengthened…