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Dollar On Firm Footing; Euro Hits 2-Month Low
he dollar continued to steam ahead Thursday, buoyed by jitters over the so-called U.S. fiscal cliff and Europe’s…
OCI: EFC, EBIC Production Rate 60% Up Amid Gas Pressure Increase
Orascom Construction Industries - OCI - (OCIC.CA) announced on Wednesday that the natural gas pressure increased in…
Prime Holdings 9-Month Consolidated Net Profit Hit EGP 2.8 Mln
Prime Holdings and Investments (PRMH.CA) reported on Wednesday a net profit of EGP 2.844 million during the first…
Dollar Up After Early U.S. Election Results
The U.S. dollar rose in Asian trading hours on Wednesday, as early U.S. election results started to trickle in…
Citadel Capital’s TAQA Announces First Private Sector Power Plant
TAQA Power, a branch of Citadel Capital’s (CCAP.CA) full service energy distribution platform, TAQA Arabia, has…
OCI Says Fertilizer Plants To Restore Gas Supply In 7 Days
Egyptian group Orascom Construction Industries – OCI (OCIC.CA) has stopped two fertilizer production lines at its…
OCI Says 2 Production Lines Shut Down In EFC On Gas Disruption
Orascom Construction Industries – OCI – (OCIC.CA) said two production lines were shut down on Monday in Egyptian…
MERIS Downgrades Mobinil’s Bond Rating To ‘A-‘
Middle East Rating & Investors service (MERIS) said on Monday it revised in July, 2012 the national scale…
Citadel Capital’s ANCC Hosts New Minya Governor
The new Governor of Minya, Dr. Moustafa Kamel Eissa visited ASEC Cement’s US$ 360 million, 2.0 MPTA greenfield…
Tax Authority In Talks With OCI To Repay EGP 2 Bln
The Egyptian Tax Authority (TA) and Orascom Construction Industries – OCI (OCIC.CA) have agreed in principle during…