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Ascom Denies Tie-Up With Saudi’s Al-Fozan
ASEC Company for Mining - Ascom - (ASCM.CA) has denied on Thursday that the firm is entering a…
ODH Approves Orascom Hotels EGX Listing Reactivation, Public Offering Of Up To 10%
The Board of Directors of Orascom Development Holding AG (Orascom Development) (ODHN.CA) yesterday approved the…
Ezz Dekheila Steel Says Net Profit 13% Down; H1/12
Al Ezz Dekheila Steel Co. – Alexandria (IRAX.CA) reported a net profit of EGP 232.537 million during the first half…
Citadel Capital Narrows Consolidated Losses 3% H1, Reports Healthy Progress In Q2
Citadel Capital (CCAP.CA), the leading private equity firm in the Middle East and Africa, has managed to narrow its…
Golden Sachs Downgrades Citadel Capital’s Stock To ‘Sell’
Golden Sachs downgraded, in a recent study, Citadel Capital’s stock (CCAP.CA) from ‘Neutral’ to ‘Sell’. Golden…
Juhayna: Safwan Thabet Increases Stakes To 9.03%
Juhayna Food Industries - (JUFO.CA) announced that the CEO Safwan Thabet has increased his stakes in the company to…
Egypt’s Citadel Capital Eyes Uganda’s Oil Refinery Project
Egypt’s investment bank Citadel Capital (CCAP.CA) intends to inject $2.5 billion in a projected oil refinery in…
Suez Cement Announces EGP 1/Share Cash Dividend
Suez Cement Co. (SUCE.CA) said it will distribute Coupon No. (27) of EGP 1 per share payable on…
Iran Rial Plunges 7% To New Record Low
The Iranian rial plunged more than 7% in open-market trade on Monday to a new all-time low of about 32,000 per US…
Beltone Reshuffles Board Amid El Helw’s Resignation
Beltone Financial (BTFH.CA) has approved Mahmoud El Helw’s resignation from its board of directors membership.…
