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Gold Stays Above $1,600, Stimulus Hopes Persist
Gold hovered above US$1,600 an ounce on Thursday as investors continued to hope central banks would take further…
Oil Rises Above $114 On Tight North Sea Supply
Brent crude oil rose to around $114 per barrel on Monday, supported by tight North Sea supplies ahead of the…
NBK Capital Defines OW Fair Value at EGP 30.2, Recommends ‘Buy’
NBK Capital issued a report on Oriental Weavers (OW) (ORWE.CA), defining the stock’s fair value at EGP 30.20, 50%…
Golden Pyramids Plaza H1 Net Profit 105% Up
Golden Pyramids Plaza (GPPL.CA) announced its consolidated financial results for the first half of 2012 posting a…
Weather Investments II Exits VimpelCom, Settles Its Debt
Weather Investments II (“Weather”), an investment firm led by entrepreneur Naguib Sawiris, announced Thursday that…
OTMT Reports Net Profits Hit EGP 4.6 Bln Since Inception
Orascom Telecom Media & Technology Holding (OTMT.CA) announced net profits of EGP 4.571 billion since OTMT’s…
Egypt’s SODIC Reports 85.1 Mln H1 Net Profit
Egypt's Six of October Development & Investment (SODIC) - (OCDI.CA), the country's third-biggest listed…
EFG-Hermes Says Q2 Net Profits 23% Down, Brokerage Revenues Dip 20%
Egyptian investment bank EFG-Hermes Holding (HRHO.CA) has announced its net profits for the second quarter of 2012…
Hermes Recommends “Buy” On Orascom Telecom
EFG-Hermes Orascom issued a report on Telecom Holding (OTH), recommending a buy on the stock, and defining the…
Vimpelcom Q2 Net Profit Beats Forecasts
Emerging markets telecoms operator Vimpelcom posted a 83 percent increase in second-quarter net profit on…
