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The Watch
Oil Recovers From Inventory-Report Weakness
Benchmark U.S. crude-oil futures recovered from early Wednesday losses to sit flat in electronic trade, despite…
Dollar Continues To Play Cat & Mouse Game With Egypt’s C. Bank
Playing a game of ‘cat and mouse’ is what exactly the Egyptian Central Bank and the U.S. dollar are doing nowadays.…
Egypt’s AMOC Says H1 Net Profit 39% Down
Alexandria Mineral Oils Company – AMOC (AMOC.CA)’s financial statements for H1/12-13 revealed a net profit of EGP…
North Cairo Flour Mills’ Surplus Hits EGP 23.354 Mln In 6 Months
North Cairo Flour Mills and Bakeries (MILS.CA)’s board has approved the company’s FY/2012 financial results which…
National Cement Says FY/12 Profits Fall 20.1%
The National Cement Company - NCC (NCEM.CA)’s unaudited financial results estimates revealed a net profit of EGP…
OCI Says To Restart Talks Over Unpaid Taxes
Egypt's Orascom Construction Industries (OCI) (OCIC.CA) has said it is set to restart talks with the Egyptian Tax…
OCI Shareholders To Discuss Dutch Unit’s Offer Feb 13th
Orascom Construction Industries – OCI (OCIC.CA) said it will be holding its annual general meeting on Wednesday…
Dollar Edges Higher, As Yen Dives Deeper
The U.S. dollar regained some lost ground Monday ahead of a week of key events for the currency, while the Japanese…
U.S. Dollar Hits EGP 6.75 On Central Bank’s 14th FX Auction
The U.S. dollar’s exchange rate against the Egyptian pound has hit on Sunday EGP 6.65 (buy price) and EGP 6.75…
OCI: NYSE Euronext Lists Dutch Unit With $8 Bln Cap
OCI N.V. announced on Friday January 25th, 2013 its first of trading on NYSE Euronext in Amsterdam under the ticker…