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The Watch
Bitumode Says Net Profit 70.1% Down, H1/2012
Modern Company For Water Proofing – Bitumode (WATP.CA) reported a net profit of EGP 1.914 million during the first…
Building Materials Prices Still Stable Over Diesel Crisis
Building Materials Sector witnesses relative stability of prices, although the diesel crisis that the market is…
Alexandria Pharmaceuticals General Assembly Approves EGP 4.5 Dividend/share
The General Assembly of Alexandria Pharmaceutical and Chemical Industries (AXPH.CA) has approved dividend…
Orascom Development Shareholders To Meet On Stock Trading Resumption Oct. 8th
Orascom Hotels & Development - OHD- (ODHN.CA) will be reconvening the Group’s shareholders extraordinary…
Citadel Capital In Talks To Sell Elmisrieen
In a release to the Egyptian Exchange (EGX), Citadel Capital (CCAP.CA) said the Group is holding negotiations with…
Sawiris Acquires 40% of Sudanese Ariab Mining
The Sudanese Mining Ministry announced on Thursday that the Egyptian tycoon Naguib Sawiris has seized the French…
Dollar Edges Higher After China Data
The dollar edged mostly higher on Thursday, after weakness in a key early gauge of Chinese manufacturing, though it…
Oil Prices Straddle $91 After China Data
Crude-oil futures were straddling the $91-a-barrel mark in European trading on Thursday, expanding on a prior…
Gold And Silver Drop As Dollar Gains
Gold futures retreated in electronic trading Thursday, matching falls across commodity markets, as the U.S. dollar…
Orascom Contruction Wins $400 Mln Mall of Egypt Contract
Orascom Construction Industries - OCI - (OCIC.CA) announced today that a 50/50 joint venture between BESIX and…