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Pachin Says Consolidated Net Profit 25% Down; H1
Paints & Chemical Industries – Pachin (PACH.CA) reported Monday a consolidated net profit of EGP 96.797 million…
Gold Adds To Gains As Fed Easing Hope Lingers
Gold futures ticked higher in electronic trading during Asian hours Monday, as optimism for more U.S. bond buying…
Oil Futures Edge Lower As Dollar Inches Up
Benchmark U.S. oil futures edged lower in Asian trading hours on Monday, pressured by a mild recovery for the U.S.…
OCI Demerger Plan Approved
Egyptian investment authority GAFI has approved the method Orascom Construction plans to use to value its business…
Eastern Tobacco Injected Investments Worth EGP 610 Mln, H1
Eastern Tobacco (EAST.CA) reported Sunday a growth of 7% in its net profit which has reached EGP…
South Valley Cement Says Net Profit Hit EGP 100.5 Mln; H1
South Valley Cement (SVCE.CA) reported Sunday a net profit of EGP 100.497 million during the first half of 2012,…
Egytrans Board Approves Subsidiary Listing On NILEX
The board of Egyptian Transport – Egytrans (ETRS.CA) has approved to listing Egyptian Transport & Logistics…
Memphis Co. for Pharmaceutical Net Profit 81% Down; H1
Memphis Co. for Pharmaceutical and Chemical Industries (MPCI.CA) reported a net profit of EGP 1.044 million during…
Abraaj Sees IPO Tripling Egypt Profit
Abraaj Capital Limited, the Middle East’s biggest buyout company, expects to earn as much as three times its…
Egypt’s Pound At Fresh Lows: An Opportunity?
The Egyptian pound is trading at the lowest levels against the U.S. dollar in more than seven and a half years,…