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Khaled Saba: VP For Economic Affairs Pivotal For Capital Market
Khaled Saba, the Head of Beltone Investment Banking, proposed having a vice president for economic affairs who…
NBK Capital Defines OCI Fair Value At EGP 292.5, Recommends ‘Accumulate’
NBK Capital issued a report on Orascom Construction Industries (OCI) (OCIC.CA), defining the stock’s 12-month fair…
EFG-Hermes: QInvest Deal By October, Reconvene Meeting Soon Upon EFSA’s Request
The Egyptian investment bank EFG-Hermes (HRHO.CA) expects a planned tie-up with Qatar's QInvest to go ahead before…
Delay In QInvest Deal To Create Overhand On EFG-Hermes Stock: Pharos
Pharos Research commented on the decision of the Egyptian Financial Supervisory Authority (EFSA), to suspend…
EFSA Did Not Reject Hermes-QInvest Deal, But Needs Further Clarification: Experts
The Egyptian Financial Supervisory Authority (EFSA)’s announcement regarding halting the joint venture deal between…
Euro Finds Its Niche As A Funding Currency
With the European Central Bank’s key lending rate at a record low, the euro has emerged as a funding currency in…
U.S. Dollar Gains On Euro, Slips Against Kiwi
The U.S. dollar rebounded against the euro and some other major currencies Thursday as investor focus returned to…
Oil Futures Slip In Electronic Trading
Oil futures edged lower Thursday, as the dollar strengthened and U.S. stock futures weakened. Crude for September…
Mobinil Unaudited Standalone Losses Hit EGP 15 Mln; H1/2012
The Egyptian Company for Mobile Services - Mobinil (EMOB.CA) Board of Directors endorsed unaudited…
EFSA Suspends QInvest-Hermes Deal
Egypt's financial regulator has suspended a joint venture deal between Egyptian investment bank EFG-Hermes…