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The Watch
U.S. Dollar Climbs Against Major Currencies
The U.S. dollar advanced against the euro and some other major currencies Friday, as appetite for risk assets…
Egypt’s EMethanex Exports Hit EGP 1.1 Bln By End of May 2012
Egypt’s organic chemical industries exports have hit EGP 1.14 billion by the end of May 2012, achieving a…
OTMT To Pay EGP 1.05/Share Dividend Thursday
Orascom Telecom Media and Technology Holding (OTMT.CA) will pay today, Thursday, July 19, 2012, dividend No. 1, at…
Mohamed Barakat: Banque Misr Chairman
Mohamed Kamal El-Din Barakat is a prominent leader of the banking industry in Egypt. Barakat has been the chairman…
AMOC FY/2011 Profits 34% Up
Alexandria Mineral Oils Company – AMOC (AMOC:CA) board of directors have approved the company’s financial…
Djezzy Case Likely To Take Several Years To Be Resolved: Govt Official
Michael Tayar, an official at the Algerian Ministry of Post and Information Technology and Communication, told…
EFG-Hermes Adjusts OTMT’s Fair Price To EGP 0.63, Recommends ‘Buy’
EFG-Hermes issued a new report on Orascom Telecom Media and Technology (OTMT.CA), lowering the stock's fair value…
Egypt’s Glass Exports 4% Up By End of May
Egypt’s glass products exports have reached EGP 720 million by the end of May 2012, 4% higher. Noting that the…
Meris Downgrades Mobinil Rating, Says Outlook Stable
Meris, Middle East Rating & Investors Service, has downgraded Egyptian Company for Mobile Services (Mobinil) -…
Orascom Development Losses Hit EGP 2.3 Mln; Q1/2012
Orascom Development Holding (ODH) (ODHN.CA) has posted net losses of EGP 2.334 million during the first…