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Suez Cement To Move Helwan, Torah Production Lines To Headquarters
Suez Cement (SUCE.CA) is planning to move its Helwan and Torah production lines of wet cement to the company’s…
Mobinil: No Term Sheet Signed With Arrangers of EGP 2.6 Bln Loan
Egyptian Company for Mobile Services Mobinil - (EMOB.CA) denied signing the finance term sheet regarding a loan…
Citadel Capital’s Wafra Operation Loss Hits EGP 3.6 Mln; Q1/2012
Ahmed Heikal, Citadel Capital Chairman and Founder, said the company has increased its stakes in Wafra, the firm’s…
Citadel Capital Investments Under Control 8% Up in Q1/2012
Citadel Capital (CCAP.CA), the leading private equity firm in the Middle East and Africa, announced Sunday its…
Warning Over Oil Production Drop
An expert in the economics of Britain's oil and gas industry has warned of sharp falls in production over the next…
Private Firms Tout Iran Oil Cheap To Beat Sanctions
Obscure private firms are offering Iranian crude oil at steep discounts to European oil traders as Tehran seeks…
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…