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The Watch
Orascom Telecom Media Approves Khaled Bichara’s Resignation
During its BOD meeting, Orascom Telecom Media And Technology Holding (OTMT.CA)has announced Tuesday that the…
EFG-Hermes: No Penalty Clause In QInvest Deal In Case of Annulment
EFG-Hermes Holding (HRHO.CA) asserted in a statement made on Tuesday that the signed deals with QInvest regarding…
Planet Deal Serious, EFG-Hermes Showed No Interest: Al-Housseiny
Planet IB stated that it is ready to submit copies of investors’ letters of approvals to offer capital investments…
QInvest Deal Is Legally Binding: EFG-Hermes
A tie-up between Egyptian investment bank EFG Hermes (HRHO.CA) and Qatar's QInvest, approved by EFG shareholders on…
Euro Turns Down, Falls Below $1.25
The euro turned down on Monday, falling under $1.25 as equities extended their losses and Treasury bonds rose more…
EFG-Hermes Submits Disclosure Form On Capital Cut: EFSA
Egypt's regulator - the Egyptian Financial Supervisory Authority (EFSA) stated that EFG-Hermes Holding (HRHO.CA)…
Egypt’s Alcotexa Sells 502 Tonnes Cotton In Past Week
Egypt's Alexandria Cotton Exporters' Association (Alcotexa) committed to sell 502 tonnes of cotton in the week that…
Orascom Construction Q1 Net Income 54% Down
Egypt's Orascom Construction (OCI) (OCIC.CA) reported a 54 percent fall in first-quarter net income on Monday,…
Orascom Construction Q1/2012 Net Income Seen 38% Drop; Analysts
Orascom Construction Industries (OCI) (OCIC.CA) is scheduled to report first-quarter results on Monday. Net income…
Citadel Heads For Biggest Gain In 5 Weeks On ERC Loan
Citadel Capital SAE (CCAP.CA), an Egyptian private equity firm, is poised for the biggest advance in five weeks…