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Pharos: Citadel’s Termination of Sea Dragon Deal ‘Cash-Negative’
Pharos Research commented on the news that Citadel Capital (CCAP.CA) entered into a termination agreement with…
Oil Futures Edge Down Ahead Of Supply Data
Crude oil futures slipped in electronic trading Wednesday, as data showed a build in inventories and with investors…
Dollar Drops A Touch From 2-Year Highs In Asia
The U.S. dollar faded a bit in Asian trading hours on Wednesday, after hitting a two-year high in the previous…
Hisham Kandil, Egypt’s Youngest PM
Egyptian President Mohamed Morsi has asked Hisham Kandil (born 1962), a relatively young government minister…
Centamin Egypt Loses EGP 25 mln
Centamin Egypt Co., which has the franchise of extracting gold from Alsukari mine, lost EGP 25 million because of…
Beltone Financial To Increase Beltone IT Capital To EGP 60 Mln
Beltone Financial Holding (BTFH.CA) has announced the restructure of 49% of its subsidy Beltone Information…
Citadel’s Golden Crescent, Sea Dragon Agree to Terminate Sale of NPC Egypt
Citadel Capital, (CCAP.CA), the leading private equity firm in the Middle East and Africa with US$ 9.5 billion in…
Mubadala to develop Thai Oil Field
Mubadala Petroleum and its co-concessionaires have approved the development of the Manora field in Concession G1/48…
Citadel Capital: Sea Dragon-NPC Egypt Buyout Deal Is Cancelled
Citadel Capital (CCAP.CA) announced that the deal to sell 100 %of stakes in National Petroleum Company Egypt…
Orascom Development Holding Cancels 175.000 Egyptian CDs: EGX
The Egyptian Exchange (EGX) has announced receiving a notice from Misr for Central Clearing, Depositary and…