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The Watch
EFG-Hermes: QInvest Deal Threatened By Egypt Regulator Approval Delay
EFG Hermes (HRHO.CA) said on Sunday it was still waiting for approval from Egyptian regulators for a deal with…
Dollar Steadies Against Egypt Pound, Euro Falls 0.3%
On Thursday, the exchange rates of the US dollar, Saudi riyal and UAE dirham have steadied against the Egyptian…
Egypt’s Pound Set To Sag Further Against The Dollar: Reuters Poll
Egypt's pound will depreciate steadily against the dollar over the next 12 months, undermined by political and…
US Dollar Exceeds EGP 6.84 At Banks, Hits EGP 7.90 In Black Market
The US dollar exchange rates against the Egyptian pound at banks increased to EGP 6.8177 for buying and EGP 6.8478…
EFG-Hermes Posts US$0.68 Bln AUM In 2012
EFG-Hermes (HRHO.CA) the leading investment bank in the Arab world, released on Wednesday its consolidated…
EFG-Hermes Posts EGP 21 Mln Net Loss For Q4
Egypt’s biggest investment bank EFG-Hermes Holding (HRHO.CA) has logged EGP 21 million ($3.08 million) net loss in…
EFG-Hermes 2012 Profits Fall By 28.45%
Egypt’s biggest investment bank EFG-Hermes Holding (HRHO.CA) has announced on Wednesday its consolidated financial…
Oil Futures Pull Back As Weekly Stockpiles Surge
Hong Kong stocks gained ground early Wednesday, with exporters climbing after the Dow industrials and S&P 500…
Yen Falls As Japan Easing Questions Swirl
The U.S. dollar rose against Japan’s currency Wednesday, extending gains against the yen as investors waited for a…
Gold Futures Extend Drop From $1,600
Gold futures fell Wednesday, continuing to retreat from the $1,600 level as a climb in the U.S. dollar highlighted…