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The Watch
Egypt Pound Steadies Against Dollar, Falls Against Euro, Saudi Riyal
The US dollar’s price against the Egyptian pound has steadied on Tuesday at EGP 6.7893 (buy price) and EGP 6.8194…
Dollar Edges Higher Ahead Of Cyprus Vote
The dollar moved higher in Asia trading hours on Tuesday ahead of a slate of economic data, with concern lingering…
EFG-Hermes Says Officials’ Asset Freeze Decree Unlikely To Affect Its Businesses
EFG-Hermes Holding (HRHO.CA) said the Egyptian prosecutor general’s decree on freezing assets of its chief…
Oil Plunges As Dollar Gains On Cyprus News
Crude-oil futures tumbled in electronic trading Monday, slapped lower by a surge in the dollar as worries spiked…
Egypt Pound Steadies Against Dollar, Falls Against Euro, Pound Sterling
The US dollar’s price against the Egyptian pound has steadied on Sunday at EGP 6.7811 (buy price) and EGP 6.8112…
Egypt’s Tax Authority, OCI To Hold New Meeting By March 17
The negotiations between the Egyptian Tax Authority (ETA) and Orascom Construction Industries (OCIC.CA) will be…
Oil Adds To Losses As Investors Eye Outlook
Oil futures extended losses in electronic trading Thursday, as Asian investors added to selling seen in the U.S…
Dollar Retreats After Data-Related Gains
The dollar retreated modestly in Asia on Thursday, with the Australian dollar grabbing the spotlight after the…
Orascom Telecom’s Int’l Arbitration Over Djezzy Still Ongoing
Orascom Telecom Holding - OTH (ORTE.CA) has confirmed on Wednesday that the work on the international arbitration…
Egypt Wheat Stocks Fall Further, Sufficient For 89 Days – Minister
Strategic stocks of wheat held by the world’s biggest importer Egypt stand at 2.207 million tons from international…