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The Watch
Egypt’s Central Bank Offers Its 29th FX Auction, Dollar Rises To EGP 6.73
The Central Bank of Egypt (CBE) has offered US$ 40 million to local banks on Monday at its FX auction launched last…
EFG Hermes Foundation Partners With MSD To Control Hepatitis C In Egypt
The EFG-Hermes Foundation is proud to announce a new initiative to control Hepatitis C in Egypt. Launched in…
Sarie Eldin Says ‘Surprised’ By OCI Officials’ Travel Ban As Talks Still Ongoing
Dr. Hani Sarie Eldin - the legal counsel for Orascom Construction Industries (OCIC.CA), said he was “surprised” by…
Egypt’s Prosecutor-General Issues Travel Ban For The Sawiris
The measure against the two business tycoons, Onsi and Nassef Sawiris, is part of the prosecution's investigation…
Orascom Construction Says Didn’t Get New Tax Claim Amid CEO Ban
Orascom Construction Industries, (OCIC) the company transferring its stock listing to Amsterdam from Cairo, said it…
Egypt’s OTMT Standalone Net Profit Hits EGP 6.307 Mln
Orascom Telecom Media And Technology Holding SAE (OTMT.CA) has announced its standalone financial statements…
US Dollar Halts 14-Day Steady, Hits EGP 6.77 By Week-End
The US dollar had ended this week slightly higher to reach EGP 6.74 (buy price) and EGP 6.7704 (sell price),…
OCI Awards US$60 Mln Tanks Tender To Matrix Service Inc.
OCI N.V.’s wholly-owned subsidiary Iowa Fertilizer Company (IFCo), a Greenfield nitrogen fertilizer plant located…
US Dollar Steadies At EGP6.76 In FX Firms, Hits EGP7.40 In Black Market
The US dollar’s price has slightly surged on Wednesday to EGP 6.7391 (buy price) and EGP 6.7692 (sell price),…
Orascom Telecom Due To Announce FY/12 Financial Results On March 6th
Orascom Telecom Holding (ORTE.CA) said will announce its unaudited consolidated and standalone financial statements…