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The Watch
Euro Sags To Near Seven-Week Low Vs. Dollar After Messy Italy Vote
The euro skidded close to a seven-week low against the dollar while the yen kept some distance from multi-month…
Citadel Seeks To Raise US$300 Mln From Divesting Non-Core Assets In 3 Years
Leading private equity firm Citadel Capital (CCAP.CA) said it hopes to raise $300 million from divesting non-core…
Weak Yen Trend To Slow As Wary Japan Insurers Take Stock Of “Abenomics”
The yen has quickly dived to near three-year lows, but one Japanese sector with serious currency clout has yet to…
US Dollar Hits EGP 6.7379 On Monday
The US dollar’s price has reached on Monday EGP 6.7379 (buy price) and EGP 6.7679 (sell price), compared to…
Citadel Capital Sees Higher Revenues From Egyptian Currency Depreciation
Leading private equity firm Citadel Capital (CCAP.CA) said it hopes to raise $300 million from divesting non-core…
Egypt’s OTMT Announces Board Tweak
In a filling sent on Monday to the Egyptian Exchange (EGX), Orascom Telecom Media and Technology Holding S.A.E.…
OCI N.V. Announces Closure Of Exchange Offer For GDRs
As of the latest filings on 21 February 2013, GDR holders holding a total of 156,722,280 GDRs (being 99.0% of…
Egypt’s Central Bank Weekend Report Says US Dollar Hits EGP 6.76
In its weekly report on the foreign currencies exchange rates against the Egyptian pound, Egypt’s Central Bank said…
Dollar Ends Week Flat For 5th Day At EGP 6.76
The exchange rate of US dollar by the end of this week remained with stable for the fifth day in a row at EGP 6.73…
Cairo Investment Obtains Presidential Approval To Found Badr University
Cairo Investment and Real Estate Development (CIRA.CA) announced on Thursday that a Presidential decree has been…