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OCI To Call Shareholders For Extraordinary Meeting Upon EFSA’s Request
OCI N.V. announced Wednesday that its subsidiary, Orascom Construction Industries S.A.E (OCIC.CA), will comply with…
Citadel Capital Denies Pressuring To Import Qatari Gas At Exorbitant Prices
Citadel Capital (CCAP.CA), Egypt’s biggest publicly traded private-equity firm, rebutted the news that Founder and…
GB Auto Pushes Regional Expansion Drive Forward Into Algeria And Libya
GB Auto (AUTO.CA), a leading automotive assembler and distributor in the Middle East and North Africa, announced on…
Yen Rebounds On Japan Minister’s Remarks
The yen rebounded against the dollar and the euro on Tuesday after the Japanese finance minister denied that Tokyo…
Egypt’s Oriental Weavers Named Best Booth In DOMOTEX Hannover 2013
Egypt’s leading carpet manufacturer Oriental Weavers Group (OW) (ORWE.CA), has been named the best booth in German…
OCI N.V. Submits Mandatory Tender Offer to Egypt’s FSA
OCI N.V. announced Monday that it has formally filed a mandatory tender offer (MTO) to acquire all outstanding…
Egypt Currency Has Further To Fall: Business Leader
Egypt has begun devaluing its currency to help revive the economy and meet the conditions of an expected IMF loan…
Egypt Pound Will Not Collapse: Presidential Aide
The Egyptian pound will not collapse and its incremental depreciation has stabilized, a senior aide to Islamist…
EFG-Hermes Named Best Asset Manager For 2012
EFG Hermes (HRHO.CA) has won three MENA Fund Manager magazine awards recognizing its solid performance in 2012. The…
Local Gold Prices Record 4-Day Lows, 21-Carat Hits EGP 305
Gold prices in the Egyptian market on Sunday continued to slide for the fourth successive day to EGP 10830.95…