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The Watch
OCI Shareholders Approve OCI N.V. Offer
Orascom Construction Industries (OCI) (OCIC.CA) announced the results of its Ordinary and Extraordinary General…
Yen’s Boon To Japan Needn’t Be South Korea’s Bane
nvestors in South Korea have been voting with their feet over the yen’s recent moves, even as international policy…
Dollar Extends Fall Against Yen; Focus On G20
The U.S. dollar on Wednesday slipped against major rivals, most notably versus the yen, amid concern that Japan may…
US Dollar Stable At EGP 6.74 On Not Offering FX Auctions
As Egypt’s Central Bank has not offered its 21st FX auction, the exchange rate of the U.S. dollar has witnessed…
Maridive Denies US$50 Mln Loan From Banque Du Caire
Egypt's Maridive and Oil Services (MOIL.CA), the biggest oil services company by fleet size in the Middle…
Citadel’s Nile Cargo Completes 1st Anchorage Operation With Purpose-Built Floating Cranes
Nile Cargo, a portfolio company of Nile Logistics, Citadel Capital’s (CCAP.CA) platform in the logistics,…
Sarie Eldin: OCI Talks Over Tax Dues Still At Square One
Dr. Hani Sarie Eldin - the legal counsel for Orascom Construction Industries, asserted that the…
Sawiris Family, Abraaj Capital To Abstain From Voting In OCI’s Coming AGM
Orascom Construction Industries (OCIC.CA) confirmed on Monday that Sawiris Family and Abraaj Capital, the…
Gold Edges Higher As Dollar Weakens
Gold futures edged higher in electronic trading Monday, along with most of the metals complex, gaining traction…
Dollar Remains With Change At EGP 6.74 On Not Offering FX Auctions
As Egypt’s Central Bank has not offered its 20th FX auction, the exchange rate of the U.S. dollar has remained with…