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EFG-Hermes Signs Deal To Form Investment Bank With Qinvest
Egypt's EFG-Hermes (HRHO.CA) said on Friday it had sealed an agreement first announced in March to form a…
China’s Yuan Reforms Promising: US Geither
U.S. Treasury Secretary Timothy Geithner told Chinese President Hu Jintao on Friday that China's moves toward a…
Orascom Telecom To Receive $2.5 Bln Loan From Vimpelcom
Egypt's Orascom Telecom (ORTE.CA) said on Thursday it would receive a $2.5 billion loan from its majority…
Iraq Crude Exports Hit 2-Decade Record In April
Iraq’s Oil Ministry spokesman Assem Jihad says the country has boosted its crude exports in April to an average of…
EGPC’s Shake-Up In Egypt Subsidies On Petroleum Products
The Egyptian General Petroleum Corporation (EGPC) has made proposals to help the government cut LE35 billion ($5.8…
Iraq oil exports rise 8 percent in April
Iraq's oil ministry says crude exports in April have increased by more than 8 percent, compared to the previous…
Gold Retreats Amid Hitting Two-Week High
Gold edged down on Wednesday after hitting a two-week high in the previous session as upbeat U.S. manufacturing…
South African Crude Oil Imports From Iran Reach $434 Mln
South African crude oil imports from the Islamic Republic of Iran have increased to $434.8 million in March from…
Gold Inches Up Two-Week High On Tuesday
Gold inched up to a two-week high on Tuesday, supported by weakness in the dollar after latest data indicated the…
Mobinil Swings To Q1 Losses of EGP 74 Mln
Egyptian Company for Mobile Services (Mobinil) (EMOB.CA) Monday swung to a first-quarter net loss of 74 million…