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The Watch
Oil Slips After Supply Data, But Wins On Week
Oil futures modestly fell Friday following a government report showing a smaller-than-expected decline in the…
U.S. Dollar Hikes To Ten-Year High Against Egyptian Pound
The U.S. Dollar is trading on Thursday at the highest levels against the Egyptian Pound in almost 10 years. The…
Gold Prices Ease As Fiscal Talks Continue
Gold futures traded weaker on Wednesday as investors shied away from the market amid uncertainty over fiscal-cliff…
Egyptian Pound Falls To Eight-Year Low After S&P Rating Cut
Currency loses 0.1% to 6.1785 at 12:03pm in Cairo, heading for lowest close since Dec. 2008, according to prices…
Hermes: Moving Abu Dhabi Branch To Dubai ‘Administrative’, Committed To UAE Market
EFG-Hermes Holding Company - (HRHO.CA) announced that it moved its Abu Dhabi operations to its headquarter in…
EFG-Hermes To Shut UAE Branch, Downsize More Employees
Reliable sources from EFG-Hermes the investment bank will be shutting down its brokerage firm in Abu Dhabi by…
Egypt supermarkets seen target for Dubai investor MAF
Dubai's Majid Al Futtaim (MAF), is in talks with Egypt's Mansour Group, owned by billionaire Mohammed Mansour, to…
Oil Adds To Losses As Fiscal Cliff Nears
Benchmark U.S. oil futures on Monday slightly extended their losses in electronic trade but with markets quiet…
Get To Know Egypt’s Potential CBE Governor; Hisham Ramez
On December 22nd, the Egyptian president Mohamed Morsi has met with CIB's Managing Director Hisham Ramez. News were…
Citadel Capital’s Q3 Total Investments Under Control Hit $9.5 Bln
Citadel Capital (CCAP.CA), the leading private equity firm in the Middle East and Africa, announced Sunday its…