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The Watch
OCI Says Receiving Dues Paid On Stream Boilers Takeover Is ‘Must’
Orascom Construction Industries - OCI - (OCIC.CA) confirmed on Wednesday its full readiness for cooperation with…
Gold Retakes Some Losses, Stays Below $1,700
Gold futures climbed to edge off near three-month lows on Wednesday, but the precious metal remained well below the…
El Sewedy, Arab Contractors JV To Build $169 Mln Iraqi Power Plant
El Sewedy Electric (SWDY.CA), the leading Wire & Cable and Integrated Energy Solution Provider in the Middle…
Oil Futures Climb On Hope For U.S. Cliff Deal
Crude-oil futures climbed toward $88 a barrel in electronic trading Tuesday, supported by optimism that U.S.…
Gold Gains On Fiscal-Cliff Hopes, Weaker Dollar
Gold futures extended week-to-date gains Tuesday, returning above $1,700 an ounce, amid renewed optimism for…
Centamin Likely To Resume Operations In Sukari Mine In Days
Egypt’s largest gold producer, the Australia-based Centamin PLC, said it expected operations at its mine to restart…
Citadel Capital’s NPC Sells Shukheir Marine To Sea Dragon
Citadel Capital (CCAP.CA), the leading private equity firm in the Middle East and Africa with US$ 9.5 billion in…
Yen Weakens After Opposition’s Election Victory
The dollar rose to 84.10 yen in early trading on Monday, from ¥83.51 in late U.S. trading on Friday, after Japan’s…
Dollar Gains On Yen, Some Other Major Currencies
The U.S. dollar climbed against some major currencies Monday, most notably against the yen, as a strong electoral…
NBK Capital Reiterates ‘Buy’ Recommendation For Lecico’s Stock
NBK Capital MENA Research said in a report on Egyptian ceramics maker Lecico Egypt (LCSW.CA) that it has…