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The Watch
Dollar edges up; euro waiting for Greece news
The dollar turned higher Tuesday as attention shifted back toward whether and when Greece will get its next…
Oil Bounces Back On Mideast Woes, Inventory Data
Crude-oil futures gained in electronic trading Wednesday, bouncing back after recent declines, as Israel and Hamas…
OCI In Talks To Pay EGP 1.2 Bln Tax Dues: Sources
Sources near from Orascom Construction Industries – OCI (OCIC.CA) said the firm is planning not to pay the Tax…
OCI Announces Start Of Construction Work On Iowa Fertilizer Company
Orascom Construction Industries (OCI) (OCIC.CA) announced on Monday that its wholly owned subsidiary, Iowa…
Oil Pulls Back After Sharp Gain
Crude-oil futures slipped in electronic trading Tuesday, easing off of recent sharp gains as the dollar moved…
Euro Weakens On Moody’s Downgrade Of France
The euro slipped against the U.S. dollar and some other currencies Tuesday after Moody’s stripped France of its AAA…
EFG-Hermes’s 9-Month Consolidated Profit Falls 19%
EFG-Hermes Holding (HRHO.CA), the biggest publicly traded Arab investment bank, has reported on Monday a 9-month…
Gold Futures Edge Higher As U.S. Dollar Eases
Gold prices on Monday began a new week on a positive note, adding to the modest gains recorded Friday as the U.S.…
Oil Adds To Gains As Dollar Drops
Crude-oil futures extended their rise during electronic trading Monday, passing a key technical level as the dollar…
Citadel Bids For EGP 2.5 Bln Gas Supply Project
Ahmed Heikal, Chairman and Founder of leading private equity firm Citadel Capital (CCAP.CA), announced submitting a…