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The Watch
Oriental Weavers’ Profit Jumps To EGP 219 Mln In 9 Months
Oriental Weavers Group (OW) (ORWE.CA) announced on Wednesday its consolidated financial statements for…
Gold Wobbles, Base Metals Rise On Weak Dollar
Gold prices hovered around the flat line during European trading hours on Wednesday, while the broader metals…
Naeem Says Consolidated Profit Hit $840.000 In 9 Months
Naeem Holding (NAHO.CA) reported on Wednesday nine-month consolidated net profit of $840 thousand by end of last…
Orascom Telecom Says Q3 Profit Hit $106 Mln
Egypt-based Orascom Telecom “Global Telecom” (ORTE.CA) reported on Wednesday third-quarter net profit attributable…
Oil Futures Inch Higher As Dollar Slips
Crude-oil futures traded barely higher during electronic action Wednesday, as the dollar moved lower. Benchmark…
PM Kandil To Open Oriental Weavers’ EGP 2.6 Bln Factory Next Week
Egypt’s Prime Minister Hisham Kandil will be opening within the coming week Oriental Weavers’ new factory…
Orascom Telecom Endorses Service Agreement Inked With VimpelCom, Ok Rebranding
During their ordinary general meeting held on Monday, shareholders of Orascom Telecom Holding (OTH) (ORTE.CA)…
EFG-Hermes Tops Euromoney’s MENA Research Poll For 5th Time
In winning this year's award EFG Hermes Research, one of the business lines of EFG-Hermes Holding (HRHO.CA),…
Oil Futures Slip Further As Dollar Gains
Crude-oil futures declined during electronic trading early Tuesday, with a rising dollar weighing, even as…
Euro Falls Below $1.27 Amid Greek Uncertainty
Concerns surrounding Greece’s fiscal crisis sent the euro below the $1.27 handle to hit a two-month low against the…