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Algeria Says Talks On Acquiring Vimpelcom Unit Continue
Algeria's finance minister denied speculation that its talks on acquiring a controlling stake in local mobile phone…
EFG-Hermes Ups NSBG’s FV At EGP 50 On QNB’s Buyout Deal
EFG-Hermes issued a report on National Societe Generale Bank (NSGB) (NSGB.CA) upping its fair value by 60% to hit…
Beltone’s Midcap Fund Buys 25% Of Bio-Pharma
The Managing Director of Beltone Private Equity told Al-Mal daily that the company's "Midcap Fund" finalized…
OCI’s Resumption Of US Methanol Production Line ‘Positive’ – Analyst
Mona El Shazly, analyst at Pharos Research, commented on the news that the Investors Relations of Orascom…
Egypt’s Sewedy Q2 Profit Slides 82 Pct
Egypt's El Sewedy Electric (SWDY.CA) , the Arab world's biggest listed cable maker, reported an 82-percent drop in…
El Sewedy Electric Says H1 Net Profit 62.2% Down
El Sewedy Electric (SWDY.CA) , the Arab world's biggest listed cable maker, reported Monday a consolidated net…
Palm Hills Denies EGP 1.2 Bln Loan Request
Palm Hills Development (PHDC.CA) has denied a news report which claimed that banks had refused to secure…
Miners, Oil Firms Lift European Markets
European stock markets rose on Monday, as mining firms moved higher, after weak Chinese manufacturing data spurred…
Gold Adds To Gains After Weak China Data
Gold racked up more gains in electronic trade Monday, with the metal extending its Friday rally after weak data…
Nile Pharmaceuticals Net Profit 47% Down; H1
Nile Pharmaceuticals & Chemical Industries (NIPH.CA) reported a net profit of EGP 25.310 million during the…