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Telecom Egypt Says Q2 Net Income Falls 25%
Landline monopoly Telecom Egypt (ETEL.CA) reported a 25% drop in second-quarter net income on Wednesday, pushed…
Oil Futures Pull Back As U.S. Dollar Firms Up
Crude-oil futures on Wednesday retreated from their highest level in more than two months, as a firmer dollar and…
Lafarge Egypt H1/12 Sales Hit EGP 3.5 Bln
Lafarge Cement Egypt has posted total sales of EGP 3.5 billion by the end of the first half of 2012. The company…
US Dollar To Rise Against Egyptian Pound On Sinai Attack: Experts
The exchange rate of the US dollar has witnessed on Monday a slight rise against the Egyptian pound recording EGP…
Egypt Gas’ H1/2012 Net Profits 1% Down: Indicators
Egypt Gas (EGAS.CA)’s unaudited business results indicators for the fiscal year ended on 30/06/2012 suggest that…
Algeria Mulls Officially Throw Over Djezzy Purchase: Sources
Close sources from the Algerian Finance Ministry revealed that the government is about to officially throw over the…
Euro Edges Higher But May Soon Slip Back
The euro rose Monday, extending its gains from the end of last week, when the currency rallied on the back of…
Oil Futures Retreat After Payrolls Surge
Oil futures slipped in Asian trading hours on Monday, as investors paused after pushing the commodity to sharp…
OTMT Tops EGX Volume of Trades, Egypt’s Cabinet Formation Week
Amid last week trading which witnessed the making up of Egypt’s new cabinet headed by Hesham Kandil, the shares of…
Oil prices jump on US jobs data
Global oil prices rebounded sharply on Friday as traders digested strong non-farm payrolls data in top crude…