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The Watch
Gold Edges Up After Tumbling On Euro Zone Worries
Spot gold firmed on Wednesday, after posting its biggest one-day decline since late June as a meeting of euro zone…
Mohamed Omran, EGX Chairman
Egyptian former Prime Minister Essam Sharaf named September 2011 Mohamed Abdel Gawad Omran as EGX new chairman,…
Gulf Set To See Robust Growth Despite Oil Price Drop
The immediate economic outlook for most of the Gulf's wealthy Arab oil exporters has improved in the last few…
CBE: Iron Sales 8000 T Down By End of April
The iron prices soared by 7 Egyptian pounds per ton to reach EGP 4721 by the end of April. Noting that, the price…
Icahn Offered To Settle With Forest Before Battle
Activist investor Carl Icahn said he had initially tried to avoid a proxy fight against Forest Laboratories Inc and…
El Far: Naeem Holding To Finish Smart Village Project In 2014
Naeem Holding (NAHO.CA) has noted that it plans to complete the administrative buildings project in Smart Village…
Orascom Telecom Tops Tax Payers in 2012 By EGP 1.5 Bln
Orascom Telecom Holding (OTH) (ORTE.CA) topped the list of companies that paid taxes for the first time ever during…
Beltone Financial Not To Go Through Pickalbatros IPO: CEO
Aladdin Saba, Beltone Financial CEO, told Amwal Al Ghad Monday that the company has made its final decision not to…
EFG-Hermes’ Officials Trial Of Market Manipulation Adjourned Until July 14
The trial of EFG-Hermes Holding SAE (HRHO.CA)’s co-Chief Executive Officers Hassan Heikal and Yasser el-Mallawany…
Spanish Borrowing Costs Rise Ahead Of Euro Summit
Spanish and Italian 10-year bond yields have been rising ahead of a summit of eurozone finance ministers on Monday.…