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Telecom Egypt Falls Most Amid Second CEO Change In Six Months
Telecom Egypt Co. (ETEL.CA), the Arab country’s monopoly fixed-line phone company, fell the most in almost two…
HSBC Dubai Buys At Least 5% of EFG-Hermes: EGX
HSBC Middle East Dubia has acquired a stake of at least 5% in EFG Hermes (HRHO.CA), the Middle East's biggest…
EFG-Hermes: QInvest Deal To Come Into Effect In Mid-August
EFG-Hermes Sources told Amwal Al Ghad that the QInvest deal to seize 60% of the Group stakes will go ahead within…
El Sewedy To Invest 350 Mln In Niger’s Power Project
Egypt’s El Sewedy Electric Co. (SWDY.CA) has revealed plans to enter Niger’s market by investing about $350 million…
Planet Secured Less Than 2.5% of EFG Main Shareholders: Official
An attempt by a group of Egyptian and Arab Gulf investors to buy the Middle East's biggest home-grown investment…
Egypt’s Alcotexa: 1.016 Tons Cotton Sold In Past Week
Egypt's Alexandria Cotton Exporters' Association (Alcotexa) committed to sell 1,016 tons of cotton in the week that…
Get To Know Mr. Tarek Hassan Nour Eldin Aly Amer
Mr. Tarek Hassan Nour Eldin Aly Amer has been the Chairman of National Bank of Egypt since 2008. Amer also serves…
Get To Know Mr. Mohamed Nasr Abdeen
Mr. Mohamed Nasr Abdeen is a prominent Egyptian banker with 45-year experience in commercial and Islamic banking…
China, Singapore Exempted From Iran Oil Embargo: USA
The USA has exempted China and Singapore from complying with Washington’s unilateral sanctions on oil trade with…
Planet’s Buyout Deal Is Just A ‘Hoax’, Propaganda
The Egyptian market witnessed a series of heated arguments broke out between EFG-Hermes Holding (HRHO.CA) and…