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Naeem To Run Takeover Deals Worth $150 Mln This Year: CEO
Youssef Medhat El Far, Naeem Holding Managing Director, said the company will be running some acquisition deals in…
Get To Know Dr. Ziad Bahaa Eldin
Dr. Ziad Bahaa Eldin (born 30th August, 1964), the son of Egypt’s prominent writer and intellectual Ahmad Bahaa El…
Planet Not To Go On Hermes Buyout Deal: CEO
Planet IB has closed EFG-Hermes (HRHO.CA) acquisition file after Egyptian Financial Supervisory Authority (EFSA)…
Get To Know Egypt’s First Lady
Najla Ali Mahmoud (born in 1962), is married to Egypt’s president- elected Mohamed Morsi, and became the First Lady…
OTMT Eyes Telecom Assets In Libya, Syria, Yemen: Bichara
Khalid Bichara, the outgoing CEO of Orascom Telecom Media & Technology Holding (OTMT.CA) said that the telco…
ASEC In Talks Over $20 Mln Loan From Citadel Capital
ASEC Company for Mining - Ascom - (ASCM.CA) BOD decided to conduct talks with Citadel Capital (CCAP.CA) and one of…
Oil Futures Up On Macro Data
Crude-oil futures gained Tuesday, following better-than-expected home price data and as investors continued to…
Euro Pares Early Losses Amid U.S. Data, Spanish Auction
The euro pared its loss versus the dollar Tuesday after a report showed U.S. consumer confidence fell more than…
Shekel Drops Against Dollar Amid Bank of Israel Cuts Rates
The Israeli shekel stayed down against the U.S. dollar on Monday after the Bank of Israel lowered interest rates by…
Egypt’s Alcotexa Sells 1.462 Tonnes of Cotton In Two Weeks
Egypt's Alexandria Cotton Exporters' Association (Alcotexa) committed to sell 1,462 tonnes of cotton in the…