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The Watch
Egyptian Pound Sets For First Weekly Gain, Dollar Bonds Rose
The Egyptian pound is headed for the first weekly gain in five after stocks climbed and on signals there won’t be a…
OTMT’s Zimbabwe Unit Appoints Francis Mawindi As New CEO
Orascom Telecom Media & Technology Holding (OTMT.CA)’s unit Telecel Zimbabwe Ltd. appointed Francis Mawindi as…
BG Egypt Starts Gas Production From WDDM Phase 8b On June 27
BG Egypt started gas production from Phase 8b of its West Delta Deep Marine concession (WDDM) on June 27, the…
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…