Browsing Category
The Watch
Egyptian Iron Retreats Amid Global Price Decline
The global metals prices have mostly declined during the last week of May amid the current state of price…
Parliament Dissolution Crisis Threatens Currency
The dissolution of the Egyptian parliament elected after last year's overthrow of veteran president Hosni Mubarak…
AAIB Initially Approves To Finance Planet-Hermes Buyout Deal
Planet IB Consortium has gained an initial approval of Arab African International Bank (AAIB) to arrange a loan to…
Iraq’s Basra Traditional Copper Industry Is In Decline
Inside Basra’s Safafeer market, once famous for its supplied households with kitchen utensils, as well as…
Sawiris Backs New European Telecoms Fund
Naguib Sawiris, the Egyptian telecoms billionaire, has backed a fund management group formed by former Wind…
Egypt Has 6-Month Wheat Supply: Egypt’s GASC
Egypt's state wheat buyer said on Wednesday it had purchased six months' supply from local and international…
Suez Cement: New Investments Of €18 Mln After Elections
Suez Cement (SUCE.CA) will be injecting investments worth €18 million within the coming two months after the…
OTMT To Pay EGP 1.05 Dividends Amid Mobinil Sale, Net Profits Hit EGP 4.56 Bln
Egypt's Orascom Telecom Media and Technology (OTMT.CA) said on Tuesday it would distribute a 1.05 Egyptian pound…
Orascom Telecom Media Approves Khaled Bichara’s Resignation
During its BOD meeting, Orascom Telecom Media And Technology Holding (OTMT.CA)has announced Tuesday that the…
EFG-Hermes: No Penalty Clause In QInvest Deal In Case of Annulment
EFG-Hermes Holding (HRHO.CA) asserted in a statement made on Tuesday that the signed deals with QInvest regarding…