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The Watch
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…
Orascom Development Selects Architects For $1.4 Bln Montenegro Resort
The US-based SB Architects group has been selected by Swiss developer Orascom Development Holding (AG) - (ODHN.CA)…
Egyptian Pound Falls To 7-Year Low Ahead of Runoff Results
Egypt's currency, the pound , weakened to its lowest against the U.S. dollar in more than seven years on Sunday as…
Iran Starts First Gas-To-Wire Project
Iran has started the implementation of its first gas-to-wire (GTW) project, which will allow the country to export…
Suez Cement Delays Project of EGP 1.5 Bln On Political Instability
Suez Cement (SUCE.CA) has decided to postpone carrying out its project regarding adding new production lines to its…
Traders Charge Egypt Big Premiums For Fuel Shipments
Egypt's military rulers have secured record supplies of fuel worth at least $1.2 billion for the summer months,…
Orascom Telecom’s Waseela Bank Signs Partnership Deal With Adamjee
Waseela Microfinance Bank Limited (WMBL), a microfinance institution (MFI) in Pakistan, a fully-owned subsidiary of…
Oil Futures Fall Sharply On China Data
Oil futures fell sharply in electronic trading on Thursday, extending heavy losses made the previous day, after…
Dollar Firms Thursday Amid Fed Announcement, China Data
The dollar firmed across the board Thursday, after the Federal Reserve limited easing measures to an extension of…
Egyptian Pound Bid At 7-Year Weakest To US Dollar
Egypt's pound was bid at 6.0507 to the U.S. dollar on Wednesday, its weakest in more than seven years, following a…