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The Watch
Gold Traders On Full Alert, Prices Stable
Gold markets in Egypt are witnessing a state of recession traders and consumers on full alert due to the political…
Euro Firm Against Dollar Ahead of Fed Decision
The euro remained firmer against the dollar Wednesday, on continuing hopes for action out of European officials…
The World Oilfield Services and Engineering Assembly
Changing operator requirements, tighter deadlines, high overheads and operator scrutiny, increased market…
Euro Hits Highest In Month; $1.27
The euro extended gains against the dollar on Tuesday, touching $1.27 as U.S. shares gained and analysts expected…
GB Auto Sees 20-30% Sales Rise In 2012
GB Auto (AUTO.CA) announced that it expects a rise ranging between 20% and 30 % in its sales during FY 2012,…
OT Resumes Arbitration Procedures against Algerian government in 2 Months
Orascom Telecom Holding (OTH) (ORTE.CA) says it will be completing procedures necessary to submit a formal notice…
Crude Oil Pares Losses On Europe Market Gains
Crude-oil prices eased in electronic trading Tuesday, but pared earlier losses as the Spanish government managed to…
EFG-Hermes Raises $462 Mln For Citadel Capital’s ERC Finance
In One of Arab World’s Largest Equity Raisings Since Start of 2011, EFG Hermes Investment Banking (HRHO.CA)…
Gold Retreats Amid Greek Election Results
Gold futures retreated Monday as a Greek election victory for pro-euro politicians dampened demand for the metal as…
EMRA, NBE & SFD To Finance ‘1000 Mines’ Project
The Egyptian Mineral Resources Authority (EMRA) is considering signing contracts with the National Bank of Egypt…