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France Telecom Acquires 94% Of Mobinil: EGX
France Telecom (FTE) acquired 94 percent of Egyptian Company for Mobile Services (Mobinil) - (EMOB.CA) for EGP 19…
ASEC Approves FY11 Financial Statements, No Dividends
The Annual General Meeting (AGM) of ASEC Company for Mining (ASCM.CA) has endorsed the Board of Directors as…
Yen Climbs Against Dollar Amid BOJ Inaction
The Japanese yen strengthened against the dollar on Wednesday after the Bank of Japan failed to unveil any new…
Norway’s Statoil Accepts Bid For Statoil Fuel & Retail
Norwegian oil and gas major Statoil ASA STO -1.06% said Wednesday that following the pre-acceptance of the cash…
Facebook Share Sinks 11 %
Facebook shares sank 11 percent in the first day of trading without the full support of the company's underwriters,…
Iranian Crude Passing Through Suez Canal Dropped
The number of Iranian crude vessels pasing through Egypt's Suez Canal has dropped this year as Western sanctions…
Amer Group Submits a Disclosure Form On Capital Reduction: EFSA
The Egyptian Financial Supervisory Authority (EFSA) announced that Amer Group Holding (AMER.CA) placed a disclosure…
Egypt Buys 1.1 Mln Tonnes of Local Wheat: Official
Egypt has bought 1.1 million tonnes of local wheat so far in the 2011/2012 season despite diesel shortages that…
Telecom Egypt Annoucnes New Chief Commercial Officer
Telecom Egypt (TE) (ETEL.CA) today announced that Eng. Sayed Elgharabawy will hold the currently vacant position of…
Iran To Open Biggest Gas Refinery Next Year
Managing director of the National Iranian Offshore Oil Company (NIOOC) says the biggest gas refinery in the Gulf…