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Iran Newly-Discovered Oil Field Holds Most High-Quality Oil
Iranian Oil Minister Rostam Qasemi says the crude in the newly-discovered oil reserves in Iran’s territorial waters…
Turkey Bans Egyptian Potatoes, Onions
Dr. Sayed El-Bous, adviser to minister of foreign trade and industry, said Turkey rejects importing the Egyptian…
Israeli Company Writes Off Its Entire Stakes In Egyptian Gas
An Israeli company has written off its entire 12.5 percent investment in the company that sold Egyptian…
Facebook IPO: Several Brokerages Stopped Taking Orders
Investors who want Facebook Inc shares when the No. 1 online social network goes public later this week may have…
Orascom Hotels, Developments Q1/2011 Losses of EGP 170.2 Mln
Orascom Hotels and Development (El Gouna Development and Hotels) (OHD) (ORHD.CA) posted losses of EGP 170.163…
Orascom Construction Meeting, Shareholders Approve Split
Shareholders in Orascom Construction Industries (OCI) (OCIC.CA) have approved a plan to separate its construction…
HC: France Telecom Purchase Offer Is Profitable
HC Securities and Investments (HCSI), the independent financial adviser for the offer submitted by France Telecom’s…
Raya Holding Q1 Profits Record EGP 2.4 Mln
Raya Holding Co. (RAYA.CA) has posted net profits of EGP 2.4 million during the first quarter of 2012, higher with…
VimpelCom Q1 Net Profits Up With 4.5%
Russian telecommunications company VimpelCom Ltd.VIP +2.75% on Tuesday posted a net profit of $318 million in…
Offering Sukuk Is Just An Idea, No Serious Steps Taken: Amer Group
Amer Group Holding (AMER.CA) denied in a statement made Tuesday studying offering sukuk valued at EGP 2.7 ($447…