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Orascom Construction Industries Profits Reach EGP 4.5 Bln
Orascom Construction Industries (OCIC.CA) posted net profits of EGP 4.480 billion during the fiscal year ended…
Egypt’s SODIC Swings to 2011 Net Loss of EGP 193.2 Mln
Six of October Development & Investment Company - SODIC - (OCDI.CA) posted net losses of EGP 193.152 million…
Egypt’s Wheat Reserves Surge 35%; Q1/2012
Ali Sharaf El Din, Chairman of the Chambers of Cereal & Its Products of the Federation of Egyptian…
Orascom Telecom Standalone Profits Reach EGP 3.4 Bln
Orascom Telecom Holding (OTH) (ORTE.CA) reported standalone net profits of EGP 3.437 billion during the fiscal year…
Gas Sector Tax Economically Unjustified: Putin
Gazprom’s shares shed 1.5% following the Russian Prime Minister’s statement that the tax burden on the gas sector…
Faisal Islamic Bank To Distribute EGP 2.11/Share on April 22nd
Faisal Islamic Bank of Egypt (FAIT.CA) declared cash dividends no. (33) of EGP 2.111 per share in case the share is…
Exxon Mobil-Rosneft Deal Signed To Develop Arctic Reserves
Rosneft and Exxon Mobil have signed a partnership deal, which will see them work together to develop the Arctic's…
Fuel Price may Push MENA Airlines To Post More Losses
Middle East carriers could post financial losses over the coming 12 months, despite appearing to have weathered the…
Oil Falls For Second Day Amid Iran Nuclear Talks
Oil fell a second day after the first international talks in 15 months on Iran’s nuclear program yielded an…
EU Carbon Records Biggest Decline In Two Weeks As Power, Gas Drop
European Union carbon permits dropped the most in almost two weeks before auctions this week by Austria, Germany…