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The Watch
EFG-Hermes’ Net Income Tumbles 63%: EGX
Egyptian investment bank EFG-Hermes saw its net income slide 63 percent in 2011, the stock exchange said on Sunday.…
US Companies’ Q1 Profits Expected Not to be High
Corporate profits for U.S. companies in the first quarter are expected to be a dud in many cases, market analysts…
Ham Prices Higher As Easter Is Coming
Ham will be the centerpiece of many Easter dinners this weekend, but the cost of that traditional main dish may…
Saudi’s Almarai Q1 Net Profit Higher 2.9%
Saudi dairy and food maker Almarai Trading Co said on Saturday its first-quarter net profit rose 2.9 percent to…
Gold Traders Bearish for First Time in 2012
Gold traders are bearish for the first time this year after the Federal Reserve signaled it may refrain from…
Burger King Is Back to Stock Market
Burger King looks set to return to the stock market less than two years after leaving it in a deal with Justice…
Gold Fails to Rebound, Extends Losses
Gold struggled to regain lost ground on Wednesday after tumbling nearly 2 percent in the previous session, as the…
U.S Dollar Hits 1-Week High On Fed’s Meeting
The dollar hit a one-week high against a basket of currencies on Wednesday, lifted by minutes from the U.S.…
Turkish Party Slams Govt. On Energy High Price
Uzeyir Tunc, the Great Union Party (BBP)’s general secretary, made the comments on Tuesday, having filed a lawsuit…
UAE Halts Egypt’s Livestock Imports On FMD Concerns
UAE’s Minister of Environment and Water Dr. Rashid Ahmad bin Fahad issued today a ministerial ordinance temporarily…