Guides & Analytics
Oil Flirts With First Gain In Five Sessions
Oil futures on Wednesday were making a feeble attempt to put an end to their losing streak, but they still leaned higher after a report showed crude supplies last…
Europe Tracks U.S. Lower On Debt Ceiling Concerns
European stock markets opened broadly lower on Wednesday, tracking prior-day losses in the U.S., where discussions about raising the debt ceiling weighed on…
OCI N.V. Launches Tender Offer for OCI Local Shares, GDR Offer Soon
OCI N.V. announced today the launch of the first period during which all eligible shareholders of Orascom Construction Industries S.A.E. (“OCI S.A.E.”) may accept an…
Court Delays Appeal against TMG’S Madinaty Deal Till January 28
The Supreme Administrative Court adjourned today the hearing of an appeal lodged by Hamdy El Fakharany against the new sale contract for flagship development…
Egypt Shuts Headquarters Of Muslim Brotherhood Newspaper
Egyptian authorities have shut down the headquarters of the Muslim Brotherhood's Freedom and Justice newspaper in Cairo, the latest move aimed at crushing the…
Iranians Decline Obama-Rouhani Encounter
US officials offered to hold informal talks between President Barack Obama and Iranian President Hassan Rouhani on the sidelines of the UN General Assembly, but the…
Economic Group Reviews Providing Basic Commodities
The economic group, under Prime Minister Hazem el-Beblawi, reviewed a report of the supply minister on the measures taken by the ministry to provide all kinds of…
TE Data Increases ‘Tal2a’ ADSL from 2 to 8 MB in Egypt
TE-Data, the internet arm of Telecom Egypt (TE) has revealed a new high-speed internet (ADSL) in the Egyptian market throughout launching 'Tal2a' which doubled the…