Guides & Analytics
Egypt: Shares Gain EGP2.4 billion, EGX30 Crosses 8375 at Early Trade
Egypt stocks opened higher on Thursday with gains worth 2.4 billion pounds backed by local and non-Arab foreign buying appetite. In return, the country’s main stock…
Fawry-Egypt Provides E-Bill Services for UAE Market within 4thQ of 2014
Fawry Electronic Bill Services is aiming to enter UAE market within the last quarter of the ongoing year. Eng. Ashraf Sabry, CEO of Fawry said his company is making…
Dollar, Bond Yields Jolted Higher By Fed Rate Risk
The U.S. dollar was hanging onto hefty gains in Asia on Thursday as investors wrestled with the risk that U.S. interest rates could rise sooner and faster than…
Candy Crush To Go Public: King Digital Entertainment
Candy Crush Saga is popular throughout the world and King Digital Entertainment, the firm which made the game, is planning to go public by the end of March 2014. The…
Egypt’s ‘Military Inc’ Expands Its Control Of The Economy
In the shadows of a harsh political crackdown, the military that overthrew Egypt's first democratically elected president last summer is positioning itself to become…
Iran’s Zarif ‘Sees Signs Of Comprehensive Nuclear Deal’
Iran's foreign minister has said he sees "signs" of a comprehensive deal on its nuclear programme, after talks with world powers, Iranian media report. Mohammad…
Ethiopia Sees Output At Africa’s Biggest Power Plant By 2015
Ethiopia will begin generating electricity within 18 months from what will be Africa’s largest power plant, the government said. The sale of 7.1 billion birr ($367…
Jpmorgan, HSBC Said Planning To Bid For $4 Billion Saudi IPO
JPMorgan Chase & Co. and HSBC Holdings Plc (HSBA) are among banks planning to compete for a role in the largest Saudi Arabian share sale in at least 12 years,…