Guides & Analytics
CBE’s Hisham Ramez Flied to UAE to Review Joint Cooperation Yesterday
The Governor of the Central Bank of Egypt (CBE), Hisham Ramez departed yesterday to UAE for two days so as to meet many officials and figures. Ramez’s Visit comes…
Coal Is No Solution to Egypt’s Energy Woes-Environment Minister
Egypt's worsening energy problems and the demands of heavy industry are no reason to embrace coal, the environment minister says, warning of long-term damage to the…
Asian Shares Mixed; Tokyo, Hong Kong Decline
Stocks in Japan and Hong Kong slipped as investors nervously awaited for the West’s response to Crimea’s vote to break away from Ukraine and join Russia, which has…
Gold Catches Slight Lift From Crimea Vote
Gold futures managed to gain some on Monday from the landslide vote in Crimea for secession from Ukraine, though the fallout from Russia’s expected move to absorb…
Caracal Energy to Acquire TransGlobe to Add Assets in Egypt
Caracal Energy Inc. (CCAXF), a Canadian oil producer operating in Chad, agreed to buy TransGlobe Energy Corp. (TGL) for about C$696.2 million ($626.9…
Dollar climbs after Crimea vote, hryvnia sinks
The U.S. dollar pushed higher on Monday on waning concerns by investors over Ukraine, after early results of Sunday’s referendum showed voters in Crimea voting to…
Russia stocks rebound after Crimea vote
Russian stocks traded higher in early action on Monday, in the wake of preliminary results of Sunday’s referendum that showed an overwhelmingly positive vote by…
RWE Dea’s Gas Operations in Egypt’s North West Khilala Prove Successful
RWE Dea Egypt – a subsidiary of German energy company RWE AG - reported another positive appraisal of the North West Khilala (NWK) natural gas field, part of the…