Guides & Analytics
Egyptian Stocks Booming at Early Trades, EGX30 Crosses 8080
Egyptian stock market opened higher on Tuesday with gains amounting to 3.3 billion pounds powered by local buying appetite. Accordingly, the country’s main stock…
Asian Shares Rise; Nikkei Gives Up Gains On BOJ
Asian stocks rose on Tuesday, as markets bounced back from a punishingsession on Monday, while Japanese stocks gave up most of their early gains after the Bank of…
European Stocks Rebound As Metals Climb
European stock markets advanced at the open on Tuesday, with miners posting some of the biggest gains as most metals climbed. The Stoxx Europe 600 index rose 0.4% to…
Lenovo Says China Strike an IBM Matter, But It Won’t Cut Wages
Chinese PC maker Lenovo Group Ltd said it was up to IBM to resolve a wildcat strike at a China-based factory, as a deal to buy the U.S. company's server business had…
BOJ Keeps Stimulus in Place, Downgrades Exports in Warning Sign
The Bank of Japan maintained its massive monetary stimulus on Tuesday on the view that growth in the economy and consumer prices remains on track, but it downgraded…
Egypt’s EFG-Hermes Seeks More Investment Banking Revenue from Abroad
EFG Hermes (HRHO.CA), Egypt's largest investment bank, wants to secure 60 percent of its investment banking revenue from abroad by 2017, its group chief executive…
Huge Housing Deal May Signal Gulf Investment Push into Egypt
A $40 billion deal for Dubai firm Arabtec to build one million homes in Egypt may mark the start of politically-inspired Gulf investment in the country's creaking…
Juhayna Food Industries Says to Appeal Chairman’s Sentence
Egypt's Juhayna Food Industries , one of the country's largest dairy product and juice makers, said on Monday it would appeal against a court sentence for its…