Tech news Google Glass Woos Developers To $6 Bln Wearable Market: Tech Salma Ayman May 13, 2013 0 As Apple Inc. (AAPL) and Samsung Electronics Co. develop smart watches and Google Inc. (GOOG) (GOOG) prepares to…
EGX Egypt Bourse Benchmark Rises 0.97% In Week Powered By OCI-Tax Deal Yomna Yasser May 4, 2013 0 In a week, the Egyptian Exchange has managed to post gains of EGP 1.4 billion backed by the final settlement…
EGX Egypt Acquisition Tax Repeal Seen Before Orascom Telecom Deal Yomna Yasser Apr 18, 2013 0 A law that will cancel a 10 percent acquisitions tax in Egypt will be announced before Altimo’s purchase of…
Banks CBE Receives No Official Offers For Acquisition Of Banks Administrator Apr 14, 2013 0 The Central Bank of Egypt (CBE) has not received any official offers for acquiring any bank in Egypt including…
EGX EGX Hits 2-Week High, Benchmark Surges 4.9% In Week Yomna Yasser Apr 13, 2013 0 In a week, the Egyptian Exchange has hit a two-week high posting remarkable gains of EGP 12.3 billion powered by…
EGX EGX 30 Ends Near 5160 Pts Backed By Local Buyers Yomna Yasser Apr 9, 2013 0 On Tuesday, the Egyptian Exchange (EGX) has pared its midday gains which eventually reached EGP 2.8 billion backed…
EGX EGX 30 Continues To Rally, Nears 5175 Pts; Midday Yomna Yasser Apr 9, 2013 0 Powered by the announcement of cancelling the taxes on acquisitions, mergers and dividends in the Egyptian…
Banks QNB Group Announces Financial Results For 3 Months Ended 31 March 2013 Amwal Al Ghad English Apr 7, 2013 0 • Net Profit exceeded QR2.1 billion, up by 6.7% from same period last year • Total Assets stood at QR380 billion,…
EGX EGX 30 Rallies, Ends Above 6160 Pts Backed By Local, Arab Buyers Yomna Yasser Mar 27, 2013 0 During Wednesday's closing, the Egyptian Exchange (EGX) has posted gains of EGP 758 million backed by local and…
EGX EGX 30 Solely Up, Nears 5140Pts; Midday Yomna Yasser Mar 27, 2013 0 The Egyptian Exchange has incurred losses of EGP 44 million during Wednesday's midday session driven by the…