OTMT Tops EGX Volume of Trades In Week
Orascom Telecom Media & Technology Holding (OTMT.CA) has been the most active firms during last week as its…
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Citadel Capital
EGX 30 Retreats 8.7% In Week On Runoff Uncertain Results
Egyptian exchange main index EGX30 index sunk by 8.76 % this week, representing a retreat of 387.44 points, ending…
Banks Retreat From Financing US$ 300 Mln LG For ERC
The Egyptian Refining Company (ERC) seems to face financial problems after banks has retreated from financing the…
EFG-Hermes Raises $462 Mln For Citadel Capital’s ERC Finance
In One of Arab World’s Largest Equity Raisings Since Start of 2011, EFG Hermes Investment Banking (HRHO.CA)…
Citadel Heads For Biggest Gain In 5 Weeks On ERC Loan
Citadel Capital SAE (CCAP.CA), an Egyptian private equity firm, is poised for the biggest advance in five weeks…
Citadel Capital Reafirms $2.6 Bln ERC Debt Package
Citadel Capital (CCAP.CA) disclosed today that lenders have signed amended documentation reaffirming that a US$ 2.6…
Egyptian Exchange Main Index 4.2% Down Amid Controversial Verdict
Egyptian Exchange benchmark EGX 30 index dipped by 4.2 % this week, representing a retreat of 196.87 points, ending…
Sawiris Backs Planet IB’s Bid For EFG-Hermes
Egyptian billionaire Naguib Sawiris is helping finance a takeover bid for Egypt's biggest investment bank EFG…
EGX30 Falls 5.7% In week Amid Controversial Election Results
Egyptian Exchange benchmark EGX 30 index dipped by 5.73 % this week, representing a retreat of 285.3 points, ending…
EFG-Hermes Receives Buyout Offer From Planet Consortium Group
A group of investors is considering a bid to acquire EFG-Hermes Holding (HRHO.CA) in a deal worth $1.2 billion,…
