Oil Futures Edge Down Ahead Of Supply Data
Crude oil futures slipped in electronic trading Wednesday, as data showed a build in inventories and with investors…
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Indices News
Dollar Drops A Touch From 2-Year Highs In Asia
The U.S. dollar faded a bit in Asian trading hours on Wednesday, after hitting a two-year high in the previous…
Beltone Financial To Increase Beltone IT Capital To EGP 60 Mln
Beltone Financial Holding (BTFH.CA) has announced the restructure of 49% of its subsidy Beltone Information…
Citadel’s Golden Crescent, Sea Dragon Agree to Terminate Sale of NPC Egypt
Citadel Capital, (CCAP.CA), the leading private equity firm in the Middle East and Africa with US$ 9.5 billion in…
Mubadala to develop Thai Oil Field
Mubadala Petroleum and its co-concessionaires have approved the development of the Manora field in Concession G1/48…
Citadel Capital: Sea Dragon-NPC Egypt Buyout Deal Is Cancelled
Citadel Capital (CCAP.CA) announced that the deal to sell 100 %of stakes in National Petroleum Company Egypt…
Orascom Development Holding Cancels 175.000 Egyptian CDs: EGX
The Egyptian Exchange (EGX) has announced receiving a notice from Misr for Central Clearing, Depositary and…
Spanish Fears Send Euro, Global Shares, Oil Lower
European shares fell and the euro hovered near multi-year lows on Monday after two Spanish regions said they would…
Suez Cement To Move Helwan, Torah Production Lines To Headquarters
Suez Cement (SUCE.CA) is planning to move its Helwan and Torah production lines of wet cement to the company’s…
Mobinil: No Term Sheet Signed With Arrangers of EGP 2.6 Bln Loan
Egyptian Company for Mobile Services Mobinil - (EMOB.CA) denied signing the finance term sheet regarding a loan…