Sawiris Backs New European Telecoms Fund
Naguib Sawiris, the Egyptian telecoms billionaire, has backed a fund management group formed by former Wind…
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Indices News
Suez Cement: New Investments Of €18 Mln After Elections
Suez Cement (SUCE.CA) will be injecting investments worth €18 million within the coming two months after the…
OTMT To Pay EGP 1.05 Dividends Amid Mobinil Sale, Net Profits Hit EGP 4.56 Bln
Egypt's Orascom Telecom Media and Technology (OTMT.CA) said on Tuesday it would distribute a 1.05 Egyptian pound…
Orascom Telecom Media Approves Khaled Bichara’s Resignation
During its BOD meeting, Orascom Telecom Media And Technology Holding (OTMT.CA)has announced Tuesday that the…
EFG-Hermes: No Penalty Clause In QInvest Deal In Case of Annulment
EFG-Hermes Holding (HRHO.CA) asserted in a statement made on Tuesday that the signed deals with QInvest regarding…
Planet Deal Serious, EFG-Hermes Showed No Interest: Al-Housseiny
Planet IB stated that it is ready to submit copies of investors’ letters of approvals to offer capital investments…
QInvest Deal Is Legally Binding: EFG-Hermes
A tie-up between Egyptian investment bank EFG Hermes (HRHO.CA) and Qatar's QInvest, approved by EFG shareholders on…
EFG-Hermes Submits Disclosure Form On Capital Cut: EFSA
Egypt's regulator - the Egyptian Financial Supervisory Authority (EFSA) stated that EFG-Hermes Holding (HRHO.CA)…
Orascom Construction Q1 Net Income 54% Down
Egypt's Orascom Construction (OCI) (OCIC.CA) reported a 54 percent fall in first-quarter net income on Monday,…
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…