Yen Edges Higher As Risk Aversion Flares Up
The yen held firm versus the dollar on Thursday, clinging to gains made the previous session when investors…
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Indices News
EFG- Hermes Says Lining Up First Ipos Since Mubarak Era
Egypt's largest investment bank said it is lining up share flotations for three firms worth a combined $300…
Dollar Stabilizes Vs. Yen As Investors Brace For Fed Meeting
The dollar regained a firmer footing against the yen on Tuesday, as expectations the U.S. Federal Reserve will…
Dollar Touches Seven-Week Low Vs. Yen On Emerging Market Concerns
The dollar slipped to a seven-week low against the yen on Monday as a sell-off in emerging market currencies late…
Hermes Raises Juhayna FV To LE 14/Share
EFG-Hermes raised, in a recent study, Juhayna Food Industries - Fair Value (FV) by 14% to EGP14/share and…
Emerging Market Policymakers Move To Allay Currency Concerns
Top emerging market policymakers moved to allay concerns about their economies on Friday after investors sold off…
Gold Falls To 2-Week Low, Chinese Demand Worries Grow
Gold fell to its lowest in nearly two weeks on Thursday as investors waited for U.S. data for clues on the outlook…
Egypt Regulator Extends Citadel Capital’s Rights Issue until February 13
The Egyptian Financial Supervisory Authority (EFSA) approved Citadel Capital (CCAP.CA)’s request to extend the…
EU Wheat Hits 3-month Low As Egypt Seeks Supplies
EU wheat futures fell to a 3-month low on Thursday as the market adjusted to recent weakness in…
OCI N.V. Launches Second Tender Offer Extension for Local Shares in OCI S.A.E
OCI N.V. announced today the launch of the second period during which all eligible shareholders of Orascom…
