Yen Claws Back From Five-Year Trough In Wake Of Fed Taper
The dollar gave back some of its gains after cresting at its highest against the yen in more than five years on…
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Indices News
Yen Slips As Investors Await Fed Meeting Outcome
Another Japanese trade deficit pulled the yen down against the dollar and the euro on Wednesday, but that was only…
EFG Hermes Board of Directors Names Karim Awad as Group Co-CEO
Investment banking veteran joins Yasser El-Mallawany as CEO of EFG Hermes Holding S.A.E. EFG-Hermes (HRHO.CA), the…
Dollar, Global Stocks Rise As U.S. Jobs Data Boosts Taper Talk
Global equity markets surged and the dollar rose against the yen on Friday after stronger-than-expected U.S. jobs…
EFG-Hermes Executes 15 Investment Transactions In Egypt, UAE, Saudi Arabia
Karim Awad, CEO of Regional Investment Bank at EFG-Hermes Group (HRHO.CA), revealed that the group is currently…
EFG-Hermes Raises Lecico Egypt FV to EGP 10/share, Upgrade to Buy Rating
EFG-Hermes upgraded, in a recent study, Lecico Egypt (LCSW.CA) rating to Buy from Neutral and raise Fair Value (FV)…
Citadel Says to Open Subscription to Secondary Shares Dec. 24
Citadel Capital announced it obtained the approval of the Egyptian Financial Supervisory Authority (EFSA) on…
InfraMed Injects $40 mln Investments in Jordan’s 1st Utility-Scale Wind Farm
EFG-Hermes (HRHO.CA), leading investment bank in the Arab world, announced today that InfraMed has made a US$ 40…
Euro Makes Move On Yen, China Shares Outperform
The euro raced to fresh highs on both the yen and U.S. dollar on Wednesday, while Shanghai stocks shrugged off…
Dollar Steps Back From Iran-Spurred Gains
The U.S. dollar lost ground against most key rivals Tuesday, pulling away from gains notched after the U.S. and…
