EFG-Hermes Named ‘Best MENA Asset Manager Of The Year’
EFG-Hermes (HRHO.CA), the leading investment bank in the Arab world, is named “Best MENA Asset Manager of the Year”…
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Dollar Soars, Stocks Set New Highs On Fed Stimulus Exit Talk
The U.S. dollar soared against major currencies on Friday on growing speculation that the Federal Reserve could…
Egypt’s GB Auto Boosted By Record Sales Revenues
Egyptian vehicle assembler and distributor GB Auto said on Thursday that its first quarter net income surged 160.1…
Dollar Holds Steady With Wave Of U.S. Data On Deck
The dollar held largely steady Thursday ahead of a raft of data that could offer further evidence on whether an…
Oil Prices Lose Grip Of Gains Ahead Of U.S. Data
Benchmark U.S. crude-oil futures fell Thursday, retreating from gains that were earlier ushered in by an unexpected…
Euro Slips On Euro Zone First Quarter GDP Fall, Shares Rise
The euro hit a six-week low against the dollar on Wednesday after data showing the euro zone economy contracted…
Egypt’s Maridive Chairman Passed Away
Egypt's Maridive and Oil Services (MOIL.CA), the biggest oil services company by fleet size in the Middle…
Egypt’s EFG-Hermes Says To Raise Capital Via Bonus Shares
EFG Hermes (HRHO.CA), Egypt's biggest investment bank, is seeking to raise its capital to 2.87 billion Egyptian…
Orascom Construction Dutch Unit Lowers Bid Price To EGP 255/Share
OCI N.V. has confirmed its commitment to its mandatory tender offer submitted to Egypt’s financial regulator – the…
Dollar Dips Vs. Yen; Euro Higher Ahead Of Data
The U.S. dollar pulled lower Tuesday, edging back from gains against Japan’s yen, and softening against the euro…