IGA Is Delaying EFG Hermes-QInvest Deal; Sources
The Egyptian Illicit Gains Authority (IGA) has sent a notice to Egypt’s financial regulator (FSA) asking not to…
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Dollar Hesitates With ¥100 Level In Sight
Japan’s currency gained modestly against the U.S. dollar Wednesday, with the greenback taking a breather on its…
Oil Prices Fall As Weekly Crude Supplies Jumpa
Crude-oil futures fell in electronic trading Wednesday, with a jump in weekly crude supplies adding to concerns…
Gold Prices Pull Back After Advances
Gold futures edged lower in electronic trade Wednesday, stepping back slightly from their strongest level since the…
Egypt’s Beltone: EGP32 Bln AUM In 2012, ETFs Launch Within Days
Beltone Financial (BTFH.CA) has reported on Tuesday total volume of assets under management (AUM) around EGP…
Citadel Capital Participates In Panel On Alternative Methods of Investments At AVCA…
Citadel Capital (CCAP.CA on the EGX), the leading investment company in Africa and the Middle East with US$ 9.5…
Yen Slumps As Japan Launches Stimulus
Japan’s currency fell Tuesday, struggling at four-year lows against the U.S. dollar as it extended its dive in the…
Oil Adds To Gains As Dollar Falls Vs. Euro
Crude-oil futures rose in electronic trade Tuesday, with weakness in the U.S. dollar and benign inflation data from…
Gold Prices Move Higher As Dollar Softens
Gold futures rose in electronic trade Tuesday, with a decline in the U.S. dollar aiding the precious metal’s price…
EFG-Hermes: QInvest Deal Threatened By Egypt Regulator Approval Delay
EFG Hermes (HRHO.CA) said on Sunday it was still waiting for approval from Egyptian regulators for a deal with…