Blom Egypt Sets Ezz Steel Price Target At EGP 10.27/Share, Hold Rating
Blom Egypt set, in a recent study, Ezz Steel (ESRS.CA) target price at EGP 10.27 per share with Hold recommendation…
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Indices News
OCI Reiterates Strong Legal Position On Tax Case
OCI N.V.’s subsidiary, Orascom Construction Industries (OCI) (OCIC.CA), in response to yesterday’s statement from…
Dollar Slips On Day Of Central-Bank Action
The U.S. dollar fell Thursday as markets digested or awaited key central bank decisions, with the British pound…
Gold Gains With Central Bank Meetings On Tap
Gold futures gained on Thursday, ahead of two central bank meetings in Europe that could see support for policy…
OCI To Discuss Alleged Tax Claim With Egyptian Tax Authority By March 10
OCI N.V.’s subsidiary, Orascom Construction Industries (OCI) (OCIC.CA), announced today that it has received…
OCI Workers Stage Sit-In Against Arbitrary Actions Towards The Sawiris
Workers at Orascom Construction Industries (OCI.CA) have staged a sit-in on Wednesday morning outside the company’s…
Orascom Telecom Q4/12 Net Loss Hits US$474 Mln
Orascom Telecom Holding S.A.E. (‘OTH’, or ‘the Group’) (ORTE.CA), a leading provider of mobile telecommunications…
Egypt’s Tax Chief Says There Are Still Chance To Reopen Talks With OCI
The Egyptian Tax Authority Chief Mamdouh Omar asserted on Tuesday that there is still a strong possibility of…
The Sawiris Travel Ban; Latest Blow To Business Confidence in Egypt
Egypt's bourse suffered its biggest one-day loss in three months on Monday after the chief executive of its largest…
U.S. Dollar Slips As Aussie Climbs On RBA’s Pause
The U.S. dollar fell against the euro Tuesday as investor appetite for risky assets improved, with the Australian…