Sawiris Family, Abraaj Capital To Abstain From Voting In OCI’s Coming AGM
Orascom Construction Industries (OCIC.CA) confirmed on Monday that Sawiris Family and Abraaj Capital, the…
Browsing Tag
Indices News
Gold Edges Higher As Dollar Weakens
Gold futures edged higher in electronic trading Monday, along with most of the metals complex, gaining traction…
OCI NV Confirms Acceptances Of 97.2 % Of GDRs Holders To Exchange Offer
OCI N.V. announced that shareholders, including the Sawiris family and Abraaj Capital, holding a total of…
EFG-Hermes Says Still Completing Documents For Official Approvals On QInvest Deal
EFG-Hermes Holding (HRHO.CA), Egypt’s biggest investment bank, asserted that it is still completing the necessary…
Gold Futures Inch Higher Ahead Of ECB
Gold futures inched higher in Asia trading hours on Thursday, extending an advance made from the previous session,…
Yen Slides Toward Three-Year Lows Vs. Dollar, Euro
The yen raced toward three-year lows against the U.S. dollar on Wednesday as expectations that Japan will pursue…
Talks Between Egypt’s Transport Ministry, Mashreq Still Ongoing; Citadel Says
Citadel Capital (CCAP.CA), Egypt’s biggest publicly traded private-equity firm, has asserted the negotiations are…
Egypt’s Mobinil Denies News On Investing EGP 2.5 Bln In 2013
The Egyptian Company for Mobile Services (Mobinil) (EMOB.CA) has denied news about planning to inject fresh…
Dollar Pulls Higher As Euro Worries Return
The U.S. dollar marched higher in Asia Tuesday as political uncertainty in Spain and Italy rekindled fears about…
Gold Futures Edge Higher To Extend Gains
Gold futures ticked higher Monday, with some analysts suggesting that gold demand will improve ahead of the…