Euro Hits 11-Month High On LTRO Paybacks
The euro notched an 11-month high versus the dollar Friday, as European banks prepared to pay back a…
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Algeria Violence Won’t Deter Citadel From Project: Heikal
Citadel Capital SAE (CCAP), Egypt’s biggest publicly traded private-equity firm, won’t back out of a project to…
OCI Drops On Concern Regulator To Stall Relocation
Orascom Construction Industries (OCIC.CA), Egypt’s biggest publicly traded company, fell the most in almost…
EFG-Hermes Says QInvest Takeover Delayed by Regulatory Process
EFG-Hermes Holding SAE (HRHO), Egypt’s biggest investment bank, said its sale to Qatar’s QInvest LLC has been…
Ahmed Heikal Named One of Africa’s Most Influential People in 2012
Pan-African current affairs magazine, New African, has named Ahmed Heikal one of the 100 Most Influential Africans…
OCI Denies Offering EGP14 Bln To End Tax Dispute As Talks Still Ongoing
Orascom Construction Industries - OCI - (OCIC.CA) denied allegations that the company offered to pay EGP 14 billion…
Oil Halts Advance Ahead Of Inventory Data
Benchmark crude-oil futures retreated modestly in electronic trade early Wednesday, paring their gains ahead of key…
Gold Futures Slip From One-Month Highs
Gold futures slipped marginally on Wednesday, moving off highs reached in the previous session, ahead of a vote to…
Euro Flat But May Soon Fall; Dollar Holds Steady
Major currencies stood their ground in early Wednesday trading, but with some analysts tipping upside for the…
OCI’s GDRs Offer To Hasten Demerger Process, Beneficial To Egypt Economy; Naeem
Naeem stated, in a recent report that, it sees Orascom Construction Industries (OCI)’s (OCIC.CA) move to…