MERIS Downgrades Mobinil’s Bond Rating To ‘A-‘
Middle East Rating & Investors service (MERIS) said on Monday it revised in July, 2012 the national scale…
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Indices News
Citadel Capital’s ANCC Hosts New Minya Governor
The new Governor of Minya, Dr. Moustafa Kamel Eissa visited ASEC Cement’s US$ 360 million, 2.0 MPTA greenfield…
Tax Authority In Talks With OCI To Repay EGP 2 Bln
The Egyptian Tax Authority (TA) and Orascom Construction Industries – OCI (OCIC.CA) have agreed in principle during…
Oil Near $85, Before U.S. Vote And China Parley
Crude-oil futures rose gently Monday as traders continued to assess energy demand following Hurricane Sandy and…
OCI Says Still Seeking Agreement With Tax Authority
Omar Derwaza - Head of Investor Relations at Orascom Construction Industries - said OCI is still in holds…
Citadel Capital Starts Trial Operation of ANCC’s New Plant In Minya
Egyptian private equity firm Citadel Capital (CCAP.CA) announced on Monday the start of pilot operation at the Arab…
Gold Edges Higher As Dollar Retreats
Gold futures edged higher to recover a fraction of recently-lost ground during Asian trading hours Monday, with a…
Tax Authority Starts OCI’s EGP 14 Bln Tax Fraud Investigations
Senior sources from Egypt’s Finance Ministry told Amwal Al Ghad that the Head of Tax Authority has met on Sunday…
Raya Holding Owns 4.000 Accredited Distributors, Mulls Further Expansions,
Raya Holding for Technology and Communications (RAYA.CA) said its distribution points have reached about 40 offices…
El Sewedy Electric Denies Exit From Syrian Market
El Sewedy Electric (SWDY.CA), the Arab world's biggest listed cable maker, has negated on Sunday that it…