Pyramids Capital Seeks EFSA’s Approval For Margin Buying
The Board of Directors of Pyramids Capital Securities Brokerage (NOUR.CA) decided Thursday to undertake margin…
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Indices News
EFG To Sell Qinvest Joint Venture Stake Next Year, Arqaam Says
EFG-Hermes Holding (HRHO.CA) will sell its 40 per cent stake next year in the investment bank it is forming with…
Lecico Says $ 7.5 Mln New Tile Plant Line To Begin Operations In Q2/13
Lecico Egypt’s (LCSW.CA) board of directors has approved a plan to build the second phase of its tile plant in…
Dollar Slips Back In Asia Trading Hours
The dollar slipped against rivals on Thursday, but remained above the 80-point mark after a downgrade of Spanish…
El Sewedy Electrometer Mulls Acquisition On State-owned Electricity Firm In Africa
El Sewedy Electrometer Egypt S.A.E announced Wednesday that it is considering to make an acquisition on a…
GB Auto Says CEO’s Wife To Sell 10 Mln Shares To Sons
GB Auto (AUTO.CA) announced that Ola Lotfy Zaki Wahba, the wife of the company’s CEO Raouf Ghabbour, plans to sell…
OCI Wins EGP 532 Construction Contract At Hurghada International Airport
Orascom Construction Industries (OCI) (OCIC.CA) announced Wednesday that it has been awarded a EGP 532 million (US$…
Egypt Regulator To Decide Next Week On EFG, QInvest Tie-Up
Egypt's financial regulator said on Wednesday it would decide next week on whether to approve plans by Egypt's…
Derwaza: Tax Authority Requested Meeting With OCI Officials
Commenting on the news published by Amwal Al Ghad, Omar Derwaza - Head of Investor Relations at Orascom…
Taxes Authority To Probe OCI’s EGP 14 Bln Tax Fraud
The Egyptian Tax Authority has decided to call the Egyptian tycoon Onsi Sawiris and his son Nassif Sawiris to start…