Ahmed Heikal Denies Food Market Monopoly
Dr. Ahmed Heikal, Citadel Capital Founder and Chairman, had denied monopolizing the food market in Egypt. “Egypt’s…
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Indices News
Beltone Financial To Hold Its Annual Investment Conference Nest Week
Under the auspices of Egypt’s Prime Minister Dr. Hisham Kandil, Beltone Financial Holding (BTFH.CA) is organizing…
KIMA’s Net Profit 74.4% Up; FY2011/12
Egyptian Chemical Industries – KIMA (EGCH.CA) reported Tuesday a net profit of EGP 129.643 million through the…
Orascom Telecom Says Net Profit 81% Down; H1
Orascom Telecom Holding – (OTH) (ORTE.CA) reported a net profit of EGP 919 million during the first half of 2012,…
Expectations Grow On Yen Intervention
Ben Bernanke's decision to launch another multibillion-dollar round of asset purchases to revive the US economy has…
Orascom Development Sells All Remaining Apartments In The Chedi Andermatt
The Chedi Andermatt is Orascom Development Holding AG's (ODHN) first hotel complex in Switzerland which it is…
Gold Futures Decline, Analyst Cites Profit Taking
Gold futures fell in Asian trading hours on Tuesday, with the December contract down $13.30 at $1,757.30 an ounce.…
Oil Firms, Bank Pressure Europe Stocks
Oil majors pressured European stock markets on Tuesday as crude prices moved lower, while heavyweight banks…
Vodafone Drags FTSE 100 Lower; Unilever Rises
The FTSE 100 index moved lower on Monday, as shares in Vodafone Group PLC and mining stocks added pressure, while…
Oil Price Near Four-Month High After Fed Move
Oil prices rose for the eighth session in a row, with Brent crude trading near a four-month high, boosted by the…