Dollar Softens Ahead Of ECB Meeting
The dollar index fell back in Asian trading hours on Thursday, as Australian employment data prompted a bit of…
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Indices News
Egypt’s OCI Expands In US Fertilisers, Construction
Egypt's Orascom Construction Industries will build a $1.4 billion fertiliser plant in Iowa and is buying a U.S.…
NBK Capital Sets El Sewedy’s Fair Price At EGP 23, Recommends ‘Hold’
NBK Capital issued a report on El Sewedy Electric, fixing the stock's 12-month fair value at EGP 23.0 with 'Hold'…
Hermes Recommends “Buy” On Elsewedy
EFG-Hermes issued a report on Elsewedy Electric, defining the stock’s fair value at EGP 30, compared to its market…
El Sewedy Electric Signs $56 Mln Deal With Iraqi Electricity Ministry
Egypt's El Sewedy Electric (SWDY.CA) , the Arab world's biggest listed cable maker, has announced that it signed a…
OT Not To Resume Arbitration Procedures If Vimplecom Reaches Settlement
Orascom Telecom Holding (OTH) (ORTE.CA) announced that it will go on completing the necessary procedures to go for…
Prime Holdings Mulls Islamic Funds Inception By Q4
Prime Holdings and Investments (PRMH.CA) is studying the establishment of investment funds compliant with the…
KIMA To Sign USD444m Financing Facility This Month
Egyptian Chemical Industries (KGCH.CA), also referred to as KIMA , will sign a USD 444 million financing agreement…
Algeria Says Talks On Acquiring Vimpelcom Unit Continue
Algeria's finance minister denied speculation that its talks on acquiring a controlling stake in local mobile phone…
EFG-Hermes Ups NSBG’s FV At EGP 50 On QNB’s Buyout Deal
EFG-Hermes issued a report on National Societe Generale Bank (NSGB) (NSGB.CA) upping its fair value by 60% to hit…