Euro Inches Up On Dollar Before ECB Meet
The euro edged higher against the U.S. dollar as the markets watched out for the European Central Bank to announce…
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Indices News
Oil Futures Inch Lower Ahead Of ECB Meet
Crude-oil futures inched slightly lower in a choppy electronic-trading session on Thursday, as traders eyed the…
Centamin Egypt’s Losses Amount To EGP 120 mln
The crisis of Centamin Egypt, which has the franchise of extracting gold from Alsukari mine, became critical after…
Mona Zulficar: EFG-Hermes To Reconvene Within Week Upon EFSA’s Request
Mona Zulficar, EFG-Hermes Board of Directors chairperson, has asserted that signing the joint venture deal with…
ELMACO Achieves EGP 9 mln in H1 of 2012
El Nasr Transformers And Electrical Products "ELMACO" (NASR.CA) achieved net profits EGP 9 million, compared…
Hermes Says OTH Likely To Post EGP 95 Mln Q2 Profits
EFG-Hermes Holding expected Orascom Telecom Holding (OTH) (ORTE.CA) to post EGP 95 million net profit for Q2/2012,…
Hermes Recommends ‘Neutral’ On Crédit Agricole Egypt Stock
EFG-Hermes issued a report on Crédit Agricole Egypt Bank (CIEB.CA), with a “Neutral” rating on the stock. Hermes…
Sawiris Denies Any Financial Dealings With Palestinian Officials
Egyptian Business tycoon Naguib Sawiris denied any financial dealing with Mohammed Rashid, the advisor of late…
Gold Ticks Higher Ahead Of Fed Decision
Benchmark gold futures edged higher during Asian trading hours Tuesday, with investors awaiting a policy decision…
Dollar Eases Back Ahead Of Fed
The dollar eased back against major rivals in Asian trading hours on Tuesday, with the American central bank set to…