Egyptian National Cement incurs $13m-losses by end-June
Egypt's National Cement Company (NCC) incurred net losses of 119.9 million Egyptian pounds (US$13.5 million) during…
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Losses
Middle East Glass Q1 losses 547% higher
Egypt’s Middle East Glass Manufacturing (MEGM.CA) reported on Wednesday that its first quarter losses mounted by…
Oil prices reverse early losses, but glut worries cap gains
Crude prices reversed early losses on Monday as the dollar lost its momentum, but persistent concerns over a global…
Wall Street slips in wake of comments by top Fed officials
U.S. stocks ended modestly lower after a volatile session on Friday, having bounced between gains and losses as…
Sawiris’ OTMT turns into losses in Q2
Orascom Telecom Media and Technology Holding (OTMT.CA), which is owned by Egyptian tycoon Naguib Sawiris, turned…
Orascom Development incurs losses of $18mn in Q2
Egypt's premier new home and touristic real estate developers, Orascom Development Holding turned a 168 million…
Asian shares retreat as oil slips; yuan pulls peers higher
Asian shares fell on Thursday, reversing recent gains following losses on Wall Street, though regional currencies…
Tech shares and muted GDP growth push S&P 500 to record
Wall Street rose on Friday, with the S&P 500 index hitting a record intraday high for the seventh time this…
Orange Egypt narrows losses by 53.8% in Q2
Mobile operator, Orange Egypt said its second quarter unaudited consolidated financial results reflected a decline…
Oil rises after big losses; glut concerns likely to persist
Crude prices rose on Thursday to recoup some of their big losses from the previous session, but gains are likely to…
