Indices news OTMT Funds Kempinski To Run World’s Tallest Hotel In North Korea Yomna Yasser Nov 1, 2012 0 The world’s tallest hotel will open next year in the North Korean capital of Pyongyang as the impoverished…
forex news Sawiris Acquires 40% of Sudanese Ariab Mining Yomna Yasser Sep 20, 2012 0 The Sudanese Mining Ministry announced on Thursday that the Egyptian tycoon Naguib Sawiris has seized the French…
Tech news Sawiris Appointed La Mancha Chairman Amwal Al Ghad English Aug 30, 2012 0 Canada-based La Mancha Resources Inc. announced that, following the satisfaction of all conditions to the offer by…
EGX Agro Corp Holds Talks On Offshore Fund’s Investment Policy Yomna Yasser Aug 22, 2012 0 Agro Corp Private Equity is currently holding talks with a number of investors and firms so as to define the…
Indices news Weather Investments II Exits VimpelCom, Settles Its Debt Yomna Yasser Aug 16, 2012 0 Weather Investments II (“Weather”), an investment firm led by entrepreneur Naguib Sawiris, announced Thursday that…
EGX EGX 30 0.85% Up, EFG-Hermes Soars 3.18%; Thursday Closing Yomna Yasser Aug 16, 2012 0 During Thursday closing session, the Egyptian Exchange (EGX) has extended posting gains to EGP 2.83 billion as the…
Industry & Trade Telenor to Lift Stake in Vimpelcom in Options Deal Yomna Yasser Aug 16, 2012 0 Telecoms firm Telenor will purchase another 3.5 percent of Vimpelcom after Egyptian tycoon Naguib Sawiris' Weather…
Indices news Orascom Telecom Swings To Quarterly Profit Amwal Al Ghad English Aug 15, 2012 0 Egypt-based Orascom Telecom Holding (OTH) (ORTE) reported second-quarter net profit of $27 million on Tuesday,…
EGX EGX 30 Falls 0.57%; Sinai Attacks Repercussions Week Yomna Yasser Aug 9, 2012 0 Egyptian Exchange benchmark EGX 30 index edged 0.57 % lower this week, representing a retreat of 28.46 points,…
Indices news Algeria Mulls Officially Throw Over Djezzy Purchase: Sources Yomna Yasser Aug 6, 2012 0 Close sources from the Algerian Finance Ministry revealed that the government is about to officially throw over the…