EGX EGX 30 Falls Below 5260Pts Amid Sawiris Travel Ban Repercussions; Midday Yomna Yasser Mar 5, 2013 0 The Egyptian Exchange has incurred midday losses of EGP 4.9 billion on Tuesday driven by foreign selling pressures…
Indices news The Sawiris Travel Ban; Latest Blow To Business Confidence in Egypt Yomna Yasser Mar 5, 2013 0 Egypt's bourse suffered its biggest one-day loss in three months on Monday after the chief executive of its largest…
EGX EGX 30 Dives 2.30%, Ends Monday Below 5380 Pts Yomna Yasser Mar 4, 2013 0 The Egyptian Exchange (EGX) has ended Monday’s session incurring substantial losses of EGP 7.18 billion driven by…
Indices news Sarie Eldin Says ‘Surprised’ By OCI Officials’ Travel Ban As Talks Still Ongoing Yomna Yasser Mar 4, 2013 0 Dr. Hani Sarie Eldin - the legal counsel for Orascom Construction Industries (OCIC.CA), said he was “surprised” by…
EGX EGX 30 Opens Below 5455 Pts, OCI Falls 1.61% Amid CEO’s Travel Ban Yomna Yasser Mar 4, 2013 0 The Egyptian Exchange has opened Monday’s session incurring losses of EGP 2.3 billion driven by foreign sellers.…
Indices news Egypt’s Prosecutor-General Issues Travel Ban For The Sawiris Yomna Yasser Mar 4, 2013 0 The measure against the two business tycoons, Onsi and Nassef Sawiris, is part of the prosecution's investigation…
Indices news Orascom Construction Says Didn’t Get New Tax Claim Amid CEO Ban Administrator Mar 4, 2013 0 Orascom Construction Industries, (OCIC) the company transferring its stock listing to Amsterdam from Cairo, said it…
EGX OCI Share Deal Faces Delays As Egypt Queries Plan Yomna Yasser Feb 21, 2013 0 A deal that would see Bill Gates and other U.S. investors inject $1 billion in fertilizer and construction firm OCI…
Indices news Iowa Unaware Of Fraud Suit Against OCI – AP Yomna Yasser Feb 17, 2013 0 State and local officials promised an Egyptian company $200 million in tax breaks to build a fertilizer plant in…
EGX EGX Losses EGP 4.7 Bln, Benchmark Falls 1.45% In Week Yomna Yasser Feb 2, 2013 0 The Egyptian Exchange has managed to post losses of EGP 4.76 billion in week amid witnessing rising tide of…