EGX Orascom Buyout Battle Scars Egypt Stock Mkt Yomna Yasser Mar 14, 2013 0 A regulatory battle over an offer to buy out shareholders in Orascom Construction Industries (OCIC.CA) may inflict…
EGX EGX 30 Opens Above 5400 Pts Backed By Arab Buyers; OTMT Ups 1.33% Yomna Yasser Mar 11, 2013 0 The Egyptian Exchange has opened Monday’s sessions posting gains of EGP 848 million backed by Arab buyers. The…
EGX EGX 30 Sinks Again 2.25% In Week Driven By Political Instability Yomna Yasser Mar 9, 2013 0 In a week, the Egyptian Exchange has incurred losses of EGP 6.9 billion driven by the country’s unstable political…
EGX EGX 30 Ends This Week 1.95% Up Powered By Dispute End Optimisms Yomna Yasser Mar 7, 2013 0 The Egyptian Exchange (EGX) has ended this week posting gains of EGP 4.27 billion backed by foreign buyers amid the…
Egypt News Billionaire Sawiris Says Climate In Egypt Deters Investors Yomna Yasser Mar 7, 2013 0 Egyptian billionaire Naguib Sawiris said a “police environment” in Egypt discourages investors, and vowed to return…
EGX EGX 30 Ends Above 5260 Pts, EFG-Hermes Climbs 0.97% Amid CEO’s Remarks Yomna Yasser Mar 6, 2013 0 The Egyptian Exchange (EGX) has pared its midday gains to eventually reach EGP 993 million during Wednesday’s…
Indices news OCI To Discuss Alleged Tax Claim With Egyptian Tax Authority By March 10 Yomna Yasser Mar 6, 2013 0 OCI N.V.’s subsidiary, Orascom Construction Industries (OCI) (OCIC.CA), announced today that it has received…
Indices news OCI Workers Stage Sit-In Against Arbitrary Actions Towards The Sawiris Yomna Yasser Mar 6, 2013 0 Workers at Orascom Construction Industries (OCI.CA) have staged a sit-in on Wednesday morning outside the company’s…
EGX Sawiris Travel Ban Further Drags EGX 30 Down Below 5245Pts; Closing Yomna Yasser Mar 5, 2013 0 The Egyptian Exchange (EGX) has ended Tuesday’s session incurring substantial losses of EGP 5.2 billion driven by…
EGX Egypt Sets Limits On Share Transfers Of Local Stocks Yomna Yasser Mar 5, 2013 0 Egypt has set limits on the amount of shares local companies can transfer into internationally-traded global…