NYSE, Nasdaq to close on Jan. 9 in tribute to ex-president Jimmy Carter
The New York Stock Exchange (NYSE) and Nasdaq will suspend trading on January 9 to honour the passing of former US…
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Bitcoin soars as large players enter market
Bitcoin hit a two-year high on Tuesday due to major buying signals; it set itself up for its most potent two-day…
CIB Egypt fully acquires Mayfair Bank in Kenya for $40mln
Egypt's largest private bank, the Commercial International Bank (CIB-Egypt) has acquired the remaining 49 percent…
US markets closed lower as investors wait Fed’s Powell
New York stock exchange faltered on Monday with all three major indices ending with losses of about two percent or…
New York Stock Exchange to reopen on May 26, with temperature checks, face masks for…
The New York Stock Exchange (NYSE) is set to reopen on May 26, its President Stacey Cunningham announced on…
New York Stock Exchange stops all trading as market plunges 9.7 %
New York Stock Exchange halts tradings for 15 minutes after the Dow Jones fell 9.7 per cent – more than 2,250…
SEC rejects NYSE’s proposal to allow for fundraising in direct listings
The Securities and Exchange Commission (SEC) has rejected the New York Stock Exchange’s proposal to enable…
NYSE may allow companies to raise fresh capital in direct listings
The New York Stock Exchange (NYSE) is working on allowing companies to raise direct capitals in directing listing…
China’s Qudian could be the largest Chinese IPO in the US this year
Online micro-lending company Qudian is about to go public at the New York Stock Exchange (NYSE) Wednesday, and it…
NYSE sees double-digit Asian IPOs through 2017, with focus on tech
The New York Stock Exchange (NYSE) sees technology companies driving a revival in new Asian listings and expects…
U.S. stocks hold flat as investors get ready for jobs report
Stocks in Wall Street were little changed Thursday, with materials leading, as investors looked ahead for Friday's…
Dow briefly drops 100 points, Nasdaq off 1%, as stocks track global markets
U.S. stocks traded lower on Tuesday, following global stock markets lower, particularly in Japan and Europe. The…
U.S. stocks set for a comeback, or another blow?
The deep selling that has been synonymous with Wall Street in the new year became bad enough Wednesday to start…
NYSE shut down for nearly Four Hours by Technical Glitch
The New York Stock Exchange was forced to suspend trading for several hours on Wednesday in the biggest outage to…
Lukewarm Stock Market has Investors betwixt and between
Stock investors are expected to tread carefully next week, as speculation about the timing of a U.S. Federal…
Visa in Talks to buy Visa Europe for up to $20 billion: Bloomberg
Visa Inc (V.N) is in preliminary talks to buy former subsidiary Visa Europe Ltd, in a deal that could be valued at…
Egypt Bourse Winner of Most Innovative Stock Exchange for Year 2014
Egyptian stock Exchange has won the “Most Innovative African Stock Exchange of the year Award” by Africa investor…
Stocks Plunge: Dow down 265; Apple Sinks 3.8%
The stock market suffered its worst slide in nearly two months Thursday as the blue-chip Dow Jones industrial…
S&P 500 Up for First Week in Four in Dramatic Turnaround
U.S. stocks rallied on Friday, with Wall Street clearing weekly losses and posting its best two-day gain in four…
US Stocks Mixed in Volatile Trade after ADP; Fed Minutes Ahead
U.S. stocks fluctuated on Wednesday following the prior day's jump, with the ADP private-employment report…
Twitter Boost IPO Range to $23 to $25 Per Share
Twitter Inc on Monday boosted the price range for its initial public offering to $23 to $25 per share, as the…
Twitter Picks NYSE for IPO Even As Losses Widen
Twitter Inc revealed on Tuesday a tripling in quarterly losses as it prepares to list on the New York Stock…
OCI Partners LP Launches Initial Public Offering
OCI N.V. announced on Tuesday that its subsidiary, OCI Partners LP (the “Partnership”), has commenced an initial…
U.S. Stocks Fall As Fed Talks Timing of Taper
U.S. stocks extended losses into a second day Tuesday as Federal Reserve official Charles Evans said the economy…
OCI N.V. Successfully Acquires 97.44% of Egypt’s Orascom Construction
OCI N.V. announced on Sunday that as of the closing filings on 28 July 2013, OCI N.V. expects to own 97.44% of…
U.S. Stocks Leap as GDP Offsets Taper Talk
U.S. stocks jumped Wednesday, pulling benchmark indexes into positive terrain for the week, as a revision in…
Alex Ferguson Retires As Manchester United Manager
Ferguson, 71, will step down from the club at the end of the season, following the match against West Bromwich…
EGX30 Inches 0.5 % Higher In Week Ahead of January Revolt 2nd Anniversary
The Egyptian Exchange's benchmark EGX 30 index surged by 0.49 % this week, representing an increase of 27.98…
OCI NV To Present Clarifications On Share Exchange Offer Upon EFSA’s Request
In a release to the Egyptian Exchange on Tuesday, Orascom Construction Industries – OCI (OCIC.CA) said it OCI…
OCI’s Deal Does Not Represent Egyptian Market Exit; Says EFG-Hermes Official
Mona Zulficar, EFG Hermes’ Board of Directors Chairperson, has negated that Orascom Construction Industries…
OCI N.V. Launches Exchange Offer For Orascom Construction’s GDRs
Orascom Construction Industries (OCIC.CA) said OCI N.V. announced on Sunday it has launched an exchange offer to…
U.S. Stocks Rise Modestly After Data
U.S. stocks tallied mild gains on Wednesday as U.S. economic reports offered better-than-expected readings on the…
Beltone Financial To Hold Its Annual Investment Conference Nest Week
Under the auspices of Egypt’s Prime Minister Dr. Hisham Kandil, Beltone Financial Holding (BTFH.CA) is organizing…
Beltone Financial To Hold Its Annual Investment Conference On Sept 24th
Under the auspices of Egypt’s Prime Minister Dr. Hisham Qandil, Beltone Financial Holding (BTFH.CA) is organizing…
U.S. Shares Fall On European Concerns
U.S. shares declined Monday, with Wall Street pessimism growing on prospects of concrete results from a meeting of…
US Shares Soar Ahead of Fed Meeting
US Shares rose sharply Tuesday as the Federal Reserve began considering options that could lead to further moves to…
U.S. Shares Gains Fade As Greece In Mind
U.S. stock gains evaporated on Monday, as investors looked beyond Spain’s request for financial aid for its banks…
Nasdaq To Hand Out $40 Mln For Facbook IPO Losses
The Nasdaq stock exchange said Wednesday that it plans to hand out $40 million in cash and credit to reimburse…
U.S. Shares Slight Gains On ISM Services Index
U.S. shares tallied slight gains Tuesday, with the Dow industrials set to break a four-day losing streak, after a…
Facebook Picks Nasdaq Over NYSE For IPO
In preparation for its upcoming IPO, Facebook has chosen to list its shares on the Nasdaq stock exchange under…