Egypt Bourse Struggles Under Heavy Hand Of Government
Egyptian fund manager Mohamed Ayad watched his clients lose money for months until he himself became a victim of…
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OCI
EGX 30 Ends Above 5235 Pts, Market Awaits IMF Accord, OCI Tax Clues
The Egyptian Exchange (EGX) has pared its midday gains driven by the foreign selling pressures. The EGX has gains…
OCI Says Reaches ‘Advanced Stage’ In Talks With Egypt Tax
Orascom Construction Industries (OCIC.CA) announced that it has reached an advanced stage with Egyptian Tax…
EGX 30 Rises 0.71% In Week, IMF Talks Still Muddling On
In a week, the Egyptian Exchange has incurred losses of EGP 128 million driven by the profit-taking transactions…
EGX 30 Crosses 5300 Level Amid OCI Tax Settlement Optimisms; Closing
The Egyptian Exchange (EGX) has ended Sunday’s session posting gains of EGP 3 billion powered by investors’…
Orascom Construction Sees Tax Settlement Agreement This Week
Omar Derwaza - Head of Investor Relations at Orascom Construction Industries – announced that the ongoing…
Orascom Construction Offers US$350 Mln First Installment For Egypt Tax
Orascom Construction Industries (OCIC.CA) is offering to pay US$ 350 million as a first installment seeking to…
Aqualia, OCI Seek To Win Kuwait Contract Worth US$3.5 Bln
Madrid-based company Aqualia, FCC's water management subsidiary, in partnership with Orascom Construction…
Orascom Telecom Bid Fails To Buoy Disillusioned Egypt Market
A buyout offer for Orascom Telecom Holding (ORTE.CA), Egypt's second-largest listed company, failed to buoy a…
Driven By Political & Market Instability, EGX 30 Dives 6.66% In Q1/13
During the first quarter of 2013, the Egyptian Exchange has incurred losses of EGP 20 billion as the capital market…
