EGX 30 Soars 5.11% This Week As New President Takes Office
Egyptian Exchange benchmark EGX30 index jumped 5.11 % this week, representing an increase of 240.98 points, ending…
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Planet IB
Planet Secured Less Than 2.5% of EFG Main Shareholders: Official
An attempt by a group of Egyptian and Arab Gulf investors to buy the Middle East's biggest home-grown investment…
EGX Main Index Soars 16.8% This Week Amid Morsi’s Victory
Egyptian Exchange’s benchmark EGX30 index jumped 16.79 % this week, representing an increase of 676.99 points,…
Planet’s Buyout Deal Is Just A ‘Hoax’, Propaganda
The Egyptian market witnessed a series of heated arguments broke out between EFG-Hermes Holding (HRHO.CA) and…
Planet Not To Go On Hermes Buyout Deal: CEO
Planet IB has closed EFG-Hermes (HRHO.CA) acquisition file after Egyptian Financial Supervisory Authority (EFSA)…
EGX 30 Retreats 8.7% In Week On Runoff Uncertain Results
Egyptian exchange main index EGX30 index sunk by 8.76 % this week, representing a retreat of 387.44 points, ending…
EGX30 Falls 1.57% In Week Amid Political Instability, Big Events
Egyptian Exchange (EGX) benchmark EGX30 index dipped by 1.57 % this week, representing a retreat of 70.51 points,…
AAIB Initially Approves To Finance Planet-Hermes Buyout Deal
Planet IB Consortium has gained an initial approval of Arab African International Bank (AAIB) to arrange a loan to…
Planet Deal Serious, EFG-Hermes Showed No Interest: Al-Housseiny
Planet IB stated that it is ready to submit copies of investors’ letters of approvals to offer capital investments…
QInvest Deal Is Legally Binding: EFG-Hermes
A tie-up between Egyptian investment bank EFG Hermes (HRHO.CA) and Qatar's QInvest, approved by EFG shareholders on…
