10 Wealthiest People in the World under 40
The richest 30-year-old on the planet has five times the net worth of the second wealthiest person under 40. It…
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Planet
EGX 30 Surges 2.2%; Morsi’s China, Iran Visit Week
Egyptian Exchange benchmark EGX 30 index rose by 2.23 % this week, representing an increase of 116.6 points, ending…
EGX 30 Opens 0.04% Higher, OTMT 8.77%
During Thursday opening session, the Egyptian Exchange (EGX) has posted early gains of EGP 734 million as the…
EGX 30 Falls 0.32%, OTMT 1.72% Down; Wednesday Closing
During Wednesday closing session, the Egyptian Exchange (EGX) has extended posting losses to eventually reach EGP…
EGX 30 Tumbles 0.08%, OTMT 8.62% Down; Early Wednesday
During Wednesday opening session, the Egyptian Exchange (EGX) has posted early losses of EGP 316 million as the…
EGX 30 Ends Above 5325 Pts, Citadel Capital 2.13% Up; Tuesday
During Tuesday closing session, the Egyptian Exchange (EGX) has extended its early gains to eventually reach EGP…
Mona Zulficar: EFG-Hermes To Reconvene Within Week Upon EFSA’s Request
Mona Zulficar, EFG-Hermes Board of Directors chairperson, has asserted that signing the joint venture deal with…
Mona Zulficar: EFSA Disclosures Not To Affect QInvest Deal
Mona Zulficar, EFG-Hermes Board of Directors chairperson, said Hermes BOD has not discussed dividend distribution…
EGX 30 Falls 0.38%, EFG-Hermes 1.13% Down; Monday Opening
During Monday opening session, the Egyptian Exchange (EGX) has posted early losses of EGP 501 million as the…
Mona Zulficar: Hermes-QInvest Deal Not Suspended, But Additional Disclosures Are Required
Following the Egyptian financial regulator’s call for additional disclosures related to minority shareholders,…
EGX30 Falls 0.43%. OTMT 9.80% Up; Early Wednesday
The Egyptian Exchange (EGX) has posted early losses of EGP 1.06 billion as the capital market has reached EGP…
EGX 30 Nears 5000 Pts, OTH 7.57% Up As President Takes Office; Closing
As the newly elected President Mohamed Morsi assumed office during the weekend, the Egyptian Exchange (EGX) posted…
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…
EFSA: Planet Did Not Submit Buyout Offer of EFG-Hermes
The Egyptian Financial Supervisory Authority (EFSA) has asserted that it had not received any buyout offers for any…
War Of Statements Erupts, Planet Seeks Further Details Of QInvest Deal
Planet IB Consortium has unofficially asked EFG-Hermes Holding (HRHO.CA) to submit a detailed letter regarding…
Sawiris To Drop Support For Planet Buyout: EFG-Hermes Source
Egyptian billionaire Naguib Sawiris will drop out of a buy-out consortium targeting investment bank EFG Hermes…