Citigroup cuts Air Arabia price target
Citigroup cut its share price target and earnings estimates for UAE-based budget…
Sawiris, Vimpelcom close to signing term sheet-report
Telecoms group Vimpelcom Ltd and Egyptian tycoon Naguib Sawiris are close to…
NBD first-half net loss widens 4.7 pct
The National Bank for Development (NBD) said its net loss widened 4.7…
Orascom Devt first-half net profit drops 9 pct
Egypt's Orascom Development posted a 9 percent decline in first-half net profit…
Egypt’s Raya H1 profit rises to $3.6 mln
CAIRO: Egypt's Raya Holding, a technology firm, made a net profit of…
Egypt’s Olympic H1 net profit rises to $15.7 mln
CAIRO: Egyptian appliance maker Olympic Group posted a 10.8 percent rise in…
Egypt 91-day T-bills average yield up at 9.708 pct
CAIRO: The average yield on Egyptian 91-day Treasury bills rose to 9.708…
Egypt 182-day T-bills yield down to 10.108 pct
CAIRO: The average yield on Egyptian 182-day Treasury bills dipped to 10.108…
Egypt’s OCI wins contract for Red Sea power plant
CAIRO: Egypt's Orascom Construction Industries (OCI) said on Monday it had won…
Orascom Development to invest 100 mln stg in eco town, says paper
CAIRO: Egyptian-owned Orascom Development is preparing to inject £100 million ($156 million)…