OT says Algeria hasn’t frozen Djezzy accounts
Orascom Telecom said the Algerian central bank has not frozen its local…
OCI fertilizer unit raises €175 mln financing
Orascom Construction Industries (OCI) said on Tuesday its Dutch unit OCI Nitrogen…
Misr Cement Qena posts 14 pct H1 net rise
Net profit at Egypt's Misr Cement Qena, which has been boosting capacity…
Kuwait’s IIG to halt 2009 dividend
MANAMA: Kuwait's International Investment Group (IIG) the investment house in the midst…
Kuwait Oil Co awards Petrofac $430 mln contract
KUWAIT: Kuwait Oil Company said on Wednesday it has awarded Petrofac Ltd…
Middle East Crude Watch-Brent/Dubai EFS jumps to 20-mth high
SINGAPORE: Front-month Brent/Dubai Exchange of Futures for Swaps (EFS) for September jumped…
Egypt signs free-trade deal with Mercosur bloc
SAN JUAN: Mercosur, a South American trade bloc that groups big agricultural…
EFG-Hermes sees pound at 5.65/dollar by end-2010
EFG-Hermes revised its year-end forecast for the Egyptian pound to 5.65 against…
Alex Cement H1 net profit rises 13 pct
Egypt's Alexandria Cement posted a 13 percent gain in first-half net profit,…
Orascom in Algeria equipment import block
ALGIERS: Orascom Telecom's Algerian unit has been blocked from importing new mobile…