China’s volatile shares tumbled again on Thursday, taking losses this month to about 25 percent or 13 …
Losses
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A plunge in Chinese share markets capped a miserable day for Asian equities on Tuesday, with a …
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Industry & Trade
Solb Misr incurs $64mn losses, delays trading in EGX until 2017
by Noha Gadby Noha GadEgyptian steel group Solb Misr has incurred losses estimated at 500 million Egyptian pounds (US$63.8 million) in …
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Crude prices rose on Tuesday as Asian stock markets stabilized following heavy losses in the previous session, …
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Industry & Trade
Nassef Sawiris’ OCI turns to profitability in H1-2015
by Yomna Yasserby Yomna YasserOrascom Construction Industries (OCI), owned by Egyptian tycoon Nassef Sawiris, posted a first half net profit worth …
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Pacific Investment Management Co and other investors have sued Citigroup Inc over the bank’s alleged failure to …
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Asian stocks rose across the board on Tuesday following a surge on Wall Street overnight as investors …
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U.S. equity futures opened lower on Sunday, following coordinated attacks in Paris on Friday that killed more …
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Asian shares reversed earlier losses on Thursday as crude oil prices pulled away from their deep overnight …
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Over 17 hotels have shut down during the past nine months due to low number of tourists, …