A regulatory battle over an offer to buy out shareholders in Orascom Construction Industries (OCIC.CA) may inflict …
Tag:
Nassef Sawiris
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EGX
EGX 30 Opens Above 5400 Pts Backed By Arab Buyers; OTMT Ups 1.33%
by Yomna Yasserby Yomna YasserThe Egyptian Exchange has opened Monday’s sessions posting gains of EGP 848 million backed by Arab buyers. …
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EGX
EGX 30 Sinks Again 2.25% In Week Driven By Political Instability
by Yomna Yasserby Yomna YasserIn a week, the Egyptian Exchange has incurred losses of EGP 6.9 billion driven by the country’s …
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The Egyptian Exchange (EGX) has ended this week posting gains of EGP 4.27 billion backed by foreign …
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Egypt News
Billionaire Sawiris Says Climate In Egypt Deters Investors
by Yomna Yasserby Yomna YasserEgyptian billionaire Naguib Sawiris said a “police environment” in Egypt discourages investors, and vowed to return to …
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EGX
EGX 30 Ends Above 5260 Pts, EFG-Hermes Climbs 0.97% Amid CEO’s Remarks
by Yomna Yasserby Yomna YasserThe Egyptian Exchange (EGX) has pared its midday gains to eventually reach EGP 993 million during Wednesday’s …
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Indices news
OCI To Discuss Alleged Tax Claim With Egyptian Tax Authority By March 10
by Yomna Yasserby Yomna YasserOCI N.V.’s subsidiary, Orascom Construction Industries (OCI) (OCIC.CA), announced today that it has received notification from the …
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Indices news
OCI Workers Stage Sit-In Against Arbitrary Actions Towards The Sawiris
by Yomna Yasserby Yomna YasserWorkers at Orascom Construction Industries (OCI.CA) have staged a sit-in on Wednesday morning outside the company’s head …
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EGX
Sawiris Travel Ban Further Drags EGX 30 Down Below 5245Pts; Closing
by Yomna Yasserby Yomna YasserThe Egyptian Exchange (EGX) has ended Tuesday’s session incurring substantial losses of EGP 5.2 billion driven by …
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Egypt has set limits on the amount of shares local companies can transfer into internationally-traded global depository …