News

Experts expects CASE to maintain uptrend, foreign buys boost leading stocks ( 5 Mar)
Mansour-Maghraby bids for 10% of Palm Hills at EGP 80.7 mln ( 5 Mar)
Fcasts: Egyptian Arab Land, Housing & Development merger by July-start ( 5 Mar)
EFG-Hermes sets Orascom Telecom fair value at EGP 106.2 ( 5 Mar)
Hisham T. Mostafa: SAR 11 bln to be injected in KSA, 18 hotels expected in Europe ( 5 Mar)
Cairo Poultry board recommends 50% dividend, 100% bonus shares ( 5 Mar)
Horus III Fund acquires 3 local companies, $555 mln deposits ( 5 Mar)
Foreign buys send CASE 30 1.61% up, Real Estate & Shipping stocks rally ( 4 Mar)
Prime sets CIB price target at EGP 104 ( 4 Mar)
Prime sets NSGB fair value at EGP 55 ( 4 Mar)
Ismailia Poultry buyout to be concluded next week ( 4 Mar)
Electrical Cables settles debts owed to Bank of Alexandria ( 4 Mar)
Mobinil secures EGP 2.2 bln mid-term loan ( 4 Mar)
National Bank for Development raises capital to EGP 2 bln ( 4 Mar)
EFG-Hermes sets EIPICO fair value at EGP 34.5 ( 4 Mar)
Arab, foreign sales push CASE 30 1.62% down on global bourses retreat ( 3 Mar)
Prime sets South Valley target price at EGP 23.5, forecasts EGP 560 mln profit in FY07 ( 3 Mar)
Delta Sugar profit grows 27% in FY07 ( 3 Mar)
Orascom Telecom agrees on $2.5 bln credit facility ( 3 Mar)
EFG-Hermes sets Telecom Egypt fair price at EGP 29.4 a share ( 3 Mar)
CASE 30 sheds 0.09%, Arab Cotton Ginning dominates 9.41% of trading value ( 2 Mar)
Metro sets Aracemco fair value at EGP 58.8 ( 2 Mar)
Oriental Weavers to build EGP 1.3 bln industrial complex in 10th of Ramadan ( 2 Mar)
El Sewedy awarded EGP 110 mln tender to supply El Tebbin power plant with cables ( 2 Mar)
Alexandria Real Estate consolidated profit soars 663.9% ( 2 Mar)
Hermes puts Crédit Agricole fair value at EGP 27.1, CIBC sets price target at EGP 31.2 ( 2 Mar)
SIDPEC to launch ethylene project 2nd phase at $700 mln ( 2 Mar)
EGYFERT OGM OKs coupon payment at 55 pts a share ( 2 Mar)
Postponing Upper Egypt EGM on lack of quorum ( 2 Mar)
Arab, foreign buys push CASE 30 to new record high by late trading ( 28 Feb)
EFG-Hermes sets Lecico fair price at EGP 72.2 ( 28 Feb)
Sawiris: Orascom Telecom to buy into Telekom Malaysia ( 28 Feb)
CMA approves Palm Hills 50-for-1 stock split ( 28 Feb)
HC sets Touristic Resorts target price at EGP 10.99 ( 28 Feb)
Listing Committee Oks converting 9.375% of Naeem shares to GDRs ( 28 Feb)
Orascom Construction posts EGP 66.6 bln non-consolidated profit for FY07 ( 28 Feb)
Cairo For Housing proposes 20 pt coupons ( 28 Feb)
EFG-Hermes sets CIB fair value at EGP 113.5 ( 28 Feb)
At today's close: CASE 30 down 0.97%, Upper Egypt Contracting top decliner ( 27 Feb)
Excluding CASE conversion into joint stock company ( 27 Feb)
Hermes FY07 profit rises on business restructuring ( 27 Feb)
Hermes proposed dividends: EGP 1 a share coupons ( 27 Feb)
82.5% growth in Hermes gains in 2007 ( 27 Feb)
OCI pumps EGP 450 mln into National Steel Fabrication ( 27 Feb)
March 2nd: Subscr iption to Egyptians Abroad uncovered shares opens ( 27 Feb)
Beltone sets EFIC fair value at EGP 260.16, forecasts EGP 288 mln profit in FY08 ( 27 Feb)
Amoun EGM OKs Amoun Distribution acquisition, merger with Mercury Egypt ( 26 Feb)
Amoun Pharmaceuticals OGM approves asset mortgage to AAIB ( 26 Feb)
Atheeb to vie for 2nd fixed-line license in Egypt ( 26 Feb)
Mokhtar Ibrahim lands EGP 750 mln UAE contract ( 26 Feb)