EFG Hermes Holdings SAE (HRHO.CA)
18 Oct 2018
DUBAI, Oct 14 Saudi Arabia's shares plunged as much as 7 percent on Sunday as investors worried about deteriorating relations with the international community after the disappearance of Saudi journalist Jamal Khashoggi.
Oct 9 Most major Gulf stock markets moved little on Tuesday with Saudi Arabia pressured by banking stocks, while Egypt was marginally lower after plunging to a 12-month low on Monday as margin calls hit local investors.
* EFG hopes to complete deal to buy Primera Africa next month
DUBAI, Oct 9 Egyptian investment bank EFG Hermes reiterated it is in talks to acquire a Nigerian brokerage and chasing private sector initial public offerings, co-head of investment banking Mohamed Fahmi said.
CAIRO, Oct 8 Egyptian construction and engineering group Hassan Allam said on Monday that it would float up to 44.3 percent of its shares on the Egyptian Exchange and the London Stock Exchange.
CAIRO An Egyptian court on Thursday freed on bail the sons of ousted President Hosni Mubarak and others accused of illicit share trading, whose arrest last week was cited as one reason for a sharp drop in the stock market.
CAIRO, Sept 20 An Egyptian court on Thursday freed on bail the sons of ousted President Hosni Mubarak and others accused of illicit share trading, whose arrest last week was cited as one reason for a sharp drop in the stock market.
* Emerging market jitters, currency and interest rate fears cited
CAIRO, Sept 15 An Egyptian criminal court ordered the arrest of ousted President Hosni Mubarak's two sons on charges of stock market manipulation, state news agency MENA reported Saturday.
CAIRO, Sept 6 Egypt will launch its programme for offering shares in state companies by offering a 4.5 percent stake in its top cigarette maker Eastern Company, the finance ministry said in a statement on Thursday.