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Monday, 29 November 2010
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Egypt's Citadel Capital looks for improvement in holdings
3Q losses force $4 billion private equity firm to review management strategies.
Maridive wins $150 million contract in India
The marine and petroleum services firm announced new $117 million contract
Oil approaches two-week high on Ireland rescue
EU's Ireland rescue pushes oil past $84 on Monday
Faisal Islamic Bank creates Egypt-based company with LE350 million capital
New company has authorised capital of LE1.5 billion
Bad loans will be history for Banque Misr in 2011
Egypt's number two bank covers its bad loans ahead of an Egyptian-Syrian joint venture set for 2011
Egypt's main stock index falls on election day
Egypt's EGX30 drops on news of marred elections
Fitch affirms Crédit Agricole Egypt’s long and short-term ratings
Crédit Agricole negative ratings affirmed, at AA and F1+
Egypt Hydrocarbon Corporation granted syndicated loan of $270 million
Banque Misr, CIB and Ahly United bank offer $270 million for ammonia nitrate plant
France Telecom interested in the Iraqi Market
France's leading Telecom operator announced it is considering investments in Iraq as part of strategy to increase revenue
Orascom Construction Industries’ net profit rose by 22 per cent
With net profits of $147.6m, OCI announced a 22 per cent increase compared to last year's third quarter.
OCI to build Palm Hills infrastructure
Egypt's Orascom Construction Industries (OCI) signed a deal with real estate developer Palm Hills. It will provide the developer with infrastructure and may undertake additional projects
Egypt's main index rebounds by 0.4%
After election day drop, EGX 30 gains a slight 0.4%, closing at 6816.29 points
Amer group shares debut in bourse on Tuesday
Investors are expected to sweep up shares of Amer Group when trading begins Tuesday
Rachid: Middle east duty-free shops 6.7% of global market
Middle East duty free sales comprise 6.7% of global market, making the region 4th worldwide, says Minister of Trade and Industry Rachid
$4 billion loan for Saudi Aramco
Aramco signs five-year loan with credit facility. The facility includes 28 participating financial institutions and was nearly 250 percent oversubscribed
General Motors IPO, world's largest
Quick sweep of shares sends General Motors initial public offering(IPO) to a record $23.1 billion
Amer Group IPO oversubscribed 5.8 times
Individual investors show their interest in Egyptian real estate firm, Amer Group's, as the initial public offering (IPO) was oversubscribed 5.8 times
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