Ahram Online

Markets & Companies

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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