Market activity



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(2014-03-16) EGX indices battered by profit taking; benchmark nears 8100
Indexes of the Egyptian Exchange (EGX) ended Sunday’s session collectively lower, offsetting their morning gains, due to profit taking.
Benchmark index EGX30 fell 0.17%, or 13.72 points to close ne...
(2014-03-16) El Ahli Investment posts 86.7% profit hike in FY13
he consolidated financial statements of El Ahli Investment and Development showed that FY13 net profit moved 86.7% higher to EGP 7.75 million, compared to EGP 4.15 million a year earlier.
Non-consoli...
(2014-03-16) Pioneers plans GDRs for London listing
The board of Pioneers Holding for Financial Investment approved on Sunday, the issuance of global depository receipts (GDRs) for listing on London Stock Exchange (LSE).
The board also reviewed the ...
(2014-03-09) Maridive wins USD 185 m ExxonMobil contract
Maridive & oil services (MOIL) announced it won a USD 185 m contract to provide Maritime and petroleum services for ExxonMobil in Nigeria for 5 years starting from the 2Q2014.
The company added tha...
(2014-03-02) Orascom Development appoints Samih Sawiris as new CEO
The Board of Directors of Orascom Development Holding AG (ODHN) announced that it had come to a joint decision with CEO Dr. Gerhard Niesslein to end his employment.
The founder, Chairman of Orascom...