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Egypt Stock Exchange World
News
- AIC sells 9.6 pct stake in Egypt's Beltone
CAIRO (Reuters) - Egyptian investment firm Arabiyya Lel Estithmaraat's (AIC) said on Thursday it had sold its 9.56 percent stake in investment bank Beltone Financial Holding. AIC sold its 800,000 shares to MM Group for Industry and International Trade for 13.87 Egyptian pounds each, the stock exchange said, valuing the deal at 11.1 million pounds. AIC had previously sought to buy Egyptian ...
egypt stock exchange 12 Feb 2012 - Telecom Egypt plans dividend on deferred profits
CAIRO (Reuters) - Landline monopoly Telecom Egypt plans to issue a dividend of 30 piastras per share on deferred profits, the company said in a statement via the stock exchange on Tuesday. The dividend would be issued in addition to any regular pay-out on 2011 earnings. Telecom Egypt has spent years trying to expand beyond voice and data services into mobile telecoms using its substantial cash ...
egypt stock exchange 12 Feb 2012 - Egypt Trust UK Regulatory Announcement: Restructure Proposals
LUXEMBOURG--(BUSINESS WIRE)--For immediate release on 10 February 2012 The Egypt Trust Publication of circular The Board of The Egypt Trust (the ?Fund?) announces that it has today published a circular containing details of proposals to liquidate the Fund and to cancel the listing of the Fund?s ordinary shares on the Official List of the UK Listing Authority and the Luxembourg Stock Exchange and ...
egypt stock exchange 12 Feb 2012 - Beltone chairman to sell stake: Egypt bourse
CAIRO (Reuters) - The chairman of Beltone Financial has agreed to sell his 20 percent stake in the Egyptian investment bank to Arabiyya Lel Estithmaraat (AIC), the stock exchange said on Wednesday. "It was agreed that AIC will buy 20 percent of the company's (Beltone) shares owned by the chairman," the bourse said in a statement. AIC is an Egyptian investment firm. AIC said in an emailed ...
egypt stock exchange 12 Feb 2012 - Egypt stocks surge after uprising anniversary
Egypt's stock market posted its strongest gains in about 10 months, with the benchmark index rallying over 7 percent on Thursday as the peaceful passing of the one-year anniversary of the uprising that ...
egypt stock exchange 12 Feb 2012 - After Egypt, Tunisia, Libya overthrows, Arab upheaval begins to settle
Tumult. Tragedies. Victory. Exultation. That was 2011 in Tunisia, Egypt, and Libya, where longstanding dictators were swept away by popular revolts that are still reshaping the Arab world.
egypt stock exchange 12 Feb 2012 - After peaceful uprising anniversary, Egypt benchmark stock index in record climb in 10 months
CAIRO - Egypt's stock market has posted its strongest gains in about 10 months, rallying nearly 7 per cent as investors cheered the peaceful passing of the one-year anniversary of the uprising that ousted former President Hosni Mubarak. The Egyptian Exchange's on Thursday temporarily halted trade af
egypt stock exchange 12 Feb 2012 - Egypt mourns deaths amid calls to fire interior minister
Egypt started three days of mourning on Thursday after 74 people died in clashes following a soccer match last night. The riots in the northern city of Port Said marked Egypt's deadliest incident in football history and sent shares on the Cairo stock exchange plunging 2.14 percent on Thursday.
egypt stock exchange 12 Feb 2012 - Egypt ETF Rallies 30% to Start 2012
After declining almost 50% as a result of political and economic uncertainty in 2011, Egyptian equities and the related stock exchange traded fund have vaulted 30% so far this year. Van Eck?s Market Vectors ...
egypt stock exchange 12 Feb 2012 - Egypt stocks surge nearly 5 per cent as uprising anniversary passes with few problems
By The Associated Press CAIRO - Egypt's benchmark stock index has surged nearly 5 per cent, in its strongest one-day showing in months, with investors newly optimistic following the peaceful passing of ...
egypt stock exchange 12 Feb 2012
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