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Rosy outlook for Egypt
Khaleej Times
'Having an elected parliament is a main reason behind the gains we are seeing today and we expect to see more gains in the coming weeks,' said Mina Iskander of Egyptian investment bank EFG-Hermes. Elections under the 30-year-rule of former president ...

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02/04/2012 07:00 PM


Egypt Stock Market Commentary - Week Ending February 3, 2012
Afribiz.info
The banking sector was 1.1% firmer as CIB Egypt (+2.2%), and EFG Hermes (+0.3%) registered gains. Other gainers included Canal Shipping Agencies (+9.9%), El Ezz Steel (+8.7%), Sinai Cement (+8.4%), Citadel Capital (+3.2%), and Maridive & Oil (USD) ...

02/03/2012 03:45 PM


ETF Trends

Egypt ETF Rallies 30% to Start 2012
ETF Trends
“Having an elected parliament is a main reason behind the gains we are seeing today and we expect to see more gains in the coming weeks,” Mina Iskander of Egyptian investment bank EFG-Hermes, said in the article. “Foreign buyers are now interested to ...

02/01/2012 08:05 PM


Ahram Online

Market Report: Egypt stocks advance 0.9 pct amid emergency aid talk
Ahram Online
"I don't think we will have a long rise in the market," said Mina Iskander of Egyptian investment bank EFG-Hermes. "It will go up for few weeks over that feeling of optimism, but could go down later when companies start releasing their annual earnings, ...

02/01/2012 05:14 PM


Political progress boosts Egypt bourse
Financial Times
“I think we have seen the bottom,” says Wael Ziada, the head of research at EFG-Hermes, the investment bank. “You should never say never, but I think the downside is now minimal, and it is quite unlikely that things could revert.

02/01/2012 04:51 PM


ArabianBusiness.com

MIDEAST STOCKS-Abu Dhabi lender FGB surges on Q4; Gulf upbeat
Reuters
"DP World's numbers were actually very good and it showed a robust performance for 2011," said Redwan Ahmed, an analyst at EFG Hermes. "The key thing to watch out for is consolidated units and excluding Australia DP World had an 8 percent rise in ...
First Gulf Bank's profit hits Dh3.7b, above targetgulfnews.com
Natl Bk Of Abu Dhabi 4Q Net -1% At AED724M As Impairments RiseZawya (registration)

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01/31/2012 04:01 PM










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