Latest in Tag: stock exchange Highlight

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Latest in Tag: stock exchange

DreamTeam, IBM, BTCC, IOTA Foundation and Gibraltar Stock Exchange to headline London Blockchain Week

London Blockchain Week event announced that DreamTeam, IBM, BTCC, IOTA Foundation and Gibraltar Stock Exchange will be headlining the event taking place in January 2018. Blockchain Week will bring together between 800-1400 leading Blockchain thinkers throughout the week comprising of a senior audience from enterprises, start-ups, VC firms, media, government and academia, for the fourth …

Daily News Egypt

Germany’s Delivery Hero set for IPO this year

The Berlin-headquartered start-up says its public listing will help it dominate the growing online meal delivery market. The food ordering platform features more than 150,000 restaurants in 40 countries.Amid an already competitive food delivery market, Delivery Hero said on Tuesday it plans to raise around 450 million euros ($506 million) from an initial public offering …

Deutsche Welle

IPP to re-offer 10% of its shares in December

The International Printing and Packaging Company (IPP) will reoffer 10% of its shares in the stock exchange in December, according to a statement by Mustafa Nagy, director of investor relations in the company. Nagy said the decision was taken after conditions on the stock exchange improved following the flotation of the Egyptian pound and a …

Mohamed Ahmed

Orange Egypt net losses decrease by 63.3% in 2016

    Orange Egypt’s consolidated financial results showed a decrease of 63.3% in net losses for 2016, according to the company‚Äôs stock exchange statement. The company‚Äôs net losses in the first six months of 2016 went down to EGP 33.4m, compared to losses amounting to EGP 91.1m in the same period of 2015. On the …

Mohamed Samir

Fiat-Chrysler makes a killing from Ferrari IPO

After the US-Italian car giant brought a 10-percent stake of the legendary racing car brand to Wall Street last week, it has now announced gross proceeds of close to a billion dollars from the share issue. After closing the book on the Ferrari initial public offering (IPO) on Monday, Fiat-Chrysler Automobiles (FCA) said the sale …

Deutsche Welle

An unsurprising sell-off in Athens

It happened just as predicted. The Athens Stock Exchange re-opened after being forced to shut down for weeks – and took a nosedive. But what does that mean? An analysis from DW’s Henrik Bohme. What‚Äôs Greece‚Äôs most important stock exchange? That was once a question on the TV game show “Who Wants to Be a …

Deutsche Welle

Falling Greek stocks weigh on Europen markets

Greece’s main stock index seemed to have stabilized by the time the markets closed on Tuesday, with shares closing down around 2.2 percent – a far cry from the record drop in share prices from the day before. The head of the Athens Stock Exchange, Socrates Lazaridis, said that most losses incurred on Tuesday were …

Deutsche Welle

Egypt bourse hits 8-week low

Reuters – Egypt’s main index dropped 2.3% to its lowest close since 11 February. The benchmark has fallen 14.7% from 26 March’s five-year closing high. The sell-off came after Abdel Fattah Al-Sisi said he would run for president; investors, most of whom favour Al-Sisi, had bid up the market ahead of the announcement and took …

Daily News Egypt

Egypt’s Naeem Holding to cross-list on Abu Dhabi exchange

Reuters – Naeem Holding for Investments has received approval from the United Arab Emirate‚Äôs financial regulator to list on the Abu Dhabi exchange, the firm said, a further sign of closer economic ties between Egypt and the Gulf. ‚ÄúCoordination is ongoing with the Abu Dhabi market and the necessary measures for receiving the approval of …

Daily News Egypt