Sunday 20 April 2014
 
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Gold investors choose bars over ETFs in Q1

Investors forsook gold exchange traded funds in the first quarter in favour of coins and bars, the World Gold Council said, with buying of physical investment products helping lift overall bullion demand by 11 per cent. The WGC said ETFs r

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Conares Metal new facility to start ops in Q1

Jafza-based Conares Metal Supply’s new $70 million facility is nearing completion and will start operations in the first quarter, according to the company chief. Despite a slump in the global steel industry, the company's expansion pla

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Egypt bourse bars trading on 11 firms

Egypt's stock exchange has blocked investors from short-selling, margin trading and intra-day trading the shares of three banks and eight other firms including Oriental Weavers and Ghabbour Auto. Effective from next Sunday's trading sessio

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