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Posted inEARNINGS WATCH

SODIC reports record sales in 2024

SODIC reports record sales in 2024 fueled by Ogami project: Our friends at SODIC logged record gross contracted sales of EGP 50.3 bn in 2024, up 66% y-o-y, on the back of strong demand for the North Coast project Ogami, according to the developer’s latest earning release (pdf). Meanwhile, the company’s net income after tax […]

Posted inCALENDAR

FEBRUARY 10 February (Monday): The Economic Forum for Industry and Investment. 10 February (Monday): American Chamber of Commerce Monthly Luncheon. 13-17 February (Thursday-Monday): The 10th Annual Conference of the Businesswomen of Egypt 21 Association, the Arab League HQ, Cairo. 17 February: (Monday): Cypriot President Nikos Christodoulides will visit Egypt to sign agreements to transport Cypriot […]

Posted inWHAT WE’RE TRACKING TONIGHT

Annual headline urban inflation dips 0.1 percentage point to 24.0% in January

Good afternoon all you wonderful people, and happy Monday. We have a busy issue for you today, with January’s inflation reading, the health effects of early sugar exposure, and a grab-bag of Valentines Day events on the docket for today. THE BIG STORY TODAY Inflation dips slightly to 24.0% y-o-y in January: Annual headline urban […]

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