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EGX slides after three days of gains
The EGX is back in the red again after three days of gains: The EGX30’s three-day bull run came to…
EGX sell-off continues as shares fall 7%
The selloff on the EGX continued yesterday, tripping circuit breakers yet again: The sell-off on the EGX continued at pace…
GB Auto, Palm Hills, Arabia Investments plan stock buybacks
GB Auto, Arabia Investments, Palm Hills plan stock buybacks: GB Auto, Palm Hills, and Arabia Investments are all looking to…
Gov’t considering full customs exemption on imports of auto components
The government is considering a full customs exemption on imports of auto components: The Trade Ministry could grant a full…
Earnings watch: Sodic, Edita, GB Auto, TMG
EARNINGS WATCH- Sodic reports strong growth in contracted sales, guides for 15% sales growth this year: Sodic’s net profit rose…
CI Capital says it has 4 EGX IPOs in the pipeline for this year
IPO WATCH- CI Capital says it has 4 EGX IPOs in the pipeline for this year: Investment bank CI Capital…
Passenger car sales decline by 4% y-o-y in November
Passenger car sales were down in November for the ninth consecutive month, declining 4% y-o-y to 12,321 vehicles, according to…
EFG, GB NBFS arms team up to acquire majority stake in Tokio Marine Egypt Family Takaful
M&A WATCH- EFG Hermes, GB Auto jointly acquire majority stake in Tokio Marine Egypt: A consortium of EFG Hermes and…
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