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Earnings Watch: EFG Hermes, IDH
EARNINGS WATCH- EFG Hermes’ net income more than tripled to EGP 292 mn in 1Q2021, up from EGP 90 mn…
Are we in for an IPO-heavy 2H2021?
The Egyptian Exchange could see as many as five more companies offer shares for sale before the year is out,…
First Cleopatra, now Nile Misr.
Nile Misr Healthcare plans to lower its initial offer for a majority stake in Alexandria Medical Services following Cleopatra Hospital…
Where can green economy startups and SMEs in Egypt obtain necessary financing?
Where can green economy startups and SMEs turn when the VCs and bankers aren’t there? While conventional wisdom holds that…
Elon Musk has the crypto markets at his beck and call
Elon Musk has the crypto markets at his beck and call: Crypto traders appear to be hanging on the bn’aire…
Azimut Egypt is rolling out a new equity fund
Retail investors can subscribe to Azimut Egypt Asset Management’s new equity fund as of this coming Sunday, 23 May, Hapi…
Big plans for railway manufacturing in the SCZone
Four foreign companies have bid to partner on a facility that will produce rail cars in the Suez Canal Economic…
What the markets are doing on 17 May 2021
Global remittance flows have held up in the face of the pandemic: Remittances to low- and middle-income countries fell only…
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