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Earnings watch: HHD + Sidi Kerir report 1Q 2023 results
EARNINGS WATCH- Heliopolis Housing and development reported EGP 19.4 mn in net income in 1Q 2023, up 512.4% y-o-y, according…
El Sisi calls on DFIs to relax lending rules at AfDB meetings
Food prices and the controversy over the City of the Dead also received airtime
Swvl closer to regaining compliance with Nasdaq audit regs
Company appoints Ayman Ismail to audit committee, a month after two of its members resigned
Energy China to ink framework agreement for green hydrogen plant by July
The plant will produce 1.2 mn tons of ammonia and 210k tons of hydrogen
Officials call for legislative overhaul to boost industry
Attendees were discussing how to arrest the decline of Egypt’s industrial sector
AfDB mobilizes USD 2.2 bn to bolster Egypt’s water security
The funding will support desalination and water treatment plants for agriculture
EU + AFD to disburse new funds for Egypt grain silos. PLUS: New Xylem water pump factory
The EUR 60 mn disbursal is part of a EUR 100 mn package announced last year
What the markets are doing on 22 May, 2023
EARNINGS WATCH- The Export Development Bank’s bottomline rose 86.8% y-o-y to EGP 564 mn in 1Q 2023, according to a…
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