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Logistics (MENA) 
Earnings: state-owned El Nasr Civil Works, Egyptalum remain in the red
EARNINGS WATCH- State-owned Egyptian Aluminium Company (Egyptalum) saw its net losses narrow to EGP 348 mn in 9M2020-2021, compared to…
IDH reports surge in 1Q2021, drive by covid tests + OIH sells down Beltone stake
The EGX30 fell 1.2% at today’s close on turnover of EGP 1.69 bn (23.1% above the 90-day average). Local investors…
Meet our analyst of the week: Banque Misr’s Eman Negm
OUR ANALYST OF THE WEEK- Eman Negm, economic strategy manager at Banque Misr (Linkedin). My name is Eman Negm and…
Drop in 1Q income thanks to unfavorable base effect -MNHD
EARNINGS UPDATE- The sizable fall in Madinet Nasr Housing and Development’s (MNHD) net income in 1Q2021 was due to an…
MNHD’s consolidated net income falls 70% in 1Q2021
Madinet Nasr Housing and Development’s (MNHD) consolidated net income fell 70% to EGP 114.5 mn in 1Q2021, down from EGP…
Eastern, Oriental Weavers report rising profit + Oza sees “geopolitics” weighin on Egyptian shares
EARNINGS WATCH- Eastern Company posted a 47% increase in its bottom line in 3Q2020-2021, reporting earnings of EGP 1.35 bn…
EARNINGS WATCH: Talaat Moustafa Group + Obourland
EARNINGS WATCH- Talaat Moustafa Group’s (TMG) consolidated bottom line after taxes and minority rights rose 19% y-o-y in 1Q2021 to…
Raya Holding is back into the green
EARNINGS WATCH- Raya reverses its net loss position in 1Q2021: Raya Holding reported a bottom line of EGP 35.8 mn…
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