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Earnings watch: Amer Group
EARNINGS WATCH- Amer Group’s bottom line fell 81.2% y-o-y in 1Q2022 to EGP 39.44 mn, according to the company’s financials…
Hotels to be listed on the EGX as part of state privatization plans -Tawfik
Egypt will merge seven or eight state-owned hotels into a single entity ahead of a listing on the EGX, Public…
Earnings watch: Arabian Cement
EARNINGS WATCH- Arabian Cement returned to the black in 1Q2022, with its bottom line recording EGP 58.85 mn during the…
What the markets are doing on 19 May 2022
MARKET ROUNDUP- The EGX30 rose 0.8% at today’s close on turnover of EGP 693 mn (19.8% below the 90-day average).…
THIS MORNING: It’s interest rate day; US stocks have worst day since June 2020
Well, friends, we’ve made it through another workweek together. One long, hard push and the end of the workday will…
Earnings watch: Orascom Development Egypt
EARNINGS WATCH- Orascom Development Egypt’s bottom line rose 5.8% y-oy in 1Q2022 to EGP 463.71 mn, according to the company’s…
The market on 17 May 2022
The EGX30 fell 0.2% at today’s close on turnover of EGP 614 mn (29.4% below the 90-day average). Foreign investors…
Earnings watch: AMOC, Credit Agricole, Export Development Bank, ADIB
EARNINGS WATCH- Alexandria Minerals Oil Company’s (AMOC) bottom line rose roughly 638% in 9M 2021-2022 to EGP 762 mn, according…
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