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Fawry transfers 64% of its main shareholder stake to indirect shareholders
Fawry transfers majority shareholder stake to indirect shareholders: Egyptian e-payment company Fawry has transferred the ownership of the 63.99% stake…
Four candidates will bid for HHD 10% stake + management rights on 23 February
EXCLUSIVE- Four companies expected bid for HHD 10% stake + management rights on 23 February: SODIC, BPE Partners, Palm Hills,…
What we’re tracking on 18 February 2020
Apple will miss its revenue guidance for the current quarter thanks to the impact on global sales of the coronavirus,…
EGX enables ETF market makers to place orders without a minimum amount
REGULATION WATCH- Bourse enables ETF market makers to place orders without a minimum amount: The EGX has scrapped regulatory requirements…
SODIC board approves Hussein Shoukry’s resignation
MOVES- SODIC board approves Hussein Shoukry’s resignation: HC Securities Chairman Hussein Shoukry’s resignation from the SODIC board was approved effective…
Americana Egypt’s profits halve in 2019
EARNINGS WATCH- Americana Egypt profits halve in 2019: Americana Egypt’s net profit plunged 48.4% in 2019 to EGP 15.1 mn…
Fertilizers producer Evergrow mulls offering 30% stake
IPO WATCH- EvergrowFor Speciality Fertilizers is planning to sell a 30% stake in an IPO on the EGX by no…
Juhayna profits fall 19% in 2019
EARNINGS WATCH- Juhayna profits fall 19% in 2019: Juhayna Food Industries’ profits fell 19% last year despite the company seeing…
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