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Palm Hills Development scores an impressive 1Q2021
Palm Hills Development’s bottomline soared 152% y-o-y to EGP 205 mn during 1Q2021, up from EGP 81 mn in 1Q2020,…
Pioneers, Arab Dairy report higher net income in 1Q2021, Kabo narrows losses
EARNINGS WATCH- Pioneers Holding net income inched up to EGP 299.6 mn in 1Q2020, up 10.4% y-o-y from EGP 271.3…
Juhayna's former chairman sees detention extended + Contact Financial wants in on the central bank’s mortgage program
Juhayna's ex-chairman’s detention extended: The State Security Criminal Court has ordered that Juhayna's former Chairman Safwan Thabet’s detention be extended…
Ebtikar sets IPO deadline by 4Q2021
Ebtikar has narrowed the deadline for its planned EGX debut to 4Q2021, after having eyeda larger window within 2H2021 to…
Construction of TMG’s EGP 500 bn Nour City has begun
Construction of Talaat Moustafa Group’s EGP 500 bn Nour City development has begun, after Housing Minister Assem El Gazzar and…
Fawry sees bottom line surge in 1Q2021
The EGX30 rose 0.75% at today’s close on turnover of EGP 1.29 bn (2.2% above the 90-day average). Foreign investors…
OC, CI Capital, Crédit Agricole report 1Q2021 earnings
EARNINGS WATCH- Orascom Construction (OC) reported a bottom line of USD 23.9 mn in 1Q2021, down 4.4% y-o-y from USD…
More leasing, please.
GlobalCorp Financial Services is in talks with seven banks to borrow at least EGP 1.4 bn to back its leasing…
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