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Egypt Kuwait Holding increases stake in Mohandes Insurance by another 2%
Egypt Kuwait Holding (EKH) has purchased another 2% stake in Mohandes Insurance, just a few days after it doubled its…
Earnings: Fawry, PHD, Al Ahly for Development and Investment, ADIB, Misr Cement (Qena)
EARNINGS WATCH- Fawry’s net profit surged 99% y-o-y in 9M2020 to EGP 119.1 mn from EGP 59.7 mn last year,…
Odin Investments to move forward with El Nasr Civil Works acquisition this month
M&A WATCH- Odin Investments to move forward with El Nasr Civil Works acquisition this month: Odin Investments is expected to…
Emirates NBD denies reports it has exited the race to buy Blom’s Egypt arm
M&A WATCH- Emirates NBD denies reports it has exited the race to buy Blom’s Egypt arm: Sources at Emirates NBD…
What we’re tracking on 17 November 2020
Good morning, friends. You know the end of the year is upon us when (a) Gourmet starts playing Christmas muzak,…
Diplomacy + Foreign Trade on 15 November 2020
It’s a slow morning for news on the diplomacy + foreign trade fronts. The top story: The European Bank for…
What we’re tracking on 16 November
Good morning, friends. We have a ton of investment news for you this morning and a welcome development on the…
Earnings watch: SODIC, Beltone Financial, Naeem Holding, TE, TMG Holding, HDB
EARNINGS WATCH- SODIC’s net profits rose 179% to EGP 468 mn y-o-y in 3Q2020, according to the company’s earnings release…
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