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EGX up 2.8% YTD
The EGX30 fell 0.3% at today’s close on turnover of EGP 1.6 bn (3.6% above the 90-day average). Foreign investors…
Cement prices are finally rising in Egypt — but producers continue to face challenges
Cement prices are finally rising in Egypt — but producers continue to face challenges: As nations ramp up investments in…
Evergrow to receive loan to restructure debts + Arkan Palm gets EGP 1.5 bn for Sheikh Zayed development
Evergrow is getting a loan to restructure its debts: A consortium of 12 banks led by Mashreq Bank and the…
Abu Qir net income up 30% in 2020-2021
Abu Qir Fertilizers’ net income rose 30% during FY2020-2021, clocking in at EGP 3.5 bn compared to EGP 2.7 bn…
GB Auto net income triples in 2Q off of higher revenues
GB Auto’s net income more than tripled to EGP 374.3 mn in 2Q2021, compared to EGP 115.8 mn in the…
Earnings watch: Beltone, NBK Egypt, Credit Agricole Egypt, GSK, Obour Land, Arabian Cement
EARNINGS WATCH- Beltone Financial reported net income of EGP 4.7 mn in 2Q2021, up from a loss of EGP 12.1…
Rameda net income up 60% in 2Q2021
EARNINGS WATCH- Tenth of Ramadan for Pharma Industries and Diagnostic Reagents’ (Rameda) net income rose 60% to EGP 31.5 mn…
TONIGHT: IMF’s NIB liquidation dreams could come true. + UN climate change report says damage “irreversible”. ALSO: Messi closer to signing with PSG.
Good afternoon, ladies and gentlemen, and we’re so happy that today is hump day, as this Thursday is off as…
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