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Tons and tons of M&A news
Greek energy company Energean has completed the acquisition of Edison’s energy portfolio, which includes substantial oil and gas assets in…
LaFarge chief on how to save his industry
It’s going to take more than just lower natural gas prices to uplift Egypt’s ailing cement industry, LaFarge Egypt CEO…
Suez Cement to delist from Egypt’s stock exchange
Suez Cement and its subsidiary Tourah Cement are planning to delist their shares on the EGX, after both companies’ board…
Ezz Steel losses narrow to EGP 1.3 bn in 3Q2020
Ezz Steel reported consolidated net losses of EGP 1.34 bn in 3Q2020, narrowing losses from EGP 1.85 bn in 3Q2019,…
Earnings watch: ADIB, Al Ahly, Misr Cement Qena
EARNINGS WATCH- Abu Dhabi Islamic Bank recorded net profits of EGP 884.3 mn in 9M2020, down 12.6% y-o-y from EGP…
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,…
Earnings Watch: At the buzzer: Lots and lots and lots of 3Q2020 earnings
EARNINGS WATCH- Lots and lots of companies released earnings at the buzzer yesterday, the final day for listed corporations to…
Suez Canal Authority signs MoU with Sterner to establish fish farming factories
The Suez Canal Authority signed an MoU with Norwegien water treatment company Sterner to set up a complex of fish…
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