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Earnings watch: Mopco reports 2022 results
EARNINGS WATCH- Misr Fertilizers Production Company's (Mopco) consolidated net income after tax rose 51% y-o-y to EGP 7.3 bn in…
THIS EVENING: Will Misr Ins. Holding sell a 20% stake? PLUS: Credit Suisse shares hit a new low
Happy almost-THURSDAY, wonderful people. We’re nearly at the end of what has shaped up to be a rather busy week.…
Abraj Energy shares jump 17% on market debut
Abraj Energy Services shares jumped 17% on their debut on the Oman stock exchange yesterday. The state-owned oil-drilling unit raised…
Aman wants to launch in Saudi Arabia within 3 months. PLUS: Money GB Auto + Dara’s Ice Cream, FinMin appoints sukuk company board
Aman is working with a mystery Saudi partner to launch in the kingdom
CI Capital reportedly marketing at least 10% of Safi, Wataniya to strategics
CI Capital plans to wrap up the roadshow within a month
What the markets are doing on 14 March, 2023
The EGX30 fell 0.5% at today’s close on turnover of EGP 1.2 bn (41.7% below the 90-day average). Foreign investors…
THIS EVENING: Safi + Wataniya are each selling 10% stakes + US inflation accelerates as Fed grapples with SVB
Happy hump day, wonderful people. The steady newsflow we’ve grown accustomed to over the past couple of weeks is still…
Sheikh Tahnoon adds the ADIA to his business empire
The UAE’s Sheikh Tahnoon just got more powerful:UAE’s national security advisor Sheikh Tahnoon bin Zayed Al Nahyan has been appointed…
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