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Earnings watch: Alexandria New Medical Center
EARNINGS WATCH- Alexandria New Medical Center’s net income rose 27% y-o-y to EGP 26.45 mn in FY 2021, according to…
IPOs: Gulf > Europe
Gulf > Europe in the IPO market: Surging oil prices are fueling an IPO boom in the MENA region, helping…
Earnings watch: Egyptian Resorts Company
EARNINGS WATCH- Egyptian Resorts Company saw its losses decline to EGP 4.5 mn in FY2021 compared to losses of EGP…
Russia sanctions to exacerbate global diesel shortage, warn oil traders
Fuel rationing could be coming to Europe — and that’s before it goes cold turkey from Russian gas: Europe faces…
Samurai bonds coming on Thursday
Our inaugural Samurai bond issuance is back on: The Finance Ministry plans to sell USD 500 mn in JPY-denominated Samurai…
THIS MORNING: EGP settles in at EGP 18.57 to the greenback + more price caps are coming
Good morning, friends, and welcome to another exceptionally heavy news day, so as we did earlier this week, let’s jump…
Earnings watch: Maridive Oil and Services, Arab Dairy
EARNINGS WATCH- Maridive Oil and Services narrowed its losses to USD 78.07 mn in FY2021, down from USD 143.26 mn…
THIS EVENING: EGX continues rising + Our first Samurai bond issuance is back in play + Egypt revises downwards FY2022-2023 GDP growth rate
Happy hump days, ladies and gentlemen. The news cycle here at home calmed down somewhat from where it was yesterday,…
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