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Taaleem shares drop on DFM debut + HSBC is getting out of Canada
Rough start to Taaleem’s Dubai debut: UAE school operator Taaleem Holding’s shares closed down 15% yesterday to AED 2.55 on…
Are education stocks living up to their “defensive” reputation?
An uptick in performance by education shares suggests they may be living up to their reputation of being “defensive.” Investors…
Is Russia using Egypt to export its crude? Plus: El Sisi establishes disability fund
Russia appears to be using Egypt as a transit route to sell its crude, ahead of the introduction of western…
As a sector, the normally-defensive education industry is tracking the wider market
In times of crisis (or when the going simply gets tough), plenty of investors look to so-called “defensive” sectors —…
CIB reports sharp growth in top and bottom lines in 1Q 2022 despite “challenging” conditions + education outfits CIRA and Taaleem see revenue growth
EGX heavyweight CIB reported a 48% y-o-y increase in net income to EGP 4.2 bn in 1Q 2022 despite “challenging”…
Earnings watch: Taaleem
EGX-listed Taaleem saw a 23.7% y-o-y increase in its bottom line in 1Q2021-2022 to EGP 71.9 mn, the company said…
THIS EVENING: EGX-listed Taaleem saw a 24% y-o-y increase in its bottomline in 1Q2021-22 + Local firms in line to receive a piece of APICORP and IsDB’s USD 1 bn Infra Initiative
It’s been refreshingly slow news day on the local front, ladies and gentlemen. However, we have plenty to read, bing…
IPOs in 2021: Four is more than zero
In keeping with the overall theme of the year, 2021 was the year of a hobbled recovery for Egypt’s IPO…
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