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EFG Holding, E-Finance, Palm Hills + Macro Group report 3Q earnings
EFG Holding income, revenues up on investment, commercial bank growth:EFG Holding’s net income after tax and minority interest rose 24%…
THIS EVENING: E-Finance, EFG Holding, and Macro Pharma announce results as earnings season is in full swing
Good afternoon, wonderful people, and happy almost-THURSDAY. The news cycle here at home remains led primarily by financial results from…
IEA ups oil demand forecast for next year on expectations for lower prices
Oil supply could see a surplus next year -IEA: The International Energy Agency (IEA) is anticipating a surplus in oil…
EgyptAir places big Airbus order. PLUS: News from SODIC, Afreximbank, Hayat, Cleopatra Group
AVIATION- EgyptAir has placed another big order for new aircraft. National flag carrier EgyptAir has placed an order for 10…
Dubai is taking its taxi business to the DFM next month
Dubai’s Road and Transport Authority will be offering a 25% stake in its taxi business
S&P 500 companies’ 3Q 2023 earnings come in four times above analyst expectations
More than 81% of 3Q earnings topped analyst expectations
Elsewedy Electric, Arab Contractors secure USD 500 mn Afreximbank credit facilities. PLUS: New pharma company acquires stakes in Jordanian diagnostics player
Afreximbank previously supported a dam project developed by Elsewedy and Arab Contractors
Moody’s lowers US credit rating outlook on the back of debt affordability concerns
Fitch Ratings downgraded the US’ sovereign credit rating in August on similar concerns
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