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EKH, Contact Financial report sharp rises in net income
Egypt Kuwait Holding’s (EKH) attributable net income rose 52% y-o-y to USD 45.2 mn in 2Q2021, up from USD 29.8…
Egypt to build EGP 2.2 bn bulk grain terminal in East Port Said
Two commodity trading houses have signed a contract with the Egyptian government to build an EGP 2.2 bn bulk grain…
THIS MORNING: Cabinet <3 startups + Get ready for the new iPhone 13
Good morning, friends, and welcome to the final business day of the week. We’re heading into our last long weekend…
Meet our analyst of the week: Prime Holding’s Mohamed Saad
OUR ANALYST OF THE WEEK- Mohamed Saad, senior equity research analyst at Prime Holding (LinkedIn). My name is Mohamed Saad…
Inflation hits 2021 high but still rises below expectations
Annual urban inflation accelerated in July on the back of rising energy and food prices, according to official figures from…
World’s biggest wastewater plant gets more financing
Emirates NBD will provide EGP 2 bn in financing to a consortium of four construction firms to build the largest…
Are Sudan and Ethiopia cosying up over electricity?
Sudan is in talks to buy 1 GW of electricity from Ethiopia, Sudan’s energy and oil minister told official news…
THIS MORNING: Russian flights return tomorrow + RIP Dalal Abdel Aziz
Good morning, wonderful people. You may rejoice: We officially have a four-day work week this week after the cabinet confirmed…
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