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Semiconductor shortage could take years to be resolved
Remember that semiconductor shortage? It’s likely to stay with us for a while: A global lack of semiconductors — essential…
Eastern, Oriental Weavers report rising profit + Oza sees “geopolitics” weighin on Egyptian shares
EARNINGS WATCH- Eastern Company posted a 47% increase in its bottom line in 3Q2020-2021, reporting earnings of EGP 1.35 bn…
WFH has pushed people to live vicariously through office TV series
As the pandemic forced work from home upon us all, people globally began to tune into office TV shows to…
Raya Holding is back into the green
EARNINGS WATCH- Raya reverses its net loss position in 1Q2021: Raya Holding reported a bottom line of EGP 35.8 mn…
IDA exec regs are the law of the land + sovereign sukuk inch closer to legislative clearance
The wait is over for industrial investors: The executive regulations to the law regulating the Industrial Development Authority (IDA) come…
Reduced tariffs on steel rebars + iron billets
Reduced tariffs on steel rebars + iron billets: The Trade and Industry Ministry reduced import tariffs on iron billets last…
Earnings Watch: Elsewedy Electric, Contact Financial, Beltone
EARNINGS WATCH- Elsewedy Electric’s net income rose 75% to EGP 700.1 mn in 1Q2021, up from EGP 400 mn in…
Big plans for railway manufacturing in the SCZone
Four foreign companies have bid to partner on a facility that will produce rail cars in the Suez Canal Economic…
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