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The Gulf is going to be 12 figures better off by 2026
The red-hot oil market is set to pour an extra USD 1.3 tn into the coffers of Gulf sovereign wealth…
HSBC has a new head of MENA + Turkey banking
HSBC has appointed former head of global banking for UK and International Europe, Julian Wentzel (LinkedIn) as its new head…
Earnings Watch: EFG Hermes, Palm Hills, Swvl
EFG Hermes’ net income after tax and minority interest eased 15% y-o-y to EGP 344 mn in 2Q 2022 on…
MNHD shareholders reject SODIC’s advance
MNHD shareholders back board, say offer price was too low: Madinet Nasr Housing and Development (MNHD) shareholders meeting in a…
Enough earnings for you?
Yesterday was an earnings extravaganza, ladies and gentlemen. Among those reporting were (in alphabetical order): Contact Financial Holding’s net income…
THIS MORNING: CBE odds-on to hike rates this Thursday + Kenya has a new president
Good morning, friends, and welcome to a big news morning. There’s plenty of good news today, including the first tentative…
Aramco profits surge 90% in 2Q 2022
EARNINGS WATCH- #1- Saudi Aramco’ posts record net income amid spiraling oil prices: Saudi Aramco reported record 2Q 2022 and…
MNHD revenues double in 2Q 2022
Madinet Nasr Housing and Development’s (MNHD) revenues more than doubled in 2Q 2022 due to a rise in deliveries, it…
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