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Earnings watch: HDB + Heliopolis Housing report 1Q 2022 results
EARNINGS WATCH- Housing and Development Bank’s (HDB) net income fell 3.5% y-o-y in 1Q 2022 to EGP 628 mn, according…
Building violations were back on the airwaves last night
Illegal construction was back in the conversation on the airwaves last night after the House of Representatives discussed amending the…
Exporters want more support as gov’t wraps up latest phase of subsidy program
Gov’t wraps up fourth phase of export subsidy program: Some EGP 261 mn in overdue export subsidies was paid out…
Egyptian filmmakers in the limelight in the foreign press
Egyptian filmmakers are getting rave reviews in the foreign press this morning: Boy from Heaven, the new film from Egyptian-Swedish…
Alaa Abdel Fattah’s imprisonment is still the big topic in the foreign press
Leading the conversation on Egypt in the international press: Continuing coverage of imprisoned activist Alaa Abdel Fattah, who is asking…
Earnings watch: Orascom Construction, MNHD, GB Auto
Orascom Construction’s (OC) net income slid 45% in 1Q 2022 due to deepening losses at Besix, according to its earnings…
Earnings watch: Orascom Development Egypt
EARNINGS WATCH- Orascom Development Egypt’s bottom line rose 5.8% y-oy in 1Q2022 to EGP 463.71 mn, according to the company’s…
MSCI adds EFG Hermes to global standard index, e-Finance enters small-cap index
MSCI tweaks Egyptian firms included in its global indices: EFG Hermes has been added to MSCI’s standard equities index from…
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