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Earnings Watch: SODIC, IDH, Palm Hills, MM Group, Vodafone Egypt
Upmarket real estate developer SODIC saw a 75% drop in net income during 3Q2021 as revenues declined due to timing…
Earnings season still going strong: Ezz Steel, ODE, AMOC, Prime Holding, RCC, and B Investments report results
Ezz Steel posted a net income of EGP 1.4 bn in 3Q2021, after seeing a loss of EGP 1.3 bn…
The Night of the Scorpions is still getting attention internationally
Last week’s mass scorpion attack in Aswan is still getting play in the foreign press this morning: Associated Press |…
Last Night’s Talk Shows on the EGX tax cuts + the aftermath of the storm in Aswan
It was a mixed bag of nuts on the airwaves last night: EGX tax cuts, the scorpion attacks in Aswan…
Is Mowasalat Misr fielding an acquisition offer?
FACT CHECK- Is Mowasalat Misr fielding an acquisition offer? A report in AlBorsa yesterday claimed that public transport company Mowasalat…
Ora plans USD 1 bn Africa expansion + Sawiris pivots to battery metals
Naguib Sawiris’ Ora Developers is planning to invest at least USD 1 bn over the next five years to increase…
Last Night’s Talk Shows on Vodafone Egypt selling its majority stake + the cabinet’s meeting
Talk shows got businessy last night discussing the selling of Vodafone Group’s majority stake in Vodafone Egypt, which will be…
Cabinet looking to encourage more property registrations
Are we about to see a surge in home registration? More homeowners could start notarizing their ownership contracts after legislative…
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