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Last Night’s Talk Shows on 17 March 2021
Three main topics were vying for the talking heads’ attention last night: The Central Bank of Egypt’s new mortgage finance…
Orascom Development Egypt net income falls more than 20% in 2020
Orascom Development Egypt’s (ODE) net income fell more than 20% during 2020, according to the company’s annual earnings release (pdf).…
Coca Cola, Porto Group, and BTech have big plans this year
Coca-Cola Egypt is planning to invest EGP 1 bn in Egypt this year to expand its production capacity, including setting…
Also on our Radar on 16 March 2021
Palm Hills is bringing the UK’s King’s College brand to Egypt: Palm Hills Development (PHD) has partnered with multinational schools…
The market on 15 March 2021
The EGX30 fell 0.6% at today’s close on turnover of EGP 1.1 bn (25.6% below the 90-day average). Regional investors…
GSK Egypt rejects Acdima’s bid to start due diligence, closing the door to a sale
GlaxoSmithKline Egypt’s board of directors has rejected a request submitted by Acdima to start due diligence on the company, GSK…
Last Night’s Talk Shows on 15 March 2021
The Central Bank of Egypt’s new mortgage lending initiative was the talk of the town on the airwaves last night.…
USD 2.5 bn of Saudi investment in five years + Meamar launches healthcare unit
Sharbatly Group pouring USD 2.5 bn into Egypt? Saudi investor Hassan Sharbatly plans to invest some USD 2.5 bn in…
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