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Earnings: Fawry, PHD, Al Ahly for Development and Investment, ADIB, Misr Cement (Qena)
EARNINGS WATCH- Fawry’s net profit surged 99% y-o-y in 9M2020 to EGP 119.1 mn from EGP 59.7 mn last year,…
Real estate
Last Night’s Talk Shows on 17 November 2020
It was Mohamed Elneny’s turn to headline the talk shows last night, after the footballer followed Mohamed Salah to become…
Earnings Watch: At the buzzer: Lots and lots and lots of 3Q2020 earnings
EARNINGS WATCH- Lots and lots of companies released earnings at the buzzer yesterday, the final day for listed corporations to…
Earnings watch: SODIC, Beltone Financial, Naeem Holding, TE, TMG Holding, HDB
EARNINGS WATCH- SODIC’s net profits rose 179% to EGP 468 mn y-o-y in 3Q2020, according to the company’s earnings release…
Samih Sawiris to offload shares in Orascom Housing Communities to UK fund
M&A WATCH- Samih Sawiris will offload his shares in affordable housing player Orascom Housing Communities to an unnamed British investment…
Greater Cairo, Egypt’s new capital to be linked through 48 bus lines
Greater Cairo will be linked to the new administrative capital through 48 bus lines, 23 of which will be operational…
Nile City to build 3 new towers in Ramlet Boulak
Nile City Investments will build three new towers in Ramlet Boulak adjacent to its existing Nile City Towers at a…
New Alamein land for PPP development to be tendered in December
The New Urban Communities Authority will issue tenders for land in New Alamein to be developed under a private-public partnership…
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