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Orascom, Obour Land, MM Group and EG Kuwait Holding Co. are lining up for stock buybacks
Orascom, Obour Land, Raya, MM Group and EKH jump on the stock buybacks wagon: Orascom Development Egypt (ODE), Raya Holding,…
HHD scraps share sale plans after management tender flops
PRIVATIZATION WATCH- HHD scraps share sale plans after management tender flops: State-owned Heliopolis for Housing and Development (HHD) has scrapped…
GB Auto, Palm Hills, Arabia Investments plan stock buybacks
GB Auto, Arabia Investments, Palm Hills plan stock buybacks: GB Auto, Palm Hills, and Arabia Investments are all looking to…
Palm Hills Egypt board approves purchase of 62 mn treasury stocks
Palm Hills Development’s (PHD) board of directors approved the purchase of 62.351 mn treasury stocks to hedge against the "unjustified"…
Uber may launch “Uber For Government” services for Egypt’s new capital
Uber is considering launching Uber for Government, a new service that would specifically serve civil servants looking for transportation to…
Earnings watch: Emaar Misr's profits halve in 2019
EARNINGS WATCH- Emaar Misr's profits halve in 2019: Emaar Misr profits fell by 49% to EGP 1.74 bn in 2019,…
Earnings watch: Sodic, Edita, GB Auto, TMG
EARNINGS WATCH- Sodic reports strong growth in contracted sales, guides for 15% sales growth this year: Sodic’s net profit rose…
Emerald’s shares rise 3.46% on EGX debut day
IPO WATCH- Emerald’s shares rise on EGX debut day: Small cap real estate investment firm Emerald’s share price edged up…
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