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Macro Group’s net income rose 10% in 2021
Macro Group saw its net income rise 10% y-o-y to EGP 148 mn in 2021, according to the company’s maiden…
Daily cases, hospitalizations fall + Trials commence on our second homegrown jab
The Health Ministry reported 1,322 new covid-19 infections yesterday, down from 1,523 the day before. Egypt has now disclosed a…
Earnings watch: Rameda Pharma, GB Auto and Contact Financial report FY2021 earnings
Tenth of Ramadan for Pharma Industries and Diagnostic Reagents (Rameda) reported an 18.8% increase in net income in 4Q2021 to…
Is Goldman Sachs being tapped to advise EFG on FAB’s acquisition bid? Plus: Old Mutual has competition for Lekela stake.
EFG Hermes plans to pick Goldman Sachs to advise shareholders on First Abu Dhabi Bank’s (FAB) acquisition bid, Bloomberg reported…
COP president UK is struggling to live by its promises + Automotive players are reskilling for the electric future
With the COP presidency still in hand, the UK is struggling to “walk the talk” when it comes to green…
Adwia to invest EGP 400 mn in 2022 to add production lines
Pharma manufacturer Adwia will invest EGP 400 mn this year to add new production lines and make upgrades at its…
Beyti + United Pharma announce investments to ramp up production
Dairy and juice producer Beyti plans to invest EGP 250 mn in Egypt this year to add new production lines,…
Macro Group’s IPO has arrived
THE BIG STORY TODAY- Is Macro Group’s IPO upon us? Macro Group Pharma wrapped up the private placement portion of…
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