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Privatization program back in action this September, says Tawfik
Egypt plans to offer shares in state companies on the EGX starting in September, Public Enterprise Minister Hisham Tawfik told…
Earnings watch: Abu Qir Fertilizers, Juhayna + Banque Misr purchases 42.8% of Banque du Caire + CI Capital to distribute dividends
EARNINGS WATCH- Abu Qir Fertilizers’ bottom line rose 185% y-o-y in 9M 2021-2022 to EGP 6.96 bn, the company said…
Earnings watch: Alexandria Containers and Goods
EARNINGS WATCH- Alexandria Containers and Goods saw its bottom line rise 25.1% y-o-y to EGP 1.27 mn in 9M 2021-2022,…
Market roundup on 26 April 2022
The EGX30 rose 1.3% at today’s close on turnover of EGP 708 mn (22% below the 90-day average). Foreign investors…
Abu Auf pushes IPO plans to 2H 2022 on war worries
Healthy food brand Abu Auf’s parent company AUF is pushing its planned EGX debut to the second half of 2022,…
Market roundup on 20 April 2022
The EGX30 fell 1.7% at today’s close on turnover of EGP 580 mn (36.6% below the 90-day average). Regional investors…
Galina plans EGP 500 mn private placement, could resurrect IPO
Galina could revive its IPO plans: Agrifood player Galina Holding could go ahead with a public share sale on the…
Earnings Watch: Arabia Investments Holding
EARNINGS WATCH- Arabia Investments Holding’s bottom line rose 8% y-o-y in 2021 to EGP 103 mn, the company said in…
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