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Infrastructure 
Vicat Egypt launches MTO for Sinai Cement
French cement producer Vicat Egypt has submitted a mandatory tender offer to acquire another 42.1% of subsidiary Sinai Cement Company…
Egyptian Exchange
Market roundup on 10 April 2022
The EGX30 fell 1.8% at today’s close on turnover of EGP 597 mn (38.3% below the 90-day average). Regional investors…
EFG Hermes to distribute EGP 973 mn-worth of bonus shares
MARKET NEWS- EFG Hermes will increase its issued capital by over EGP 973 mn by distributing bonus shares at a…
Market roundup on 6 April 2022
The EGX30 fell 0.3% at today’s close on turnover of EGP 232.55 mn (76.2% below the 90-day average). Foreign investors…
Market roundup on 5 April 2022
The EGX30 fell 1.3% at today’s close on turnover of EGP 781.35 mn (20.1% below the 90-day average). Foreign investors…
EKH approves dividend payouts
Egypt Kuwait Holding’s general assembly has approved a dividend payout to shareholders of USD 0.07 per share, the company said…
e-Finance + TMG approve dividend payouts
e-Finance will pay shareholders dividends of EGP 0.10 per share for FY2021, according to a decision by the ordinary general…
Earnings watch: OIH, Domty, Arabia Investments Holding
EARNINGS WATCH- Orascom Investment Holding saw a bottom line of EGP 564.0 mn in FY2021 compared to losses of EGP…
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