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THIS EVENING: CI Capital subsidiary wants 26% of Cleopatra Hospitals + Abu Qir’s caps stake sale at 10% + Omicron has a stealth mode
Good afternoon, friends — and hold onto your hats. While the news flow is fairly moderate so far today, wind…
Last Night’s Talk Shows: Education Act + Labor Act amendments lead the conversation
Topping the talkin heads’ agendas last night: Legislative amendments the Madbouly Cabinet passed yesterday in a bid to cut down…
EGX temporarily caps daily stock price movement at 5% for two firms
MARKET NEWS- The EGX has capped daily stock price movement at 5% for Rowad Tourism and Zahraa Maadi Investment &…
OC announces dividend payout + acquisition in the cards
Orascom Construction’s (OC) board of directors has approved an interim dividend payout of USD 0.2313 per share, the company said…
Juhayna’s net income rose 14% y-o-y in 3Q2021
EARNINGS WATCH- Juhayna’s net income rose 14% y-o-y to EGP 174 mn in 3Q2021, according to the company’s latest earnings…
Omicron who?
The spread of the Omicron variant will not delay or otherwise affect Abu Qir Fertilizers’ plans to sell 10-15% of…
Market roundup on 5 December
The EGX30 rose 0.7% at today’s close on turnover of EGP 1.38 bn (3.1% below the 90-day average). Local investors…
Market roundup on 2 December
The EGX30 fell 0.9% at today’s close on turnover of EGP 1.11 bn (22.4% below the 90-day average). Foreign investors…
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