Al Ahly Pharos Archives

Savola closes Ole bakery acquisition

The Egyptian Belgian Company has new Saudi owners: Saudi food conglomerate Savola has signed an agreement to acquire 100% of…

Good afternoon, wonderful people. Pat yourselves on the back for making it through this week, which is going out with…

CI Capital topped the EGX’s brokerage league table in April, with a market share of 43.9%, according to figures from…

OUR ANALYST OF THE WEEK- Omar El Watan, investment banking analyst at Al Ahly Pharos (Linkedin). My name is Omar…

Egypt Post’s investment arm, Post for Investment (PFI), has acquired 20% of state-owned sports management company Estadat Holding, Estadat CEO…

The Central Bank of Egypt (CBE) left interest rates on hold for the tenth consecutive meeting on Thursday. The CBE…

Abu Qir Fertilizers completed the sale of 10% of its shares for EGP 2.25 bn (c. USD 143 mn), according…

Annual urban inflation slowed for the second month running in November as pressure on food prices continued to ease, according…

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