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AliExpress expands local payment options to include Egypt
PLUS- Arabian Cement to purchase clean energy from IRSC
What the markets are doing on 23 February, 2023
Arabian Cement’s net income grew more than tenfold y-o-y to EGP 359 mn in 2022, according to a disclosure(pdf). Revenues…
Arabian Cement to expand Suez factory solar plant
Arabian Cement signs new PPA for solar plant: Arabian Cement signed a purchase power agreement with Amarenco SolarizEgypt for the…
Earnings watch: Arabian Cement
EARNINGS WATCH- Arabian Cement returned to the black in 1Q2022, with its bottom line recording EGP 58.85 mn during the…
SODIC’s net income up 89% y-o-y for 4Q2021
Real estate giant SODIC’s net income nearly doubled during 4Q 2021, rising 89% y-o-y to EGP 518 mn, according to…
Earnings watch: Prime Holding, EFIC, Arabian Cement
EARNINGS WATCH- Prime Holdings widened its losses 132% y-o-y, achieving net losses of EGP 56.6 mn in 2021, compared to…
Meet our analyst of the week: Alpha Capital’s Salma Taha Hussein
OUR ANALYST OF THE WEEK- Salma Taha Hussein, independent board member at AlphaCapital Group and ex-head of research at Concord…
Earnings watch: Beltone, NBK Egypt, Credit Agricole Egypt, GSK, Obour Land, Arabian Cement
EARNINGS WATCH- Beltone Financial reported net income of EGP 4.7 mn in 2Q2021, up from a loss of EGP 12.1…
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