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Valu, Bonyan, Raya CX and more report earnings
Valu saw its net income jump 121% y-o-y during 2Q 2025 to EGP 217 mn
The aftermath of Ramses data center fire is almost behind us as things inch closer to normal
Most digital networks and financial systems are back online
E-finance, Fawry, Orascom Development and more report 1Q earnings
E-finance saw its net income after non-controlling interest rise 30.2% y-o-y in 1Q 2025
Who’s behind the country’s first PIPE fund?
PLUS- FRA extends AXA’s deadline for Delta Ins. takeover offer
E-finance’s adjusted net income rises 36% y-o-y in 2024
PLUS- Contact Financial Holding saw its normalized net income in 2024 grow 6% y-o-y
Sokhna Industrial Zone to welcome new factories with USD 3 mn in investments
PLUS- Fawry acquired a majority stake in local hospital and medical institutions manager Code Zone
Gov’t targeting 50% vaccine localization by 2030. PLUS: Flydubai, E-finance + Cassava, Ezz Steel
The government is also targeting vaccine manufacturing self-sufficiency by 2040
Jade Textile eyes three new factories for USD 180 mn. PLUS: Giza Spinning and Weaving, DHL, Ebda, Ashry Steel, Ecole Ducasse, Shell, SIAC, E-finance
The company is planning to double its production capacity with the investment
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