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Ezz Steel turns to losses in 2023 despite revenue growth
Revenues rose on the back of record exports as the company moved away from domestic sales
Offers roll in for the rehabilitation of EgyptAlum. PLUS: News from Valu, B Investments, Rixos Hotels
Emirati Fleet Energy, and Chinese Nonferrous Metal Mining Group have both submitted technical offers
Gov’t pays back some of its dues to Pharos Energy. PLUS: News from Juhayna
The payment marks 27% of the EGPC’s dues by the end of last year.
IDH saw its revenues rise 14% in 2023
IDH’s revenue grew 33% y-o-y in 4Q 2023 to EGP 1.1 bn
Orascom Construction reports net income rise as backlog records record high
The company’s new awards rose 234.3% y-o-y in 4Q to USD 1.9 bn
EFG Holding posts a record EGP 14.7 bn revenues in 2023
Growth was underpinned by robust growth across EFG Hermes, aiBank, and Valu
Rameda reports strong revenue growth, stable net income in 2023
The firm’s revenues grew 30% y-o-y in 2023, driven by strong performance from its key verticals and price hikes
Elsewedy Electric’s bottom line jumps 87% in 2023
Shareholders are in line for a dividend of EGP 0.5 per share
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