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Palm Hills revenues surge to EGP 9.5 bn in 9M 2022, up 62% y-o-y
Palm Hills Developments reported record-high net income after tax and minority interest of EGP 911 mn in 9M 2022, up…
The UAE’s Chimera Capital enters private credit market
Chimera Capital enters the private credit space: Our friends at Chimera Capital have launched a USD 2 bn global private…
Berkshire turns in mixed results + global food prices hold steady
Another mixed set of results for Berkshire Hathaway: The Warren Buffett-led conglomerate posted a USD 2.7 bn loss in 3Q…
MNHD income more than doubles in 9M 2022 + CIB’s bottomline rises 16% in 3Q 2022
Madinet Nasr Housing and Development’s (MNHD) net income was up 112% to record EGP 545 mn in the first nine…
Macro Group earnings rise 19% y-o-y in the first nine months of 2022
Macro Group’s net income is up 19% in 9M 2022 when adjusted for IPO an ESOP expenses, the cosmeceuticals firm…
OPEC wants tns of USD in fresh oil investment as Aramco, BP report huge profits
OPEC wants more than USD 12 tn in oil investment: OPEC has called for USD 12.1 tn to be invested…
Musk takes over at Twitter + US earnings face USD 10 bn hole in 3Q thanks to stronger greenback
Musk is now officially chief twit: Elon Musk has closed his USD 44 bn acquisition of Twitter after a six-month…
THIS MORNING: UAE, Egypt mark 50 years of ties + School is NOT out
Good morning, friends, and welcome to another very busy news day. We’re stuffed to the gills this morning, so we’re…
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