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Earnings watch: Rameda Pharma, GB Auto and Contact Financial report FY2021 earnings
Tenth of Ramadan for Pharma Industries and Diagnostic Reagents (Rameda) reported an 18.8% increase in net income in 4Q2021 to…
Etisalat could push into Egypt’s fintech sector following rebrand to “e&”
Etisalat is now e& — and the rebranded firm wants in on our fintech sector: The UAE’s largest telecoms operator…
Orange Egypt’s revenues rise on home internet growth
Orange Egypt’s revenues rose almost 11% y-o-y to EUR 960 mn in 2021 on the back of growth in the…
Earnings watch: AMOC, ADCB Egypt
EARNINGS WATCH- Alexandria Minerals and Oil Company (AMOC) recorded EGP 407.5 mn in net income in 2H2021, compared to EGP…
Aldar could target retail + education acquisitions in Egypt
Egyptian retail + education assets could be in Aldar’s crosshairs: Aldar Properties will spend at least AED 5 bn (c.…
Credit Agricole Egypt reports highest quarterly earnings since 1Q2020
EARNINGS WATCH- Credit Agricole Egypt (CAE) generated its highest net income in almost two years in 4Q2021, reporting (pdf) a…
CIRA reports 1Q2021-2022 financials
CIRA net income down in 1Q2021-2022 on expansions, higher debt costs: Net earnings at private sector education outfit CIRA eased…
THIS MORNING: US Chamber of Commerce COP27 conference continues; Wild day in US stocks; IMF outlook out today; Fed meeting starts today.
Good morning, wonderful people, and happy hump day. What are you doing this morning to stay warm? Most of us…
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