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MNHD’s consolidated net income down 53% in 1H2021
Madinet Nasr Housing and Development’s (MNHD) consolidated net income fell 53% y-o-y in 1H2021 to EGP 228.6 mn, down from…
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New closing price mechanism to come on 2 September + Farid gets new four-year term as EGX boss
MARKET NEWS- The new mechanism for calculating closing share prices will come into effect on 2 September, the bourse said…
CBE, EGX confirm Thursday holiday; Solid 2Q Aramco earnings; Tokyo 2020 is over; China to ship 2 bn vaccines;
Good afternoon, ladies and gentlemen. After an uncharacteristically busy first week of August, it seems we’re right back down to…
Aramco hikes prices in Asia and the US + Nvidia’s Arm purchase hits hiccup
Saudi Aramco raised September oil prices for buyers in Asia and the US, in a show of confidence for a…
A second covid summer isn’t good for EM that rely on tourism + Wall Street is loving earnings season
A second covid summer will hit tourism-reliant economies hard, with many emerging economies missing out on potential revenues as the…
Emaar Misr net income doubles in 2Q2021
Emaar Misr’s net income almost doubled in 2Q2021 to EGP 801.1 mn, up from EGP 409 mn in the same…
Hedge funds are coming for unlisted companies + Murdoch buys IHS’ energy info service
PE, watch out: Hedge funds are starting to eye up unlisted companies: Third Point, Marshall Wace, and BlueCrest Capital are…
Earnings watch: Edita, Etisalat Misr
Edita’s bottom line surged over twenty five-fold y-o-y in 2Q2021 to EGP 83 mn from EGP 3.1 mn in the…
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