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Edita net income grows by a quarter in 1Q2021
Edita’s net income grew 25.3% y-o-y in 1Q2021 to EGP 80.7 mn on the back of recovering consumption “coupled with…
What the markets are doing on 5 May 2021
SUPERCYCLE WATCH- It looks like the “perfect storm” for a commodities supercycle is here: Demand for agricultural commodities, industrial metals,…
Meet our analyst of the week: Arqaam Capital’s Nour Eldin Sherif
OUR ANALYST OF THE WEEK- Nour Eldin Sherif, associate director at Arqaam Capital (Linkedin). My name is Nour Eldin Sherif…
What the markets are doing on 28 April 2021
Yesterday was a huge day for tech earnings: Google parent Alphabet smashed sales records in 1Q thanks to a splurge…
What the markets are doing on 15 April 2021
Coinbase shares closed at USD 328.28 on their debut on the Nasdaq yesterday, 31% higher than their USD 250 reference…
National Bank of Egypt profits drop 40% in 2019-2020
State-owned National Bank of Egypt’s net income declined 40% to EGP 13.1 bn in its 2019-2020 fiscal year, compared toEGP…
TMG Holding income falls 11% in 2020
Talaat Moustafa Group’s (TMG) net income declined 11% in 2020 to EGP 1.7 bn, compared to EGP 1.9 bn a…
Earnings watch: Ibnsina, EKH, Palm Hills, Al Baraka Bank, Domty
Ibnsina Pharma’s net income tumbled 71% y-o-y in 4Q2020 to EGP 24.2 mn, down from EGP 83.2 mn in 4Q2019,…
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