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What the markets are doing on 28 February 2021
The global economic recovery is looking increasingly uneven, with a “dangerous divergence” opening up between the developed and developing worlds,…
Earnings watch: Export Development Bank, EG Bank
The Export Development Bank of Egypt reported consolidated net profits of EGP 409.7 mn in 2H2020, down 32% y-o-y from…
What the markets are doing on 4 February 2021
Netflix’s MENA rival just hit the jackpot: Regional streaming service Starzplay has received USD 25 mn in debt financing from…
Abu Qir’s net income up 3.59% y-o-y in 2H2020
Abu Qir Fertilizers’ net income rose almost 4% to EGP 1.49 bn in 2H2020, from EGP 1.44 bn during the…
What the markets are doing on 21 January 2021
Earnings season continues in the US of A: Morgan Stanley has its best year ever in 2020 after profits grew…
What the markets are doing on 20 January 2021
Earnings season is kicking into high gear in the US: Goldman Sachs’ bottomline more than doubled y-o-y to USD 4.5…
You can breathe now
Leading private-sector commercial bank CIB reported net income of EGP 2.35 bn for 3Q2020 as it released its first set…
Ezz Steel losses narrow to EGP 1.3 bn in 3Q2020
Ezz Steel reported consolidated net losses of EGP 1.34 bn in 3Q2020, narrowing losses from EGP 1.85 bn in 3Q2019,…
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