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Earnings watch: CI Capital + Raya Holding
EARNINGS WATCH- CI Capital reported EGP 796 mn in net income after tax and minority interest in 2022, rising 17%…
THIS EVENING: The FRA wants to give short selling a boost with a select pool of licensed stocks + StartupLand scrambles to contain Silicon Valley Bank fallout
Good afternoon, ladies and gentlemen, and welcome to the end of the start of the week. Things are still on…
Sinai Cement narrows losses in 2022
EARNINGS WATCH- Sinai Cement’s consolidated net losses narrowed to EGP 330.4 mn in 2022, from EGP 354 mn the year…
THIS EVENING: EGX looking at new temporary listings + Inflation surges in February + CBE hikes InstaPay transaction limits
Happy THURSDAY, friends. We’re wrapping up the first full workweek of March with a whole lot of big news stories…
What the markets are doing on 8 March, 2023
The EGX30 fell 0.7% at today’s close on turnover of EGP 1.6 bn (21.9% below the 90-day average). Local investors…
What the markets are doing on 7 March, 2023
The EGX30 fell 2.2% at today’s close on turnover of EGP 1.9 bn (6.9% below the 90-day average). Local investors…
Ezz Steel forecasts EGP 8.3 bn in losses on EGP depreciation. Plus: Smartphone assembly, mature oil fields, BdC’s e-payments arm — and plenty more
MANUFACTURING- Ezz Steel forecasts EGP 8.3 bn in losses on EGP depreciation: Ezz Steel expects to record losses of EGP…
What the markets are doing on 2 March, 2023
Ibnsina Pharma’s net income dropped 45.2% y-o-y to EGP 172.6 mn in 2022, according to the company’s earnings release (pdf).…
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