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Earnings watch: MM Group
EARNINGS WATCH- MM Group’s bottom line rose 1.3% y-o-y to EGP 375.46 mn in 2021, according to the company’s financials…
Arabia Investments wins appeal in years-long lawsuit against Peugeot
A Cairo court has upheld Arabia Investments Holding’s appeal in its years-long EUR 150 mn lawsuit against Peugeot, filed in…
CIB to distribute dividends to shareholders next Thursday
MARKET NEWS- CIB will distribute next Thursday dividends to its shareholders on 1.98 bn shares at EGP 1.35 per share,…
Khazna wants a SPAC to call its own
Fintech startup Khazna could set up a SPAC in 2024, a company spokesperson told Enterprise, confirming a report from Al…
Market roundup on 27 March
The EGX30 fell 1.4% at today’s close on turnover of EGP 1.0 bn (3% above the 90-day average). Foreign investors…
Earnings watch: Alexandria New Medical Center
EARNINGS WATCH- Alexandria New Medical Center’s net income rose 27% y-o-y to EGP 26.45 mn in FY 2021, according to…
Earnings watch: Egyptian Resorts Company
EARNINGS WATCH- Egyptian Resorts Company saw its losses decline to EGP 4.5 mn in FY2021 compared to losses of EGP…
Earnings watch: Maridive Oil and Services, Arab Dairy
EARNINGS WATCH- Maridive Oil and Services narrowed its losses to USD 78.07 mn in FY2021, down from USD 143.26 mn…
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