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Orascom, Obour Land, MM Group and EG Kuwait Holding Co. are lining up for stock buybacks
Orascom, Obour Land, Raya, MM Group and EKH jump on the stock buybacks wagon: Orascom Development Egypt (ODE), Raya Holding,…
Speed Medical to finalize Safwa labs acquisition by 3Q2020
M&A WATCH- Speed Medical to finalize Safwa labs acquisition by 3Q2020: Speed Medical is planning to finalize its acquisition of…
HHD scraps share sale plans after management tender flops
PRIVATIZATION WATCH- HHD scraps share sale plans after management tender flops: State-owned Heliopolis for Housing and Development (HHD) has scrapped…
GB Auto, Palm Hills, Arabia Investments plan stock buybacks
GB Auto, Arabia Investments, Palm Hills plan stock buybacks: GB Auto, Palm Hills, and Arabia Investments are all looking to…
Uncertainty over BdC IPO date as covid-19 roils markets
PRIVATIZATION WATCH- Uncertainty over BdC April IPO as covid-19 roils markets: State-owned Banque du Caire (BdC) plans to make its…
What we’re tracking on 4 March 2020
It was a return to normalcy on the EGX yesterday following Sunday’s tumultuous trading session and Monday’s half-hearted rebound. The…
Palm Hills Egypt board approves purchase of 62 mn treasury stocks
Palm Hills Development’s (PHD) board of directors approved the purchase of 62.351 mn treasury stocks to hedge against the "unjustified"…
Earnings watch: Emaar Misr's profits halve in 2019
EARNINGS WATCH- Emaar Misr's profits halve in 2019: Emaar Misr profits fell by 49% to EGP 1.74 bn in 2019,…
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