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Earnings season still going strong: Ezz Steel, ODE, AMOC, Prime Holding, RCC, and B Investments report results
Ezz Steel posted a net income of EGP 1.4 bn in 3Q2021, after seeing a loss of EGP 1.3 bn…
Is Ezz Steel looking to acquire a stake in Egyptian Steel?
MARKET NEWS- Is Ezz Steel looking to acquire a stake in Egyptian Steel? In a bourse disclosure (pdf) today, Ezz…
EGX up 2.8% YTD
The EGX30 fell 0.3% at today’s close on turnover of EGP 1.6 bn (3.6% above the 90-day average). Foreign investors…
Rameda net income up 60% in 2Q2021
EARNINGS WATCH- Tenth of Ramadan for Pharma Industries and Diagnostic Reagents’ (Rameda) net income rose 60% to EGP 31.5 mn…
Ezz Steel finally turns profitable (and in a big way) + Pioneers to soon finalize split
EARNINGS WATCH- Ezz Steel reverses loss in 1Q2021: Ezz Steel reported a record consolidated profit of EGP 1.2 bn in…
Ahmed Ezz takes direct controlling stake in Ezz Steel
Ahmed Ezz now directly owns a controlling stake in Ezz Steel after purchasing a 33.4% stake in the company from…
The kids may be struggling, but covid has been a boon for executive education
K-12 and university students have struggled to juggle in-person and online learning since the pandemic broke out, but executive education…
FRA introduces new regulations on margin trading
The EGX30 fell 1.4% at today’s close on turnover of EGP 789 mn (45.2% below the 90-day average). Foreign investors…
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