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OIH, Dice report 1Q2021 earnings
EARNINGS WATCH- Orascom Investment Holding (OIH) reported net losses of EGP 31 mn in 1Q2021, compared to a net income…
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…
Palm Hills Development scores an impressive 1Q2021
Palm Hills Development’s bottomline soared 152% y-o-y to EGP 205 mn during 1Q2021, up from EGP 81 mn in 1Q2020,…
Pioneers, Arab Dairy report higher net income in 1Q2021, Kabo narrows losses
EARNINGS WATCH- Pioneers Holding net income inched up to EGP 299.6 mn in 1Q2020, up 10.4% y-o-y from EGP 271.3…
Fawry sees bottom line surge in 1Q2021
The EGX30 rose 0.75% at today’s close on turnover of EGP 1.29 bn (2.2% above the 90-day average). Foreign investors…
OC, CI Capital, Crédit Agricole report 1Q2021 earnings
EARNINGS WATCH- Orascom Construction (OC) reported a bottom line of USD 23.9 mn in 1Q2021, down 4.4% y-o-y from USD…
Ebtikar pushing forward with IPO of e-payment units
Ebtikar is on the road to IPO as spin-out begins: Ebtikar has transferred the shares of Tamweel Holding to a…
The Great Lebanese Bank Sell Off: Act II
FAB is acquiring Bank Audi’s Egypt arm: First Abu Dhabi Bank (FAB) has signed a final agreement to acquire 100%…
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