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MSCI adds Ezz Steel, Heliopolis Housing to its small-cap index
Ezz Steel and Heliopolis Housing have been added to MSCI’s small cap index following its quarterly review. Heliopolis Housing is…
Heliopolis Housing is putting its Heliopark project back out to tender
Mountain View is no longer on board to co-develop Heliopark: Heliopolis Housing has scrapped plans to co-develop its Heliopark project…
HCCD reportedly in talks to sell land to Gulf investors
Gulf investors are reportedly interested in HCCD’s land bank, assets: The state-owned parent of Heliopolis Housing is in talks with…
Earnings watch: HDB + Heliopolis Housing report 1Q 2022 results
EARNINGS WATCH- Housing and Development Bank’s (HDB) net income fell 3.5% y-o-y in 1Q 2022 to EGP 628 mn, according…
MSCI adds EFG Hermes to global standard index, e-Finance enters small-cap index
MSCI tweaks Egyptian firms included in its global indices: EFG Hermes has been added to MSCI’s standard equities index from…
GAFI could ban forex payments between shipping + cargo handling firms
No more USD payments on cargo handling? The Finance Ministry has directed the General Authority for Investments and Freezones to…
State privatization program to resume in March -Maait
Privatization program to resume in March -Maait: We can expect more state-owned companies to offer shares on the EGX in…
Egypt preparing bid for 2036 Olympics
Egypt wants to host the Olympics: Egypt plans to submit an official bid to host the 2036 Summer Olympics, according…
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