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Admaius inks strategic partnership with local pharma player. PLUS: News from Madinet Masr, ACDIMA, Social Housing Fund
Matouk Bassiouny advised Admaius Capital on the transaction and Zilla Capital was the sole financial advisor to Parkville
Earnings watch: Telecom Egypt, MM Group, Housing and Development Bank, Raya Holding, Eastern Company, and Abu Qir Fertilizers report results
EARNINGS WATCH- Telecom Egypt reported EGP 4.1 bn in normalized net income in 1Q 2023, rising 144% y-o-y, according to…
Basel El Hini named HDB non-executive chairman -local media
El Hini stepped down as MIH’s chairman and managing director in January
Egypt Education Platform + Modon to launch new school in Alex in 2025. PLUS: News from Banque Misr, MaxAB, Kandil Steel, Qardy, NOSCO, Mastercard and Skoda
Construction on the school will start next year.
Three in, three out as EGX30 rebalances
The EGX30’s semiannual rebalancing is done, the EGX said in a statement out yesterday. In: Abu Dhabi Islamic Bank Egypt,…
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…
Housing and Development Bank, Palm Hills report rise in net income
Housing and Development Bank’s (HDB) net income rose 5% in 4Q 2021 to EGP 396 mn, according to the bank’s…
You can now short, buy on margin and day trade these EGX stocks
The EGX has shuffled its list of securities eligible for same-day trading, margin trading and short selling as part of…
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