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MNHD’s consolidated net income down 53% in 1H2021
Madinet Nasr Housing and Development’s (MNHD) consolidated net income fell 53% y-o-y in 1H2021 to EGP 228.6 mn, down from…
BalancED to set up EGP 500 mn int’l school in MNHD’s Taj City
BalancED is setting up a K-12 international school in Madinet Nasr Housing and Development’s (MNHD) Taj City in East Cairo…
Drop in 1Q income thanks to unfavorable base effect -MNHD
EARNINGS UPDATE- The sizable fall in Madinet Nasr Housing and Development’s (MNHD) net income in 1Q2021 was due to an…
MNHD’s consolidated net income falls 70% in 1Q2021
Madinet Nasr Housing and Development’s (MNHD) consolidated net income fell 70% to EGP 114.5 mn in 1Q2021, down from EGP…
MNHD CEO Ahmed El Hitamy resigns
Madinet Nasr Housing and Development CEO Ahmed El Hitamy (LinkedIn) has resigned to join his family business, the company said…
How auto’s recovery is playing out in the markets
The EGX30 fell 0.8% at today’s close on turnover of EGP 1.59 bn (8.5% above the 90-day average). Foreign investors…
A smattering of M&A news to keep things interesting
Nutrien has agreed to drop its arbitration claims against a subsidiary of Misr Fertilizers Production Company (Mopco) as part of…
Tons and tons of M&A news
Greek energy company Energean has completed the acquisition of Edison’s energy portfolio, which includes substantial oil and gas assets in…
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