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TMG says it’s not doing another JV with banks + ABUK net income up
FACT CHECK- Talaat Moustafa Group (TMG) says it hasn’t established a new real estate joint venture, dubbed Rawasi, with the…
Of Poles, Elaraby and property taxes…
Ain Sokhna could be home to a new Polish industrial zone spanning up to 1 mn sqm in the Suez…
Fire at El Marg detention facility kills 6, injures dozens
It’s a mixed bag in the foreign press this morning: Haaretz suggests that, with diplomatic efforts failing to produce a…
Earnings: state-owned El Nasr Civil Works, Egyptalum remain in the red
EARNINGS WATCH- State-owned Egyptian Aluminium Company (Egyptalum) saw its net losses narrow to EGP 348 mn in 9M2020-2021, compared to…
TONIGHT- Time running out for Israeli coalition talks + real-world data says AstraZeneca is as good as Pfizer
Hello, wonderful people. We hope you had a productive day and are looking forward to unwinding tonight before we’re all…
Semiconductor shortage could take years to be resolved
Remember that semiconductor shortage? It’s likely to stay with us for a while: A global lack of semiconductors — essential…
Eastern, Oriental Weavers report rising profit + Oza sees “geopolitics” weighin on Egyptian shares
EARNINGS WATCH- Eastern Company posted a 47% increase in its bottom line in 3Q2020-2021, reporting earnings of EGP 1.35 bn…
Raya Holding is back into the green
EARNINGS WATCH- Raya reverses its net loss position in 1Q2021: Raya Holding reported a bottom line of EGP 35.8 mn…
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