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ADQ is buying … a lot
Abu Dhabi wealth fund ADQ is acquiring state-held stakes in Abu Qir Fertilizers, Mopco, and Alexandria Container & Cargo Handling,…
Earnings watch: Mopco
EARNINGS WATCH- Misr Fertilizers Production Company (Mopco) saw its bottom line rise 92% y-o-y in 2021 to EGP 4.79 bn,…
Mopco sees 171% y-o-y increase in bottom line in 3Q2021
EARNINGS WATCH- Misr Fertilizers Production Company (Mopco) reported a 171% y-o-y increase in its bottom line in 3Q2021 to EGP…
New closing share price mechanism will come on 5 September
MARKET NEWS- The date for instituting the new mechanism for calculating closing share prices has been moved to Sunday, 5…
New closing price mechanism to come on 2 September + Farid gets new four-year term as EGX boss
MARKET NEWS- The new mechanism for calculating closing share prices will come into effect on 2 September, the bourse said…
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…
Neo’s got nothing on us
Canadian fertilizer producer Nutrien has sold its entire 26% stake in state-owned Misr Fertilizers Production Company (Mopco) in a USD…
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…
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