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TMG posts 21% jump in net income in 2Q
Plus: Orascom Development Egypt, E-finance, and El Sewedy Electric earnings
Oriental Weavers counts carbon to clear new green trade hurdles
Plus: Valmore Holding sees revenues rise 24% y-o-y in 2025
Raya Holding, EKH, Ibnsina, and more report earnings
Raya Holding saw its net income after minority interest rise 47.0% y-o-y during 9M 2025
Valu, Bonyan, Raya CX and more report earnings
Valu saw its net income jump 121% y-o-y during 2Q 2025 to EGP 217 mn
Banque Misr backs the country’s first onshore private investment in public equity fund. PLUS: Arab Contractors + CSCEC, Oriental Industrial Projects
Its other backers include E-finance, CIB, Suez Canal Bank, Misr Life Ins., and Midbank
ExxonMobil to drill first exploratory well in Egypt in October. Plus: Oriental Weavers’ net income doubles in 2023
Exxon is also gearing up to explore for gas in its Masry and Cairo other two concessions this year
MEC buys back UCP shares from US shareholder. PLUS: News from Hassan Allam, Thales, Elsewedy Electric, Oriental Weavers
HO Group’s pharma arm is now the sole owner of United Company of Pharmacists
Our Manufacturer of the Month: Oriental Weavers
Oriental Weavers exports some 70% of its products to major retailers including Ikea and Walmart.
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