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Industrial stocks are mostly doing well — and match their financial performance
A year ago, industrial stocks were on a downward trajectory, even as companies reported strong earnings
What the markets are doing on 15 August, 2023
EARNINGS WATCH- Oriental Weavers reported EGP 290 mn in attributable net income in 2Q 2023, up 37% y-o-y, according to…
Rameda revenues up 14% while profits slip in 1Q 2023. PLUS: EKH, Oriental Weavers report 1Q23 earnings
Rameda’s private sales generated more than half of the company’s revenues during the quarter.
Now is the time to act on exports — so where do we start?
Investing in globally in-demand sectors that can be produced locally will help build sustainable value chains
What the markets are doing on 27 February, 2023
Oriental Weavers’ net income fell 22% y-o-y to EGP 944 mn in 2022, according to its earnings release (pdf). Revenues…
B Investments exits TotalEnergies Egypt
B Investments sells entire stake in TotalEnergies Egypt: BPE Partners’ B Investments has agreed to sell its entire 6.38% stake…
Charges against Mada Masr journalists dominates the conversation on Egypt in the international press
Leading the coverage on Egypt in the foreign press this morning: Prosecutors have charged the editor of Mada Masr, Lina…
Oriental Weavers is planning a new factory
Carpet maker Oriental Weavers is planning to build a USD 50 mn factory in Tenth of Ramadan over the next…
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