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Logistics (MENA) 
Earnings watch: Sodic, Edita, GB Auto, TMG
EARNINGS WATCH- Sodic reports strong growth in contracted sales, guides for 15% sales growth this year: Sodic’s net profit rose…
Emerald’s shares rise 3.46% on EGX debut day
IPO WATCH- Emerald’s shares rise on EGX debut day: Small cap real estate investment firm Emerald’s share price edged up…
El Nasr Mining Company to offer 22% of its shares on the EGX
PRIVATIZATION WATCH- El Nasr Mining Company to offer 22% of its shares in IPO: The Holding Company for Metallurgical Industries’…
Sodic on the offense on HHD tender
PRIVATIZATION WATCH- Sodic goes on the offense on HHD tender, says conditions were untenable: Real estate developer Sodic decided against…
PHD revenues fell 16% in FY2019
EARNINGS WATCH- Palm Hills Development’s net profit after tax and minority interest revenues inched up 4% y-o-y 2019 to EGP…
Emerald shares to begin trading on Egypt’s bourse on Wednesday
IPO WATCH- Real estate player Emerald’s shares will officially begin trading on the EGX tomorrow, according to a regulatory filing.…
Real Estate Registry Act receives committee-level nod from Egypt’s House
LEGISLATION WATCH- Real Estate Registry Act receives nod from House committee: The House Legislative Committee has greenlit amendments to the…
Retail component of Emerald Real Estate Investment IPO 17.7x oversubscribed
IPO WATCH- Emerald’s IPO retail component 17.7x oversubscribed: Retail investors have put in orders for 61.9 mn shares for Emerald…
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