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EGX30 up 2.7% YTD
The EGX30 rose 0.4% at today’s close on turnover of EGP 1.4 bn (81% below the 90-day average). Egyptian investors…
Meet our analyst of the week: Prime Holding’s Mohamed Saad
OUR ANALYST OF THE WEEK- Mohamed Saad, senior equity research analyst at Prime Holding (LinkedIn). My name is Mohamed Saad…
NBK Egypt a step closer to delisting, Telecom Egypt making bank
NBK Egypt board agrees to EGX delisting: The board of directors at the National Bank of Kuwait (Egypt) has agreed…
Sidpec rebounds from tumultuous 2020 in 1Q
Sidpec is beginning to recover from last year’s tumult in the energy markets: Sidi Kerir Petrochemicals (Sidpec) generated net income…
GB Auto reports record bottom line despite revenue slump
GB Auto reported a record high bottom line in 2020 despite poor market conditions caused by the covid-19 pandemic weighing…
Earnings Watch: Palm Hills, Pioneers Holding, Sidpec, Suez Cement
EARNINGS WATCH- Palm Hills Developments (PHD) saw its net profits fall by 42% to EGP 81 mn in 1Q2020 from…
Egypt’s Sidpec appoints Mohamed Ibrahim as chairman and managing director
MOVES- Mohamed Ibrahim (Linkedin) has been tapped as Sidi Kerir Petrochemicals’ (Sidpec) new chairman and managing director, according to the…
NI Capital to select quarterback for Sidpec stake sale in September
IPO WATCH- NI Capital to select quarterback for Sidpec stake sale in September: State investment bank NI Capital will announce…
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