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EGX slips back into the red, closing down 1.5%
The EGX30 slipped back into the red yesterday, closing down 1.5% to resume a spell of volatility that has gripped…
EGX holds steady after days of volatility
EGX holds steady after days of volatility: The EGX30 crept up yesterday to close 0.97% in the green. The index…
Sarie-Eldin departs Sodic board, former investment minister Osama Saleh joins
MOVES- Hani Sarie-Eldin has stepped down as chairman and non-executive member of Sodic’s board of directors, the company said in…
HHD scraps share sale plans after management tender flops
PRIVATIZATION WATCH- HHD scraps share sale plans after management tender flops: State-owned Heliopolis for Housing and Development (HHD) has scrapped…
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…
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…
French Institute in Egypt inaugurates Sodic West branch
French Institute inaugurates Sodic West branch: The French Institute in Egypt inaugurated this week its new branch at Sodic West’s…
Beltone, Emirates NBD tapped to manage HHD secondary offering
Beltone, Emirates NBD tapped to manage HHD secondary offering: Beltone Financial and Emirates NBD have reportedly been selected to manage…
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