Abu Qir Fertilizers to report strong results in 1Q FY21
The company’s top-line is estimated to come in at EGP 2.069bn, reflecting…
Delta Sugar posts losses in Q3 of 2020 due to weak demand
The company’s gross margin plummeted to -17.0% versus 23.3% and 2.6% in…
Oriental Weavers’ to participate in new export rebate programme
Oriental Weavers’ export rebate backlog stood at EGP 317m by the end…
Egyptian cement sales surge 10% m-o-m in September
Demand for cement in September rises to highest since April 2020
Egypt pharmaceutical sales increase 14% y-o-y to EGP 7.7bn in September
For the first nine months (9M) of 2020, total pharmaceutical sales sales…
Egypt government aims to increase VAT on snacks, sweets to 14%
Naeem Research sees that the amendments, if approved, would affect snacks and…
Private placement of Azimut’s fixed income fund oversubscribed with EGP 295.3m
The amount represents almost six times the preliminary targeted subscription, leading the…
CIB awaits CBE audit report following chairperson’s resignation
Two audit firms to look into CBE report on CIB violations, should…
EGX loses over EGP 10bn due to panic selling in CIB shares
CIB price falls by 10%, but purchases by local portfolios and funds…
Dana Gas signs agreement to sell onshore assets in Egypt
The company however, will continue to retain its onshore and offshore exploration…