42 Articles
Investor Relations and Business Development Manager at MTI, Ashraf El-Ghannam, said the group will focus on enhancing profitability by increasing contribution of high-profit-margin business lines, and replicating MTI’s business model to its recently consolidated subsidiary Qanawat.
EGX expected to continue fluctuating in coming sessions
Correlations Q2 of 2019 – positive for petroleum product producers; weak for consumers, petchems, steel manufacturers
Dividends distribution not expected in 2019, but could be possible in 2020
El-Lisan Hotel-Ras El bar opens July with EGP 230m investments, Shahrazad Hotel to be developed with EGP 100m investments
FV of company’s shares being determined before approval, completion of offering procedures: Okasha
The contract was presented to the ministerial committee for the settlement of investment contracts disputes yesterday, the statement said.
Company started exporting molasses tobacco to UAE, Bahrain, Oman
Company targets revenues exceeding EGP 3bn by year-end
“We aim to increase Egyptian exports to Africa to 4% of continent’s imports,” says Nassar
Nissan is negotiating with the ministry of trade and industry to establish a project in Ain Sokhna, says Tawfik
The improvement in transaction volume in June came in conjunction with the end of the holy month of Ramadan.
Mubasher aims to expand in Upper Egypt, says Sadek
New financial adviser appointed to assess fair value of deal before sending required documents to FRA
Veon declines GTH offer price to EGP 5.08m after new tax settlement
Specifically, we uncover the role of two significant determinants of long-running inflation dynamics, namely excessive monetary growth and a rise in the intensity of relative price variability
Buying selected stocks amid possibility of correcting index towards 13,900
Capital of logistics, medical funds amounts to EGP 40m, EGP 36m for educational fund, each fund volume to reach EGP 2bn
Promotions operations to offer 20% of company will include 13 countries, launch in preparation: Ebeid
The required technology structure to implement short-selling mechanism between the Misr for Central Clearing, Depository, and Registry (MCDR), the Egyptian Exchange (EGX), and brokerage companies will be finalised soon
Fund aims to invest in dry ports, transport operations, storage areas
We have achieved great success in funding traders who previously contracted with Fawry, we plan to expand this: Okasha
Company to begin calcium ammonium nitrate production by H2 of 2020
“We intend to engage in further securitisation and discounting transactions in FY 2019,” says Mansour
Public enterprise sector ministry provides EGP 1bn from the government’s IPO programme to the state treasury, with EGP 700m liquidity available in companies
Weak efficiency of EGX in creating market for exiting reduces chances of attracting direct investments
Absence of stimulus, positive news, foreign sales and trade escalation weaken the market’s attractiveness
Operational phase of company’s new factory starts in Morocco in 2020
Plan to launch another securitisation programme in pipeline before end of 2019
New plan to create two new clinics every year over course of five years, says Cleopatra CEO