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MTI results fall short of expectations for Q2 of 2020

The company reported a bottom-line of EGP 103m, down 13% year-on-year (y-o-y), and down 2.9% quarter-on-quarter (q-o-q), beating consensus but short of estimate for the quarter. MTI also reported that its gross profit margin (GPM) improved 3.2pps y-o-y, but remained flat q-o-q,

Alyaa Stohy

MTI e-payments arms target EGX debut year-end

Investor Relations and Business Development Manager at MTI Ashraf El-Ghannam said MTI is establishing two consumer finance arms this year. One of the new companies is for auto finance and its establishment procedures have been completed, and it began operating last month.

Alyaa Stohy

MTI ‘flirts’ with its customers in Porto Marina

MTI, the exclusive agent for Jaguar and Land Rover in Egypt, has organised a driving test for the company’s customers and media professionals over the last three days to try the company’s products for 2018, which will appear for the first time during this event. The company has organised the driving test on all its …

Mohamed Aboul-Fotouh

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