CIRA studies acquisition opportunities, plans to invest EGP 800m in 2021
CIRA issued sukuk bonds worth EGP 600m, and gained 75 bps above…
Ebtikar restructures to include only Masary, Bee for e-payment before EGX debut
Company plans to put Basata on EGX in 2022 after transferring non-banking…
Egyptian Exchange eyes breaking 11,675 points resistance level this week
EGX30 closed at 11,546.32 points, recording decline of 0.45% last week
CI Capital’s Taaleem for education management to conclude IPO by H1 2021 end
Taaleem reported EBITDA margin north of 50%, while being cash rich, debt…
Banque Misr submits tender offer to acquire 90% stake in CI Capital
News of Banque Misr’s intention to acquire further shares in CI Capital…
Egypt scores EGP 1.8bn in profit share at Misr Insurance Holding Company
Establishment of medical insurance companies, financial leasing, factoring, consumer financing, and micro-finance…
Oriental Weavers expects sales of EGP 10.1bn in 2021
Company aims to increase prices by 3% in 2021, capex expected to…
Ezz Steel to turn profitable by Q2-Q3, if strong market conditions continue
Company hopes to produce 1.8m tonnes of flat steel, between 3m-3.5m tonnes…
Orascom in negotiations to acquire stake in Ras Ghareb wind farm
Orascom targets more projects that have BOO scope
Egyptian government continues support for far-reaching reform plans
Work underway to complete technological infrastructure and trading systems, whilst introducing new…