• Sunday, 28 March 2021

    Emaar Misr to establish EGP 37.8 bn residential project in Sheikh Zayed

    Emaar Misr will spend EGP 37.8 bn developing a 500-feddan residential project dubbed “Belle Vie” in Sheikh Zayed after signing a land allocation agreement with the New Urban Communities Authority, the company said in an EGX disclosure (pdf). Emaar had...
  • Sunday, 28 March 2021

    Emaar Misr to establish EGP 37.8 bn residential project in Sheikh Zayed

    Emaar Misr will spend EGP 37.8 bn developing a 500-feddan residential project dubbed “Belle Vie” in Sheikh Zayed after signing a land allocation agreement with the New Urban Communities Authority, the company said in an EGX disclosure (pdf). Emaar had...
  • Tuesday, 2 February 2021

    Last Night’s Talk Shows on 2 February 2021

    There was no single story leading the conversation on the airwaves last night, but continued rumors about the Nipah virus led Al Hayah Al Youm’s Lobna Assal (watch, runtime: 07:34) and Ala Mas’ouleety’s Ahmed Moussa (watch, runtime: 7:40) to each...
  • Monday, 16 November 2020

    Earnings Watch: At the buzzer: Lots and lots and lots of 3Q2020 earnings

    EARNINGS WATCH- Lots and lots of companies released earnings at the buzzer yesterday, the final day for listed corporations to release their 3Q numbers without incurring late fines. CIB will postpone the release of its third quarter financials until the...
  • Monday, 10 August 2020

    Your top education stories of the week

    Your top five education stories of the week: Egypt received a USD 15 mn grant from the United States Agency for International Development (USAID) to improve basic education for students and literacy for adults as well as train new teachers.Emaar...
  • Monday, 10 August 2020

    Earnings watch: Emaar Misr turns a profit in 2Q2020

    EARNINGS WATCH- Emaar Misr recorded a net profit of EGP 366 mn 2Q2020, up from a net loss of EGP 324 mn in the same period last year, according to the company’s quarterly financial statements (pdf). This came despite revenue...
  • Thursday, 6 August 2020

    Emaar Misr obtains approval for EGP 11.5 bn Cairo Gate project

    Emaar Misr has obtained Housing Ministry approval for the blueprint of its EGP 11.5 bn Cairo Gate residential project in Sheikh Zayed City, which will be implemented within seven years, reports the local press.
  • Wednesday, 10 June 2020

    Earnings watch: Ibnsina Pharma, Emaar Misr

    EARNINGS WATCH- Ibnsina Pharma has reported a 19.8% increase in 1Q2020 net profits to EGP 50.3 mn, from EGP 42 mn in the same period last year, it said in its earnings report (pdf). Revenues for the quarter jumped 19.2%...
  • Tuesday, 9 June 2020

    BRIEFLY NOTED- CBE’s POS machines, Emaar Misr says Cairo Gate isn’t new, Sika closes Bitumode acquisition

    BRIEFLY NOTED- It will cost the central bank EGP 500-600 mn to finance the cost of rolling out 100k point-of-sale machines nationwide, Al Mal. The machines are rolling out as part of the CBE’s digital push. The CBE is also...

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