news

Palm Hills Developments’ COO resigns
27 - Mon - Apr - 2020
Palm Hills Developments’ COO resigns
 Palm Hills Developments Company approved the resignation of its chief operating officer (COO) and board member Mohamed Mahmoud Fahmy Soliman, according to a bourse disclosure on Monday.The reason for resignation wasn’t disclosed.It is noteworthy to mention that in 2019, Palm Hills Developments achieved net profits of EGP…
Juhayna’s profit surges 60% YoY in Q1-20
27 - Mon - Apr - 2020
Juhayna’s profit surges 60% YoY in Q1-20
Juhayna Food Industries reported a 60% year-on-year (YoY) profit increase during the first quarter of 2020, the consolidated financial statements showed.The company achieved net profits of EGP 113.62 million in Q1-20, compared to EGP 71.14 million in the year-ago period, including minority shareholders’ rights, according to a bourse disclosure on…
Middle East Glass’ board cancels capital raise plan on coronavirus
27 - Mon - Apr - 2020
Middle East Glass’ board cancels capital raise plan on coronavirus
The board of directors of Middle East Glass Manufacturing Co. decided to cancel its plan to raise its issued capital to EGP 83.12 million due to the repercussions of the coronavirus (COVID-19) outbreak.The decision will be referred to the company’s extraordinary general meeting (EGM) for approval, according to a…
Oriental Weavers Carpet’s shareholders approve EGP 0.65/shr dividends for 2019
27 - Mon - Apr - 2020
Oriental Weavers Carpet’s shareholders approve EGP 0.65/shr dividends for 2019
The ordinary general meeting (OGM) of Oriental Weavers Carpet approved a proposal to distribute cash dividends of EGP 0.65 per share for 2019.The dividends will be distributed in July, the company said in a statement to the Egyptian Exchange (EGX) on Monday.The company’s shareholders also approved the purchase of…
Egyptian Stock Exchange Morning Report 27-04-2020
27 - Mon - Apr - 2020
Egyptian Stock Exchange Morning Report 27-04-2020
Egyptian Exchange Morning Report 27-04-2020general news, corporate news, global indices,global indices,official exchange rates,commodities, interest ratesmacroeconomicindicator, stock picks,calendar.Please read or drive from the attached link◄