Investment banking

Investment banking

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Asset Management

Asset Management

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Investment Research

Investment Research

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Securities Brokerage

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Prime Wathaek

Prime Wathaek

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Custody

Custody

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latest reports


Prime Holding

August 11, 2020


Prime Holding [PRMH] announced the establishment of Prime FinTech, a platform that will be involved in setting up NBFI companies engaged in consumer finance, factoring, leasing, and cards and wallets. With a capital of EGP50mn, PRMH pursues a holistic approach in addressing the NBFI market. Meanwhile, PRMH has decreased its stake in Al Tawfeek for

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Mansoura Poultry

August 11, 2020


Mansoura Poultry’s [MPCO] Q2 2020 net profit shot up 344% y/y to EGP9.4mn as revenues surged to EGP43mn vs. EGP28mn in Q2 2019. Meanwhile, gross profit reached EGP11.3mn, up from EGP2.91mn in Q2 2019.

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Core inflation

August 11, 2020


Egypt’s core inflation decreased to 0.7% in July, down from 1% in June.

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market indices


EGYPTIAN EXCHANGE EGX30 INDEX

10962.52
10817.29
1.3 %

EGYPTIAN EXCHANGE EGX70 INDEX

1604.04
1588.05
1.01 %

EGYPTIAN EXCHANGE EGX100 INDEX

2464.75
2436.78
1.1 %

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