As discussions on approving the wage scale are ongoing, however in their final stages, it is important to shed the light on the education sector as the educational body in the public sector constitutes a ... read more
We revise up our target price on El Sewedy to EGP 37.71 per share, issuing an ACCUMULATE rating as the easing political and economic situations in Egypt continue to drive the equity market’s performance ... read more
We revise down our target price on Global Telecom to EGP 4.20 from a previous EGP 5.18, updating our recommendation to REDUCE in the absence of clear prospects for the future. We believe the upside ... read more
Oil is no longer the world’s most valuable commodity, water snatched the title. Numerous statements were recently published explaining that one bottle of water’s price will soon match that of one bottle of ... read more
We revise our target price on Talaat Moustafa up to EGP 9.17 per share from EGP 6.18 per share previously after it was reached during December 2013 and continues to surge. Our favorable rating is supported ... read more
Despite a strategic location in the Middle East and accustomed free trades, circumstances remain against Lebanon becoming the region’s hub in terms of international trade, investment and tourism. Lebanon’s ... read more
We maintain an ACCUMULATE rating on Ezz steel, revising our target price up to EGP 19.78 per share on easing levels of political tensions and economic uncertainties. Revenues increased by 7.7% y-o-y to ... read more
We lower our target price on Holcim Liban (HL) to USD 14.62 from USD 15.10 previously. Holcim shares are yielding a very attractive 5%-7% in dividends but the political unrest sweeping the Arab World ... read more
The combination of a worsening situation in Syria, an internal instability and a political deadlock had their toll on the performance of the Lebanese economy. The International Monetary Fund’s (IMF) ... read more
This website uses cookies in order to improve user experience. If you close this box or continue browsing, we will assume you agree with this. For more information click here