We initiate coverage on Global Telecom Holding, an Egyptian mobile telecommunications company, with an ACCUMULATE rating and a target price of EGP 5.18 Read More
This report contains the second public release of data collected from the new monthly survey of business conditions in the Lebanese private Read More
The gap further widened between oil importers and oil exporters in the Middle East during the third quarter of 2013. The formers’ economies Read More
We revise our target price on TMG up to EGP 6.18 per share, representing an upside potential of 10.2% over the recent closing price Read More
This report contains the first public release of data collected from the new monthly survey of business conditions in the Lebanese private Read More
We revise our target price on Ezz Steel up to EGP 12.07 per share from EGP 10.27 per share previously, using a WACC of 20% Read More
The second quarter of 2013 was characterized by mass events that threatened to flip the regional status-quo of the Middle East, thus halting Read More
We maintain a HOLD rating on Solidere with a 6-month target price of USD 13.31, a 4.1% premium over today’s closing price of Read More
We lower our target price on Holcim Liban (HL) to USD 15.10 from USD 15.21 previously, maintaining a HOLD recommendation. HL appears to be Read More
We value El Sewedy Electric at EGP 19.00 per share presenting a 9.13% premium over its recent closing price. This led us to maintain Read More
