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PHAR and EAST Provide Updates, Orascom Construction Signs Contract


Abu Qir Fertilizers (ABUK) has announced its earnings report for the financial year ending 2022/2023, revealing impressive performance with a notable year-on-year growth of 61.7%. The company's net profit surged to EGP 14.6 billion, a substantial increase compared to the previous period's figure of EGP 9.05 billion in the 2021/2022 FY.


Furthermore, Abu Qir Fertilizers witnessed a remarkable rise in earnings per share, reaching EGP 9.69 per share, surpassing the previous year's value of EGP 6.01 per share.


Eastern Tobacco ( Eastern Company) EAST announced today that no updates regarding the deal of the Holding Company for Chemical Industries since the disclosure dated 22/08/2023


Egyptian International Pharmaceuticals (Eipico) - PHAR announced today through. disclosure to the EGX that there are no offers or negotiations related to the circulating rumors regarding the sale of the main shareholder's stake in the company to strategic investors



Orascom Construction PLC (Nasdaq: OC; EGX: ORAS) announces that it has signed a contract with Eagle Hills Properties for the construction of Soul Luxury Beach Resort, the new flagship development on Egypt’s North Coast. The agreement, which is valued at EGP 1.9 billion, signifies a commitment to excellence in constructing and bringing to life parcels 3 and 4 (Flow – Breeze) within phase 1A of the resort, to be completed in 1,020 days.




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