Pre-Trading Thoughts

EFID has submitted a non-binding letter of intent to acquire the Egyptian Belgian Company’s assets AUTO received approval to raise the prices of three models participating in the car replacement initiative, by EGP7-20k DOMT emphasized expanding in the bakery sector, adding a fourth production line next year, to raise its contribution to 30% of revenues ORWE targeting for the full year 2021 topline of EGP11.287 billion, net income to amount to EGP950 million-EGP1 billion and DPS to be around o...