Al Ahly Pharos Securities Brokerage
12 Sep 2023
Heliopark Potential Deal Rerates Our Valuations of HELI and MASR Upwards
Al Ahly Pharos Securities Brokerage
12 Sep 2023
FWRY Initiation of Coverage | A Long-Term Growth Story
Al Ahly Pharos Securities Brokerage
5 Sep 2023
MM Group: Favorable Higher Contribution of Local Distribution Portfolio Drives Performance
Al Ahly Pharos Securities Brokerage
5 Sep 2023
e-finance: Another Stellar Quarter
Al Ahly Pharos Securities Brokerage
5 Sep 2023
Telecom Egypt: Wholesale Revenues Shape Performance; Pressured by Cost Pressures & Finance Cost
Al Ahly Pharos Securities Brokerage
5 Sep 2023
Cleopatra Hospitals Group: Performance Capped by a Strong Base Effect and Cost Pressures
Al Ahly Pharos Securities Brokerage
23 Aug 2023
Palm Hills Developments: 2Q23| Stellar Sales; We Raise Our FV to EGP4.35/Share and Maintain Overweight
Al Ahly Pharos Securities Brokerage
21 Aug 2023
Sidi Kerir Petrochemicals: Higher Margins Despite Weaker PE Volumes; NP Supported by Absence of FX Losses
Al Ahly Pharos Securities Brokerage
16 Aug 2023
Domty: 2Q23| Volumes continue the downturn; Profitability steadied by rise in prices
Al Ahly Pharos Securities Brokerage
16 Aug 2023
Oriental Weavers: 2Q23| Export market recovery and cost squeeze support profitability
Al Ahly Pharos Securities Brokerage
16 Aug 2023
GB Auto: 2Q23| Prices back margins; absence of FX losses & capital supports bottom line
Al Ahly Pharos Securities Brokerage
15 Aug 2023
Emaar Misr For Development: 2Q23 | Net Profit Down from FX-Gain-Fueled 1Q23 Level
Al Ahly Pharos Securities Brokerage
15 Aug 2023
EK Holding: Results Normalizing After Exceptionally Higher Base
Al Ahly Pharos Securities Brokerage
15 Aug 2023
Orascom Development Egypt: 2Q23| Superb Operational and Financial Results
Al Ahly Pharos Securities Brokerage
14 Aug 2023
EDITA: 2Q23| Margins maintained steadily by rise in prices and cost cutting initiatives
Al Ahly Pharos Securities Brokerage
14 Aug 2023
Talaat Moustafa Group Holding: 2Q23 | Stellar Quarter; we raise our FV to EGP22.55 and maintain Overweight
Al Ahly Pharos Securities Brokerage
10 Aug 2023
Delta Sugar: 2Q23 | Seasonality support top-line; Provisions and expenses pressure bottomline
Al Ahly Pharos Securities Brokerage
9 Aug 2023
MASR: 2Q23| Impressive Growth in Sales
Al Ahly Pharos Securities Brokerage
9 Aug 2023
Juhayna: 2Q23 | Margins squeezed despite solid revenue growth and weaker FX losses
Al Ahly Pharos Securities Brokerage
31 Jul 2023
SODIC: 2Q23| Strong Second Quarter, Making Up for the First
Al Ahly Pharos Securities Brokerage
26 Jul 2023
Obourland: 2Q23 | Severe squeeze in margins on increasing costs and interest expense
Al Ahly Pharos Securities Brokerage
19 Jul 2023
Cairo Investment and Real Estate Development: 9M22/23 – Higher opex and interest rates pressure margins and bottom line
Al Ahly Pharos Securities Brokerage
17 Jul 2023
Qalaa Holdings: Favorable operational performance eaten up by higher interest expense and taxes
Al Ahly Pharos Securities Brokerage
10 Jul 2023
ETEL: Relative Valuation and Vodafone Stake Sale Show Massive Upside Potential
Al Ahly Pharos Securities Brokerage
10 Jul 2023
Cleopatra Hospitals Group: Solid Performance on Volumes and Prices Growth, Despite Strong Base Effect
Coverage
Egypt
About
Pharos Holdings is a 360º investment bank headquartered in Egypt. The Pharos research team is the go-to team for Egypt coverage, with more than 75 EGX-listed companies under coverage.
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Investment knowledge
The team’s professional expansive investment network and local industry knowledge offers clients unmatched color on the Egyptian investment space, giving investors the opportunity to realize the highest returns from their portfolios
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We operate through the expertise of some of Egypt’s leading financial professionals with a decades-long track record executing leading transactions in the local market.