Market activity


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(2014-07-31) Heliopolis housing full year profit up 35%
Egyptian property developer Heliopolis Housing reported unaudited post-tax profit up 35.6% to LE 183.861 million in the full year to the end of June.
The company posted LE 135.533 million in the 2012...
(2014-07-31) United Arab Shipping full-year losses up 58%
United Arab Shipping reported financial results posting unaudited net loss of LE 21.1 million for the period ending June 2014 with a 58% increase over comparable period losses.
Noting that, it poste...
(2014-07-31) Tourism Urbanization to offer Food court project to investors after Eid holiday
Tourism Urbanization , Movenpick Haram Hotel owner, intends to offer its plans to establish a food court on a 42,000 meter area in the hotel to investors from Egypt and United Arab Emirates, said Essa...
(2014-07-24) Egypt's CIB reports 39% rise in Q2 profit
Egypt's biggest listed bank, Commercial International Bank (CIB) (COMI), posted a 39% rise in net income for the 2Q2014, the bank said on a statement.
The added that its quarterly income stood at L...
(2014-07-13) Pioneers BOD approves Rooya acquisition
Pioneers Holding (PIOH) Board of Directors (BOD) approved in its meeting the Fair Value (FV) study conducted by an independent financial advisor for Pioneers and real estate company Rooya Group shar...