December 16, 2018 04:24


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News

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(2015-02-24) NUDAP swings to loss in first half of FY2014/2015
North Upper Egypt Development and Agricultural Production (NUDAP) (NEDA) swung to a first half losses. Nudap made a net loss of LE248,188 in the six month to Dec. 31, down from a profit of LE2.52 m...

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(2015-02-22) Qalaa Holdings approves 1.7 bln Egyptian pound capital hike - sources
Qalaa Holdings (CCAP), one of Egypt's largest investment companies, has approved a share swap with subsidiary companies that equates to a 1.7 billion Egyptian pound ($223 million) capital increase, tw...

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(2015-02-18) Egypt's Qalaa considers sale of food businesses, sees 2015 profit
Egypt's Qalaa Holdings (CCAP) has hired investment bank EFG Hermes to advise it on the possible sale of its food businesses, a deal the conglomerate said would help it return to profit this year inst...

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(2015-02-18) Heliopolis to sell LE260 m client debt portfolio
Heliopolis Co for Housing and Construction contracted Banque Misr, First Mortgage Co., and Al Ahly Mortgage Finance to sell its client debt portfolio worth LE260 million. A Source in the company t...

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(2015-02-12) Rakta Paper Manufacturing post net loss of LE30.2 m in 6 months
The results of Rakta Paper Manufacturing (RAKT) showed net loss of LE30.2 million in the 6 months ended Dec 31, 2014. Rakta Paper Manufacturing posted net loss of LE9.75 million for the same perio...

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