Sunday 23 Feb

exchange

Housing and Development Bank profits surge to EGP12.45 billion
2025/02/23

Housing and Development Bank profits surge to EGP12.45 billion

Housing and Development Bank's consolidated financial results revealed a 90% year-on-year profit increase last year.

Elsewedy Cement boosts Qalaa Holdings stake to 11.07% (EGP 78.7M)
2025/02/23

Elsewedy Cement boosts Qalaa Holdings stake to 11.07% (EGP 78.7M)

Hermes Securities Brokerage Company stated that Elsewedy Cement Company has increased its stake in the share capital of Qalaa Holdings for Financial Investments from 9.6%...

Moody's keeps Egypt rating at Caa1, outlook positive
2025/02/20

Moody's keeps Egypt rating at Caa1, outlook positive

Moody's Ratings Agency has affirmed Egypt's long-term foreign and local currency ratings at Caa1, maintaining its positive outlook. This also includes the affirmation of Egypt's...

Talaat Moustafa Group closes 2024 with 504 billion EGP in contracts
2025/02/19

Talaat Moustafa Group closes 2024 with 504 billion EGP in contracts

Talaat Moustafa Group Holding (TMG) announced record contractual sales of approximately 504 billion EGP in 2024, a significant increase from 142.8 billion EGP in 2023.

Odin Investments sees 157% profit jump in H2 2024
2025/02/12

Odin Investments sees 157% profit jump in H2 2024

Odin Financial Investments saw its profits surge by 157% year-on-year in the second half of 2024, according to its consolidated financial statements. The company reported...

Egyptian Exchange celebrates listing of "Go Green" company
2025/02/09

Egyptian Exchange celebrates listing of "Go Green" company

The Egyptian Exchange (EGX) Chairman, Ahmed El-Sheikh, inaugurated the trading session on Sunday, February 9, 2025, marking the start of trading for "Go Green for...

Nilesat profits rose by the end of 2024
2025/01/23

Nilesat profits rose by the end of 2024

The Egyptian Satellite Company (Nilesat) announced a significant increase in its profitability for the year ended December 31, 2024. In a statement to the Egyptian...

Sudden decline in Delta Sugar profits in 2024
2025/01/23

Sudden decline in Delta Sugar profits in 2024

Delta Sugar Company announced a 21% year-on-year decline in its net profit for 2024, reaching 1.26 billion Egyptian pounds compared to 1.59 billion pounds in...