Saturday 22 Feb

revenues

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...

Egypt Aluminium reports significant profit growth in first half
2025/02/19

Egypt Aluminium reports significant profit growth in first half

Aluminium Company of Egypt financial indicators for the first half of the current fiscal year reveal a 114% year-on-year surge in profits, driven by revenue...

CIRA launches mandatory purchase offer for Cairo Educational Services
2025/02/17

CIRA launches mandatory purchase offer for Cairo Educational Services

Cairo for Investment and Real Estate Development - CIRA for Education - has announced its intention to acquire up to 90% of the capital of...

Eastern Co. profits soar to EGP5.3 B in six months
2025/02/17

Eastern Co. profits soar to EGP5.3 B in six months

The Eastern Company reported an 86% year-on-year increase in profits for the first half of the current fiscal year. Profits reached 5.38 billion pounds between...

Social Impact acquires majority stake in CIRA Education
2025/01/28

Social Impact acquires majority stake in CIRA Education

Social Impact Capital Limited has significantly increased its ownership stake in Cairo for Investment and Real Estate Development - CIRA for Education. The company's shareholding...

Sustainable Capital Africa Alpha Fund sells entire stake in CIRA
2025/01/27

Sustainable Capital Africa Alpha Fund sells entire stake in CIRA

Sustainable Capital Africa Alpha Fund has sold its entire stake, amounting to 9.67%, in Cairo Investment and Real Estate Development - CIRA for Education.

Talaat Moustafa pioneers AI-driven cloud infrastructure in Noor City
2024/09/29

Talaat Moustafa pioneers AI-driven cloud infrastructure in Noor City

Talaat Moustafa Group (TMG) has signed a new partnership agreement to support its efforts in building smart cities and leveraging technological advancements to deliver real...

Egypt's foreign reserves hit record high of $46.4 billion
2024/07/07

Egypt's foreign reserves hit record high of $46.4 billion

The Central Bank of Egypt (CBE) announced today, Sunday, that its foreign reserves rose by $260 million to reach $46.4 billion at the end of...