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CIB Egypt's 2024 profits surge by 86.24%
2025/02/20

CIB Egypt's 2024 profits surge by 86.24%

Commercial International Bank (Egypt) has announced a significant surge in profits for 2024. The bank's consolidated financial statements revealed an impressive 86.24% year-on-year increase.

Ceramica Remas sees profit slump to EGP 58.7million in 2024
2025/02/19

Ceramica Remas sees profit slump to EGP 58.7million in 2024

Financial statements released by the Arab Ceramics Company - Ceramica Remas reveal a significant drop in profitability for 2024. The company's profits decreased by 33.27%...

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.

Elsaeed Contracting to open branches in Iraq, Oman
2025/02/18

Elsaeed Contracting to open branches in Iraq, Oman

Elsaeed General Contracting and Real Estate Investment Company's board of directors has approved the opening of two new branches in Iraq and Oman.

Al Baraka Bank Egypt's 2024 profits exceed 3 billion pounds
2025/02/18

Al Baraka Bank Egypt's 2024 profits exceed 3 billion pounds

Al Baraka Bank Egypt's consolidated financial statements showed a 36% year-on-year increase in profits for 2024. The bank reported a net profit of 3.005 billion...

Suez Canal Bank sees 148% profit jump to EGP5.7 billion
2025/02/15

Suez Canal Bank sees 148% profit jump to EGP5.7 billion

Suez Canal Bank's financial statements revealed a 148% year-on-year increase in profits for 2024. The bank reported profits of 5.68 billion pounds, compared to 2.29...

South Valley Cement eyes plant reopening
2025/01/27

South Valley Cement eyes plant reopening

South Valley Cement has announced its decision to reject a proposed settlement agreement presented by the Ministry of Justice's arbitration administration regarding the company's ongoing...

Sokhna Anode Block Factory reopens with BP support
2025/01/26

Sokhna Anode Block Factory reopens with BP support

Prime Minister Dr. Moustafa Madbouly witnessed this Sunday morning at the government headquarters in the New Administrative Capital the signing ceremony of a contract between...