Saturday 22 Feb

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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.

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.

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...

Talaat Moustafa, Ezz Steel drive stock market gains
2025/01/15

Talaat Moustafa, Ezz Steel drive stock market gains

The Egyptian Stock Exchange opened strong on Wednesday, led by gains in Talaat Moustafa Group Holding, Ezz Steel, Commercial International Bank (CIB), and Hermes Holding...

Hisham Talaat shows confidence in TMG with additional share purchase
2025/01/14

Hisham Talaat shows confidence in TMG with additional share purchase

On Tuesday, Talaat Moustafa Holding Group announced that CEO and Managing Director, Hisham Talaat Moustafa, had acquired an additional 350,000 shares in the Group on...