Monday 10 Mar

fiscal year

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...

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...

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.

Experts: Egypt economy poised for 4% growth
2025/01/21

Experts: Egypt economy poised for 4% growth

A Reuters poll forecasts a 4% growth in Egypt's economy in the fiscal year ending next June. The poll, based on forecasts from 19 economists,...

Central Bank announces decrease in public debt
2024/09/29

Central Bank announces decrease in public debt

The Central Bank of Egypt announced a 2.1% decrease in Egypt's public debt in the last quarter of the 2023-2024 fiscal year. The bank stated...

Alexandria Pharma sales soar to EGP 1.7 billion by June 2024
2024/09/14

Alexandria Pharma sales soar to EGP 1.7 billion by June 2024

The adjusted financial indicators of Alexandria Pharmaceutical and Chemical Industries Company showed that the company's profits increased by 71.3% on an annual basis during the...

Central Bank profitability soars following policy shift
2024/08/27

Central Bank profitability soars following policy shift

The Central Bank of Egypt announced today, Tuesday, that it has succeeded, for the first time in seven years, in turning to profitability in the...