Monday 10 Mar

revenue

Torec achieves record EGP 186 Million in real estate revenue
2025/03/04

Torec achieves record EGP 186 Million in real estate revenue

According to Counselor Rady Moustafa Rady, Chairman of the Board of Directors of Torek Real Estate Development Company, the company achieved 186 million Egyptian pounds...

PM meets with European Union Commissioner for Mediterranean Affairs
2025/03/03

PM meets with European Union Commissioner for Mediterranean Affairs

Prime Minister Dr. Moustafa Madbouly, met Sunday evening at the government headquarters in the New Administrative Capital with European Union Commissioner for Mediterranean Affairs, Ms....

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.