Eastern Co. profits soar to EGP5.3 B in six months The Eastern Company reported an 86% year-on-year increase in profits... Businessmen Team 17 Feb 2025 The company's revenues also saw significant growth, rising to 18.45 billion pounds in the first hal...
Social Impact acquires majority stake in CIRA Education Social Impact Capital Limited has significantly increased its ownership stake... Businessmen Team 28 Jan 2025 It is worth noting that Cairo for Investment and Real Estate Development - CIRA for Education achie...
Sustainable Capital Africa Alpha Fund sells entire stake in CIRA Sustainable Capital Africa Alpha Fund has sold its entire stake,... Businessmen Team 27 Jan 2025 The fund sold approximately 56.34 million shares of CIRA's capital for a total transaction value of...
Egypt to receive $1.2 billion in new IMF funding Sources reported on Wednesday that Egypt is set to receive... Businessmen Team 25 Dec 2024 The IMF's Executive Board approved the disbursement, acknowledging the challenging economic conditi...
Talaat Moustafa pioneers AI-driven cloud infrastructure in Noor City Talaat Moustafa Group (TMG) has signed a new partnership agreement... Businessmen Team 29 Sep 2024 The Group has entered into a strategic partnership with Huawei, a leading provider of information a...
Alexandria Pharma sales soar to EGP 1.7 billion by June 2024 The adjusted financial indicators of Alexandria Pharmaceutical and Chemical Industries... Businessmen Team 15 Sep 2024 In a statement, the company explained that it achieved profits amounting to 216.68 million Egyptian...
TMG forecasts doubled dollar revenue from hotel expansion Talaat Moustafa Holding Group (TMG) expects to double its dollar... Businessmen Team 02 Sep 2024 In a statement to the Egyptian Exchange, TMG Holding addressed recent media reports suggesting that...
Talaat Moustafa Group soars: Profits triple, Revenues hit EGP 17 billion Talaat Moustafa Holding Group (TMG Holding) announced a significant surge... Businessmen Team 13 Aug 2024 The net profit reached EGP 6.36 billion during the period from January to June 2024, compared to E...
Egypt's foreign reserves hit record high of $46.4 billion The Central Bank of Egypt (CBE) announced today, Sunday, that... Businessmen Team 07 Jul 2024 The CBE had previously announced in May that foreign reserves had increased to $46.13 billion, the...