Tags Result

Ceramica Remas' 2024 profits 33% YoY down

The Arab Ceramic Company (Ceramica Remas) logged EGP 58.747 million in net profits after tax for 2024, 33.27% down from EGP 88.046 million in 2023.

Updated 2/18/2025 11:13:00 AM
CBE pushes 9-month T-bill sales to EGP 61B

The Central Bank of Egypt (CBE), acting on behalf of the Ministry of Finance, increased its sale of the 273-day treasury bills (T-bills) for the fifth consecutive time, collecting EGP 61 billion on a January 19th auction.

Updated 1/20/2025 1:27:00 AM
Egypt’s car sales rise by 12.02% YoY in 10 months

Car sales in Egypt increased by 12.02% during the first 10 months of 2024, with total sales reaching approximately 78,400 vehicles, compared to 70,010 in the same period of 2023, according to a report by the Automotive Market Information Council (AMIC).

Updated 12/10/2024 9:22:00 AM
TMG Holding records sales of EGP 470B YTD

Talaat Moustafa Group Holding (TMG Holding) has generated unprecedented sales of EGP 470 billion year-to-date until November 6th, compared to EGP 108 billion over the same period last year.

Updated 11/7/2024 12:54:00 PM
Energean’s assets sale in Italy, Egypt, Croatia set to close by year-end

The sale of London-based Energean’s portfolio of gas-weighted exploration and production (E&P) assets in Italy, Egypt, and Croatia to the global investment firm Carlyle is expected to be completed by the end of 2024.

Updated 11/7/2024 10:06:00 AM
B.TECH targets EGP 19B sales in 2024

B.TECH is targeting to boost its sales by 30% to around EGP 19 billion in 2024.

Updated 10/10/2024 3:28:00 AM
Egypt collects $675M from selling 5G services to mobile operators

The Egyptian government has collected up to $675 million from selling fifth generation (5G) service licenses to the four telecom operators in the country.

Updated 10/7/2024 2:55:00 AM
Egypt signals 1st major state asset sale since EGP devaluation

Egypt is close to finalizing the sale of its remaining stake in ALEXBANK to Italy's Intesa Sanpaolo SpA, marking the first significant state asset sale since the Egyptian pound was devalued in March.

Updated 9/22/2024 4:20:00 AM
Nawy targets 200% YoY increase in 2024 real estate sales

The property technology company Nawy is planning to boost its real estate sales by over 200% year on year (YoY) in 2024.

Updated 9/17/2024 3:44:00 AM
Heliopolis Housing sells 90 residential units in AZURE Compound

Heliopolis Company for Housing and Development (HELI) has successfully sold 90 residential units of different sizes in the AZURE Compound in New Heliopolis City with a total sales value of around EGP 482 million.

Updated 9/4/2024 9:56:00 AM
ISMQ’s monthly sales hit EGP 22.5M in July

Iron and Steel for Mines and Quarries (ISMQ) has reported monthly sales of EGP 22.501 million in July.

Updated 9/1/2024 9:42:00 AM
Egypt’s auto sales climb 81.2% YoY in July

Automotive sales in Egypt surged by 81.2% year on year (YoY) in July to 11,400 vehicles, compared to 6,200 vehicles.

Updated 8/28/2024 7:25:00 AM
Al-Ahly Sabbour's sales surge 400% in H1 2024

Al Ahly Sabbour Development has reported a 400% year-on-year (YoY) climb in its sales during the first half (H1) of 2024, reaching EGP 25.5 billion up from EGP 6 billion in the same period last year.

Updated 8/14/2024 9:01:00 AM
Arabia Real Estate Investment targets up to EGP 20B in sales in 2024

Arabia for Real Estate Investment and Tourism is targeting achieving EGP 15 to EGP 20 billion in sales this year.

Updated 8/6/2024 2:53:00 AM
Egypt’s auto sales up 26.6% YoY in June

Automotive sales in Egypt rose by 26.6% year on year (YoY) in June to 8,017 vehicles, compared to 6,331 vehicles.

Updated 8/4/2024 7:31:00 AM
TMG Holding records sales of EGP 390B YTD

Talaat Moustafa Group Holding (TMG Holding) has generated unprecedented sales of EGP 390 billion year-to-date until July 29th, compared to EGP 60 billion over the same period last year.

Updated 7/30/2024 11:14:00 AM
Egypt’s automotive sales likely to decline by up to 35% end-2024

Egypt’s automotive sales are expected to drop by 25% to 35% year on year (YoY) by the end of 2024 due to the suspension of imports.

Updated 7/30/2024 4:02:00 AM
ISMQ records sales of EGP 17.86M in June

Iron and Steel for Mines and Quarries (ISMQ) has reported monthly sales of EGP 17.863 million in June.

Updated 7/28/2024 1:23:00 AM
Top Auto Brands Sales in Jan-May 2024

Updated 7/9/2024 1:39:00 PM
TMG generates EGP 200B sales from SouthMed in 6 days

Talaat Moustafa Group Holding (TMG Holding) has generated EGP 200 billion in sales from the newly-launched SouthMed project in the North Coast, only in six working days from bookings open.

Updated 7/9/2024 9:37:00 AM