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
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
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
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
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 is targeting to boost its sales by 30% to around EGP 19 billion in 2024.
Updated 10/10/2024 3:28:00 AM
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 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
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 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
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
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 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 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
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
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 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
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
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