Arab Finance: Naeem Holding’s (NAHO) consolidated profits attributable to the parent company dropped 181.78% year on year (YoY) in the first half (H1) of 2024, hitting EGP $1.171 million, compared to $415,810 during the same half in 2023, according to the company’s financial income statements filed to the Egyptian Exchange (EGX) on August 14th.

Meanwhile, standalone net profit after tax stood at $38,654 in H1 2024, up from $30,738  n the year-ago period.

Established in 1997, Naeem Holding is engaged in the provision of investment banking services within Egypt and abroad.

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