Arab Finance Interview with Omnia Kelig, Deputy Chief Executive Officer of NAEEM Holding Group

Naeem Holding (NAHO) turned to profitability in the first nine months of 2024.

Naeem Holding (NAHO) has announced that Smart Village Development and Management Company (Smart Village) intends to list a stake of 30% to 35% on the Egyptian Exchange (EGX) in the first half (H1) of 2025.

Naeem Brokerage has received a no-objection from the Financial Regulatory Authority (FRA) for a license to trade in the carbon market.

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.

Naeem Holding (NAHO) posted a 90.6% year-on-year increase in consolidated net profits after tax and non-controlling interest in the first quarter (Q1) of 2024, recording $382,048, compared to EGP 200,401.

Naeem Holding (NAHO) recorded $219,627 in consolidated net losses attributable to the parent company in the first nine months of 2023, compared to $88,452 in net profits during the same period in 2022.

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

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

The company posted a standalone net profit after tax of $1.169 million in 2022, compared to $398,171 in 2021, financial statements showed.