Tags Result

SCZONE posts EGP 6.25B revenues till November

The Suez Canal Economic Zone Authority (SCZONE) achieved total revenues of EGP 6.25 billion during the July-November 2025 period, an annual hike of 55% from EGP 4 billion.

Updated 1/6/2026 2:27:00 PM
Delta Insurance’s board approves EGP 50M capital hike

The board members of Delta Insurance approved increasing the issued capital from EGP 500 million to EGP 550 million through a bonus share issue

Updated 12/30/2025 1:17:00 PM
FRA nods for Banque du Caire’s capital increase prospectus

The Financial Regulatory Authority (FRA) approved publishing the capital raise prospectus recommended by the board of Banque du Caire.

Updated 12/25/2025 9:59:00 AM
El-Sisi issues decree forming CBE board for 1-year term

President Abdel Fattah El-Sisi has issued presidential decree No. 733 of 2025, forming the board of the Central Bank of Egypt (CBE) for a one-year term, effective November 27th.

Updated 12/23/2025 11:27:00 AM
IEEC unveils 2 acquisition agreements

The board of Industrial and Engineering Enterprises Company (IEEC) approved acquiring Enterprise Sigma Technology’s shares for an amount of EGP 300 million

Updated 12/21/2025 10:24:00 AM
TAWASOA for Factoring’s board proposes capital hike

The board members of TAWASOA for Factoring approved the extraordinary general meeting’s (EGM) proposal to increase the issued and paid-up capital

Updated 12/18/2025 12:02:00 PM
Juhayna unveils strict regulations for board membership

Mohamed Abdel Fattah, legal advisor to Juhayna Food Industries, affirmed that the right to run for a board membership is not absolute in accordance with Law No. 159 of 1981.

Updated 10/30/2025 9:16:00 AM
Speed Medical taps Osoul Arabia for FV study on Speed Hospital sale

The board of Speed Medical Company approved hiring Osoul Arabia for Investment and Financial Consultancy as an independent financial advisor to conduct a fair value study on the sale of Speed Hospital Company.

Updated 10/29/2025 9:02:00 AM
Al Khair River’s board greenlights capital raise to EGP 390M

The board of Al Khair River for Development, Agricultural Investment, and Environmental Services agreed to increase the issued and paid-up capital to EGP 390 million from EGP 200 million.

Updated 10/5/2025 11:34:00 AM
Ascom plans to acquire 90% of Ostool Transport’s shares

The board members of Asek Company for Mining (Ascom) agreed to make a purchase offer for 90% of Ostool Transport’s shares, in exchange for EGP 641 million

Updated 6/24/2025 9:56:00 AM
EIUD’s board greenlights EGP 15M capital raise

The board members of Egyptians for Investment and Urban Development (EIUD) approved raising the issued and paid-up capital to EGP 165 million from EGP 150 million

Updated 6/19/2025 9:24:00 AM
Memphis Pharmaceutical targets EGP 300M profits in FY2025/26

Memphis Pharmaceutical’s board approved the estimated budget for fiscal year (FY) 2025/2026, targeting net profits after tax valued at EGP 300 million

Updated 6/15/2025 10:14:00 AM
Qalaa Holdings to raise authorized capital to EGP 50B

Qalaa Holdings’ board of directors approved increasing the authorized capital from EGP 10 billion to EGP 50 billion.

Updated 6/12/2025 9:51:00 AM
Boursa Kuwait appoints Bader Nasser Al-Kharafi as Chairman

Boursa Kuwait named Bader Nasser Al-Kharafi as the Chairman of the Board for three years from 2025 to 2027

Updated 3/26/2025 7:18:00 AM
QNB Egypt’s board approves EGP 1.5/share dividend

QNB Egypt’s board of directors approved a cash dividend distribution of EGP 1.5 per share

Updated 2/23/2025 11:17:00 AM
ADIB posts 93% YoY consolidated profit increase in 2024, nods to capital hike

The net profits attributable to the shareholders of Abu Dhabi Islamic Bank (ADIB Egypt) hit EGP 9 billion in 2024, an annual jump of 93% from EGP 4.673 billion.

Updated 2/9/2025 10:13:00 AM
El-Sisi issues decree to reconstitute Arab Contractors' board

Egyptian President Abdel Fattah El-Sisi has issued a presidential decree to reconstitute the board of directors of the Arab Contractors Company, headed by Ahmed El Assar

Updated 1/21/2025 2:14:00 AM
Marseilia’s board nods for capital raise

The board members of Marseilia Almasreia Alkhalegeya for Holding Investment (MAAL) approved increasing the issued and paid-up capital to EGP 200 million

Updated 12/29/2024 11:06:00 AM
Arab Developers Holding sets dividend policy at 100% of capital

Arab Developers Holding Company has decided to set a dividend distribution policy for shareholders at 100% of the company's current capital

Updated 12/26/2024 10:26:00 AM
Union Pharmacist’s board nods for capital raise

Union Pharmacist Company for Medical Services and Investment’s (UPMS) board members agreed to raise the authorized capital to EGP 100 million from EGP 30 million

Updated 12/25/2024 11:01:00 AM