Latest in Tag: Qalaa Holdings Highlight
Latest in Tag: Qalaa Holdings
The company’s consolidated revenues increased by 25% y-o-y
Corporate Social Responsibility (CSR) has risen since the early 20th century due to the increasing separation between state ownership of production and private ownership, as well as the involvement of the private sector in the production process. The classical economic philosophy assumed that CSR is the provision of goods and services to consumers and the …
Company is facing expense hikes on back of spare parts price increases amid plummeting currency
The company also reported a consolidated net loss after minority interest of EGP 207.6m
EGP 1.8bn company revenues with support from energy sector
The company is also seeking to implement a similar power plant in Aswan
Despite the increase in revenues, Qalaa Holdings also recorded a net loss worth EGP 242.7m, greater than the EGP 119.1m loss reported last year.
The sale is at a combined equity value for 100% of both MGM and UGC of EGP 828m
The company has sold its shares in several companies including Sudanese Egyptian Bank and Pharos Holding
Cheese products manufacturer El-Misrieen sold at EGP 50m
Value of transaction is EGP 518m
The transaction, worth approximately EGP 1bn, is expected to take place on 20 November
The structure of the deal depends on swapping Sphinx stock’s for shares in oil companies
The conference will shed the light on Qalaa Holdings’ planned strategy for increasing “the presence of Egyptian businesses in Africa, with a particular focus on East African nations”, a company statement read.
It is expected that by the third quarter (Q3) of this year, a final agreement will be settled.
Company is executing 150MW capacity power plant to use gas in oil fields
The company assigns Renaissance Capital to study the possibility
Qalaa Holdings sells Sphinx Glass in line with its framework to abandon “non-core” projects
Company records 46% surge in gross profit year-on-year, report says