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16 May 12:16 PM
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Amer Group’s consolidated profit shrinks to EGP 15m in Q1-24

Cairo – Mubasher: Amer Group Holding Company logged a consolidated net profit of EGP 14.97 million in the first quarter (Q1) of 2024, down from EGP 41.41 million in the comparative period in 2023. Consolidated revenues dropped to EGP 265.42 …
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Mercon Developments launches Nurai in New Cairo with EGP 10bn
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CBE issues T-bills worth EGP 45bn on Thursday
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Masdar, partners secure land for 10 GW wind power plant in Egypt
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ALEXBANK’s net profit leaps 78% YoY in Q1-24
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Devaluation leads Orascom Development Egypt to EGP 984m loss in Q1-24
Egypt Arab Global Commodities
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Volume 401,433,304 Turnover 1,201,382,100 No. of Trades: 42,915
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Amer Group’s consolidated profit shrinks to EGP 15m in Q1-24 Financial Results
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Mercon Developments launches Nurai in New Cairo with EGP 10bn Companies Investments
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CBE issues T-bills worth EGP 45bn on Thursday Macroeconomics
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EGX ends Wednesday with varied performance Trading Activities
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Masdar, partners secure land for 10 GW wind power plant in Egypt Companies Investments
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ALEXBANK’s net profit leaps 78% YoY in Q1-24 Banking and Finance
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Devaluation leads Orascom Development Egypt to EGP 984m loss in Q1-24 Financial Results
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GSK Egypt turns to loss in Q1-24 Financial Results
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NileSat records plunge in Q1-24 financials Financial Results
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Egyptian Exchange sees negative performance on Tuesday Trading Activities
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Arab stock markets show varied performance in Ramadan 2024 Trading Activities
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Madinet Masr considers purchase of 400 feddans in North Coast – CEO Real estate
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Al Ahly Sabbour Developments considers EGP 450m in loans for 2024 – Chairman Banking and Finance
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USD hits record high of over EGP 50 at Egyptian banks Macroeconomics
GTN expands commodities offering for digital investing in physical gold and silver
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Islamic Finance
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Al Rajhi Bank concludes $1bn USD-denominated sukuk Banking and Finance
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Aldar Properties’ investment arm issues $500m green sukuk Sukuk and Islamic Finance
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Al Rajhi Bank to issue USD sukuk to Saudi, int’l investors Sukuk and Islamic Finance
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Moody’s upgrades ADIB’s BCA to 'baa3'; affirms long-term issuer ratings Ratings
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DSI’s shareholders pass restructuring plan General Assembly
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Cenomi Centers concludes $100m sukuk private placement Sukuk and Islamic Finance
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Al Rajhi Bank issues $1bn sustainable sukuk Banking and Finance
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Al Rajhi Bank to issue USD-denominated sukuk Sukuk and Islamic Finance
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Cenomi Centers completes $500m sukuk issuance Sukuk and Islamic Finance
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Cenomi Centers to offer USD-denominated Sukuk Sukuk and Islamic Finance
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Arab Markets
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Amer Group’s consolidated profit shrinks to EGP 15m in Q1-24 Financial Results
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Morabaha Marina Financing eyes SAR 25.5m cash dividends for 2023 Board of Directors
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Amanat logs over AED 48m net profits in Q1-24 Financial Results
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BinDawood’s profits surge 16% in Q1-24; dividends for H2-23 unveiled Cash Dividends
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DP World opens 3 facilities in Romania with EUR 130m Companies Investments
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ACWA Power’s solar power project in UAE receives operation certificate Companies Investments
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Eshraq Investments incurs higher losses in Q1-24 at AED 306m Financial Results
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Mercon Developments launches Nurai in New Cairo with EGP 10bn Companies Investments
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MBC Group sees 36% higher revenues in Q1-24; profits exceed SAR 121m Financial Results
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