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29 April 09:33 AM
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Egyptian Resorts turns to EGP 112.5m consolidated losses in 2023

Cairo – Mubasher: Egyptian Resorts Company shifted to consolidated net losses after tax valued at EGP 112.57 million in 2023, against net profits amounting to EGP 67.50 million in 2022. Earnings per share (EPS) plunged to EGP 0,078 in 2023 from …
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BHM Capital launches Fixed Income Division to anchor global credit instruments
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EGX greenlights listing Act Financial
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Orascom Investment Holding turns profitable in 2023
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WEE secures $10m funding round, unveils IPO plans in MENA
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SODIC’s consolidated profit hits EGP 392m in Q1-24
Egypt Arab Global Commodities
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Egyptian Resorts turns to EGP 112.5m consolidated losses in 2023 Financial Results
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BHM Capital launches Fixed Income Division to anchor global credit instruments Companies Investments
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Egyptian Exchange’s indices tumble on Sunday; turnover reaches EGP 2.3bn Trading Activities
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Orascom Investment Holding turns profitable in 2023 Financial Results
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WEE secures $10m funding round, unveils IPO plans in MENA Companies Investments
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EGX greenlights listing Act Financial Initial Public Offerings
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SODIC’s consolidated profit hits EGP 392m in Q1-24 Real estate
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Orascom Construction’s board proposes $0.2/shr dividends for 2023 Cash Dividends
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CBE issues T-bills, T-bonds worth EGP 58bn on Sunday Macroeconomics
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GCC-based Shorages secures $1m funding round to boost e-commerce Global Economy
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Mubasher Exclusive
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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 Real estate
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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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1st Investor competition
Mubasher Global announces prizes of 1st Investor contest in US market
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Top quotes by Saudi ministers, officials from energy giants at FII7; regional leaders give remarks Event
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Get to know world leaders' quotes on FII7 Day 1; Saudi Arabia's role praised Global Economy
Abdulaziz Al Dahmash, the Managing Director and CEO of Network International KSA
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Ahmed Fahmy, CEO of OneCard
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Islamic Finance
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Moody’s upgrades ADIB’s BCA to 'baa3'; affirms long-term issuer ratings Banking and Finance
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DSI’s shareholders pass restructuring plan Sukuk and Islamic Finance
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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 to offer USD-denominated Sukuk Sukuk and Islamic Finance
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Saudi German Hospital concludes SAR 1bn Sukuk offering Sukuk and Islamic Finance
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SNB completes offering $850m USD-denominated Sukuk Banking and Finance
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SNB plans to offer USD-denominated Sukuk to local, int’l investors Sukuk and Islamic Finance
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Arab Markets
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Savola Group submits capital increase request to CMA Management Decisions
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Egyptian Resorts turns to EGP 112.5m consolidated losses in 2023 Financial Results
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BHM Capital launches Fixed Income Division to anchor global credit instruments Global Economy
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Umm Al Qura Cement logs nearly SAR 14.5m net profits in Q1-24 Financial Results
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Yansab turns profitable at SAR 99.5m in Q1-24 Financial Results
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Riyad Bank achieves SAR 2.07bn net profits in Q1-24 Financial Results
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Thimar obtains regulatory nod for 74% capital reduction Management Decisions
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Nama Chemicals enters up to $45m deal with Swiss firm AIS Companies Investments
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Almunajem Foods’ board nods for building new factory Companies Investments
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Retal Urban Development seals SAR 240m deal with subsidiary Companies Investments
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