Egypt Kuwait Holding (EKHOLDING)

Cairo – Mubasher: Egypt Kuwait Holding (EKH) posted a consolidated net profit of $217.81 million in 2023, down from $362.08 million a year earlier. Revenues also dropped to $747.70 million last year from $1.05 billion in 2022, according to the …

Cairo – Mubasher: Egypt Kuwait Holding has opened and developed factories in Egypt at a combined value of EGP 1.40 billion, equivalent to nearly $46 million, through its fully-owned subsidiary Sprea Misr. Sprea Misr inaugurated a factory for …

Cairo – Mubasher: Egypt Kuwait Holding raised its equity ownership in Bawabet Al Kuwait Holding Company (BKH) by 13.12%, making the total shareholding in the closed Kuwaiti firm reach 84.79%. The EGX-listed company purchased the additional stake …

Cairo – Mubasher: The net profits of Egypt Kuwait Holding increased to $312.09 million during the first nine months (9M) of 2022, compared to $173.09 million in the year-ago period. The company logged $809.87 million in 9M-22 revenues, compared to …

Mubasher: Al Khair National for Stocks and Real Estate Company has approved to sell 11.4% of its stake in the issued and paid-up capital of Egypt Kuwait Holding (EKH). Jassim Loay Al Kharafi has made an offer to Al Khair National to …

Cairo – Mubasher: Egypt Kuwait Holding has raised its stake in Delta Insurance to 63.22% from 61.5%.  The transaction involved the purchase of 537,472 shares for EGP 24.28 million, averaging EGP 45.18 apiece, according to a statement to the …

Cairo – Mubasher: Egypt Kuwait Holding (EKH) announced that trading on the company’s shares in the Egyptian pound for shareholders who converted the trading currency will come into effect on Sunday, 19 September. The number of shares traded in EGP …

Cairo – Mubasher: Egypt Kuwait Holding (EKH) revealed the latest updates of its previously-announced $300 million investment plan for 2021 and 2022. The firm, listed on the Egyptian Exchange (EGX) and Boursa Kuwait, plans to invest $80 million in …

Cairo – Mubasher: Egypt Kuwait Holding (EKH) has recently received the Financial Regulatory Authority's (FRA) approval to establish a micro-finance company called Bedayti. The decision for setting up the company with an issued capital of EGP 50 …

Cairo - Mubasher: Egypt Kuwait Holding (EKH) reported net profits of $109.29 million in the first half (H1) of 2021, up by 36% year-on-year (YoY) from $80.24 million.  The company's revenues surged to $349.3 million in the January-June period, …

Cairo - Mubasher: The board of directors of Egypt Kuwait Holding (EKH) approved the resignation of Loay Jassim Mohammed Al Kharafi from his position as the company's Deputy Chairman and Board Member, according to a statement to the Egyptian …

Cairo - Mubasher: Egypt Kuwait Holding (EKH) has completed procedures to allow the conversion of the trading currency of its shares on the Egyptian Exchange (EGX) to the Egyptian pound from the US dollar.  This step will encourage investments in …

Cairo – Mubasher: Egypt Kuwait Holding (EKH) posted consolidated net profits of $53.01 million in the first quarter (Q1) of 2021, rising by 30% year-on-year (YoY) from $40.72 million, including minority shareholders’ rights. The revenues grew to …

Cairo – Mubasher: The Egyptian Exchange’s (EGX) listing committee approved the listing of Egypt Kuwait Holding’s (EKH) capital raise shares. The company’s issued and paid-up capital will be increased by $25.61 million to $281.72 million from …

Cairo – Mubasher: The extraordinary general meeting (EGM) of Egypt Kuwait Holding (EKH) approved the board’s proposal to change the trading currency of listed shares on the Egyptian Exchange (EGX) to the Egyptian pound for willing shareholders. …

Cairo – Mubasher: Egypt Kuwait Holding (EKH) is planning to invest $300 million in 2021 and 2022, which would bring the total value of its investments to $1.9 billion, the Managing Director, Sherif El-Zayat, said. The planned investments include …

Cairo – Mubasher: Egypt Kuwait Holding (EKH) has raised its direct and indirect shareholding in Alexandria Fertilizers Co (AlexFert) to 55.6% from 45.57% in two transactions worth $50.02 million. The first transaction involved the purchase of an …

Cairo – Mubasher: The extraordinary general meeting (EGM) of Egypt Kuwait Holding (EKH), listed on the Egyptian Exchange (EGX) and Boursa Kuwait, approved an increase of $25.61 million in its issued and paid-up capital to reach $281.72 million. …

Cairo – Mubasher: Egypt Kuwait Holding (EKH), listed on the Egyptian Exchange (EGX) and Boursa Kuwait, has raised its stake in Mohandes Insurance to 20.38% from 9.98%. The company purchased 7.79 million shares for a value of EGP 109.78 million at …

Cairo – Mubasher: Egypt Kuwait Holding (EKH), listed on the Egyptian Exchange (EGX) and Boursa Kuwait, raised its stake in Delta Insurance to 61.5% from 56.5%. The dual-listed company purchased 1.57 million shares in Delta Insurance for EGP 36.22 …

Cairo – Mubasher: Egypt Kuwait Holding (EKH), listed on the Egyptian Exchange (EGX) and Boursa Kuwait, purchased a 9.98% stake in Mohandes Insurance, Pharos Securities Brokerage said in a statement to the Egyptian bourse on Wednesday. The …

Mubasher: The ordinary general meeting (OGM) of Egypt Kuwait Holding (EKH), listed on the Egyptian Exchange (EGX) and Boursa Kuwait, approved the proposed cash dividend distribution of six cents per share or 24% of the share’s nominal value for …

Cairo – Mubasher: The consolidated financial statements of Egypt Kuwait Holding (EKH), listed on the Egyptian Exchange (EGX) and Boursa Kuwait, showed a 21.5% year-on-year profit growth during 2019. The company’s net profits surged to $115.6 …

Cairo – Mubasher: Egypt Kuwait Holding (EKH) has reported a 13.7% year-on-year profit hike during the first nine months of 2019. The company’s profit reached $85.28 million from January to September 2019, compared to $75 million in the year-ago …

By: Heba El-Kordy Cairo – Mubasher: Five Egyptian petrochemical firms are most likely to benefit from a possible short-term supply shock, a report released by MubasherTrade Research showed. Globally, oil prices reached their highest level in four …