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11 January 03:59 PM

Sector News

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2 December 2025 08:41 PM Egyptian Resorts turns to EGP 103m consolidated net profits in 9M-25
Cairo - Mubasher: Egyptian Resorts Company, known as ERC, reported consolidated net profits after tax worth EGP 102.86 million in the first nine months (9M) of 2025, versus net losses after tax of EGP 556.49 million in 9M-24. The earnings per …
Financial Results
Sharm Dreams stock hits historic level halting driving buying force
26 November 2025 06:29 PM Sharm Dreams stock hits historic level halting driving buying force
Cairo – Mubasher: Technical movements signaled by Mubasher Trade Research indicate that the stock of Sharm Dreams Company for Tourism Investment has recently shown a significant increase while maintaining its strong performance throughout …
Trading Activities
Photo Archive
11 September 2025 06:22 PM Egyptian Resorts shifts to EGP 29.5m consolidated profits in H1-25
Cairo - Mubasher: Egyptian Resorts Company swung to consolidated net profits after tax valued at EGP 29.44 million in the first half (H1) of 2025, versus net losses of EGP 749.10 million in H1-24. The group generated operating revenues amounting …
Financial Results
Photo Archive
2 June 2025 08:18 AM Golden Pyramids Plaza’s standalone profits exceed $43.5m in 2024
Cairo – Mubasher: Golden Pyramids Plaza logged standalone net profits after tax worth $43.66 million in 2024, marking an annual hike from $28.33 million. Revenues jumped to $92.12 million last year from $80.63 million in 2023, according to the …
Financial Results
Photo Archive
28 May 2025 07:37 AM Pyramisa Hotels logs EGP 170.5m consolidated profits in Q1-25
Cairo – Mubasher: Pyramisa Hotels and Resorts posted higher consolidated net profit after tax at EGP 170.54 million in the first quarter (Q1) of 2025, compared to EGP 31.47 million in Q1-24. The company generated revenues valued at EGP 602.08 …
Financial Results
Photo Archive
16 October 2024 09:04 AM Remco’s consolidated losses surpass EGP 883m in H1-24
Cairo – Mubasher: Remco for Tourism Villages Construction shifted to consolidated net losses standing at EGP 883.29 million in the first half (H1) of 2024, compared to net profits of EGP 144.33 million in H1-23. The revenues hiked to EGP 568.28 …
Financial Results
Photo Archive
2 October 2024 11:50 AM Golden Pyramids Plaza logs $35m standalone profits in H1-24
Cairo – Mubasher: Golden Pyramids Plaza generated standalone net profits after tax valued at $34.83 million in the first half (H1) of 2024, up year-on-year (YoY) from $12.04 million. The revenues amounted to $40.58 million in the January-June 2024 …
Financial Results
Photo Archive
30 September 2024 01:14 PM Remco shifts to net losses in Q1-24
Cairo – Mubasher: Remco for Tourism Villages Construction turned into consolidated net losses valued at EGP 26.44 million in the first quarter (Q1) of 2024, versus net profits of EGP 214.76 million in Q1-23. Net sales jumped to EGP 164.78 million …
Financial Results
Photo Archive
8 August 2024 11:09 AM Egyptian Resorts reports higher net losses in Q1-24
Cairo – Mubasher: Egyptian Resorts Company incurred consolidated net losses after tax valued at EGP 616.25 million in the first quarter (Q1) of 2024, an annual leap from EGP 37.09 million. Revenues surged to EGP 334.60 million in Q1-24 from EGP …
Financial Results
Photo Archive
6 June 2024 08:54 AM Sharm Dreams turns profitable in Q1-24
Cairo – Mubasher: Sharm Dreams Company for Touristic Investment logged net profits after tax valued at EGP 2.18 million in the first quarter (Q1) of 2024, versus losses worth EGP 1.68 million in Q1-23. Earnings per share (EPS) hit EGP 0.04 as of …
Financial Results
Photo Archive
22 May 2024 10:41 AM Remco’s consolidated losses deepen to EGP 1.8bn in 2023
Cairo – Mubasher: The consolidated net losses after tax of Remco for Tourism Villages Construction hiked to EGP 1.83 billion in 2023 from EGP 283.53 million at the end of December 2022 Revenues amounted to EGP 744.26 million last year, higher than …
Real estate
Photo Archive
29 April 2024 03:01 PM Remco suffers higher net losses at EGP 1.5bn in 2023
Cairo – Mubasher: Remco for Tourism Villages Construction incurred non-consolidated net losses valued at EGP 1.55 billion in 2023, an annual hike from EGP 210.60 million. The loss per share enlarged to EGP 6.31 last year from EGP 0.85 in 2022, …
Real estate
Photo Archive
29 April 2024 08:28 AM 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 …
Financial Results
Photo Archive
22 April 2024 11:10 AM Fitness Prime anchors expansion plans via unit in Saudi Arabia
Cairo – Mubasher: The ordinary general meeting (OGM) of Fitness Prime Health Clubs agreed to raise the issued and paid-up capital to EGP 82.15 million from EGP 66.25 million. The EGP 15.90 million increase will be granted from the company’s net …
General Assembly
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31 December 2023 08:48 AM Golden Pyramids Plaza sees lower net profits in 9M-23
Cairo – Mubasher: Golden Pyramids Plaza posted consolidated net profits after tax worth $13.60 million in the first nine months (9M) of 2023, an annual plunge from $31.14 million, including minority interest. Revenues stood at $76.43 million as of …
Financial Results
Photo Archive
4 December 2023 10:10 AM Remco’s standalone losses cross EGP 969m in 9M-23
Cairo – Mubasher: The standalone net losses after tax of Remco for Tourism Villages Construction hit EGP 969.14 million in the first nine months (9M) of 2023, an annual hike from EGP 47.14 million. Loss per share reached EGP 3.93 in …
Financial Results
Photo Archive
19 November 2023 02:39 PM Egyptian Resorts suffers lower consolidated losses in 9M-23
Cairo – Mubasher: Egyptian Resorts Company incurred consolidated net losses after tax worth EGP 7.63 million in the first nine months (9M) of 2023, an annual plunge from EGP 84.85 million. Revenues enlarged year-on-year (YoY) to EGP 173.41 million …
Financial Results
Photo Archive
3 October 2023 09:41 AM Golden Pyramids Plaza records $12m standalone profits in H1-23
Cairo – Mubasher: Golden Pyramids Plaza recorded a year-on-year (YoY) drop in standalone net profit to $12.04 million during the first half (H1) of 2023, compared to $31.79 million. The EGX-listed firm posted revenues amounting to $45.77 billion …
Financial Results
Photo Archive
21 August 2023 01:01 PM Remco shifts to EGP 144.5m consolidated profits in H1-23
Cairo – Mubasher: Remco for Tourism Villages Construction turned to consolidated net profits after tax amounting to EGP 144.42 million in the first half (H1) of 2023, including minority interest. The generated profits were against net losses …
Real estate
Photo Archive
2 August 2023 01:56 PM Remco witnesses plunge in 2022 consolidated losses
Cairo – Mubasher: The consolidated net losses of after tax of Remco for Tourism Villages Construction dropped to EGP 235.53 million in 2022 from EGP 455.31 million in 2021, including non-controlling interest. Revenues hit EGP 225.34 million last …
Financial Results
Photo Archive
26 July 2023 09:16 AM Remco’s Q1-23 standalone losses shrink to EGP 16m
Cairo – Mubasher: Remco for Tourism Villages Construction incurred standalone net losses after tax amounting to EGP 15.90 million in the first quarter (Q1) of 2023, compared to EGP 51.16 million in Q1-22. Non-consolidated loss per share hit EGP …
Financial Results
Photo Archive
21 June 2023 08:44 AM NBE exits board membership in Sharm Dreams
Cairo – Mubasher: The National Bank of Egypt (NBE) resigned from its role as a board member in Sharm Dreams Company for Touristic Investment on 18 June. The EGX-listed company indicated that the resignation will be submitted to the ordinary …
Banking and Finance
Photo Archive
18 June 2023 11:08 AM Golden Pyramids Plaza logs over $33m consolidated profits in 2022
Cairo – Mubasher: The consolidated net profits after tax of Golden Pyramids Plaza amounted to $33.24 million in the 12-month period that ended on 31 December 2022. The registered net profits were year-on-year (YoY) higher than $4.91 million, …
Financial Results
Photo Archive
28 May 2023 01:06 PM Golden Pyramids Plaza’s standalone net profits near $40m in 2022
Cairo – Mubasher: Golden Pyramids Plaza achieved standalone net profits after tax worth $39.86 million in 2022, an annual leap from $15.39 million. Revenues amounted to $105.41 million during the January-December 2022 period, higher than $76.80 …
Financial Results
Photo Archive
2 March 2023 02:01 PM Remco incurs EGP 118m consolidated losses in 9M-22; turns profitable in Q3-22
Cairo – Mubasher: Remco for Tourism Villages Construction suffered consolidated net losses after tax worth EGP 117.70 million in the first nine months (9M) of 2022, versus EGP 334.48 million in 9M-21, including minority interest. The loss per …
Financial Results