Al Ahly for Development and Investment (AFDI)

Cairo – Mubasher: Pico Investments raised its equity ownership in Al Ahly for Development and Investment (AFDI) to 15.05% from 14.66%, according to a recent bourse disclosure. Pico Investments purchased 45,000 shares in the EGX-listed company for …

Cairo – Mubasher: The consolidated financial results of Al Ahly for Development and Investment showed a 77% year-on-year (YoY) leap in its net profits during 2019. The company’s net profits surged to EGP 14.98 million last year from EGP 8.46 …

Cairo – Mubasher: The consolidated financial results of Al Ahly for Development and Investment showed a 4.65% year-on-year profit decline during the first nine months of 2019. Net profits fell to EGP 11.26 million in the nine-month period ended 30 …

Cairo – Mubasher: Al Ahly for Development and Investment reported a 61% year-on-year profit hike during the first half of 2019. Net profits reached EGP 9.68 million during the six-month period ended 30 June, compared to EGP 6 million in the …

Cairo – Mubasher: Al Ahly for Development and Investment stock rose to its highest level in 30 months (since December 2014), supported by announcing negotiations to acquire Sigma Capital. By 12:40 pm, the stock jumped 9.9% to reach EGP 12.2. …

Cairo – Mubasher: Al Ahly for Development and Investment on Monday announced that it will start negotiations to acquire Sigma Capital for financial investments, according to a bourse filing. The acquisition will take place through a share swap in …

Cairo - Mubasher: The consolidated financial statements of Al Ahly for Development and Investment showed a drop in profit by 64% in the first quarter of 2017, according to a bourse filing. The company said in a statement to the Egyptian Exchange …

Cairo - Mubasher: The financial statements of Al Ahli Development and Investment showed a surge in profits by 1033% in 2016 due to the rise in FX gains. The company said in a statement to the Egyptian Exchange (EGX) on Tuesday that profits …

Cairo – Mubasher: Al Ahli Development and Investment said its financial position won’t be negatively impacted by the difference of the foreign exchange rates that resulted from the company’s repurchase of 2 million stocks from its unit - Nile …

Cairo – Mubasher: Al Ahli Development and Investment said it will buy back two million shares it has sold previously to its subsidiary - Nile Financial Leasing. Al Ahli Development is capitalized at EGP 200 million, distributed across 20 million …

Cairo – Mubasher: Al Ahli Development and Investment Company’s consolidated profit rose in the first quarter of fiscal 2016 by 150.7% year-on-year. Consolidated net profit reached EGP 5.34 million in Q1-16, versus EGP 2.13 million in Q1-15, …

By: Waleed Abdul Salam Cairo – Mubasher: Papyrus tourism fund is expected to be established during June 2016, Al Ahli Development and Investment Company’s Investment Manager, Hussam Heiba, told Mubasher on Monday. The fund, established by Ayyady …

Cairo – Mubasher: El Ahli Investment and Development (AFDI) said Sunday its financial results for the first nine months of 2015 showed turning to losses, according to a bourse filing. The company logged EGP 461,800 net loss for the nine-month …

Al Ahli Development and Investment Co.’s profits for 2014 declined by around 49.4%, the company said in its consolidated financial statements for the fiscal year ended 31 December 2014.  The statements showed net profits of EGP 3.9 million …

The consolidated financial statements of El Ahli Investment and Development showed that H1-14 net profit amounted to EGP 3.5 million, with an increase by 39% from EGP 2.5 million in H1-13.Q1-14 net profit had amounted to EGP 1.9 million, …