Concrete Fashion Group for Commercial and Industrial Investments

Cairo - Mubasher: The board of directors of Arafa for Investment and Consultancies unanimously approved establishing a fully-owned limited-liability company in Dubai. The new firm will specialise in the trade of ready-made garments and will be …

Cairo - Mubasher: Arafa for Investment and Consultancies announced that the company’s vice chairman and managing director, Alaa Ahmed Abdelmaksoud Arafa, has transferred 87.57 million shares to his daughters Shams Alaa Ahmed Arafa and Malak Alaa …

Cairo - Mubasher: Arafa for Investment and Consultancies reported a 6,775% year-on-year (YoY) surge in its consolidated net losses to $9.9 million in the February-April period, compared to $144,009.  The revenues declined to $28.77 million during …

Cairo – Mubasher: Arafa for Investment and Consultancies turned to net losses of $6.36 million in the company’s fiscal year ended 31 January, against net profits of $15.2 million a year earlier, including minority shareholders’ rights. The …

Cairo – Mubasher: Arafa for Investment and Consultancies reported an 86.29% year-on-year (YoY) drop in its consolidated net profits, logging $1.49 million in the nine-month period ended 31 October, compared to $10.85 million. The company’s …

Cairo – Mubasher: Arafa for Investment and Consultancies announced that its 98.2%-owned Baird Group has received the exclusive rights to design, manufacture, distribute, and sell Ted Baker -branded products in the UK, Europe, and other markets for …

Cairo – Mubasher: The board of directors of Arafa for Investment and Consultancies decided to establish a new company in the Dubai Multi Commodities Centre (DMCC) under the name of FC Trading DMCC. The new company will have a capital of AED …

Cairo – Mubasher: Arafa for Investment and Consultancies reported a 392% year-on-year (YoY) leap in its consolidated profit during the year ended on 31 January 2020. The company’s net profits surged to $15.2 million during the 12-month period from …

Cairo – Mubasher: Arafa for Investment and Consultancies reported a 682% year-on-year profit hike during the nine-month period ended 31 October, the company’s consolidated financial statement showed. Net profits surged to $10.8 million in the …

Cairo – Mubasher: Arafa for Investment and Consultancies reported a 137% year-on-year profit surge during the six-month period ended 31 July, driven by the higher financing revenues, the company’s consolidated financial statements showed. Net …

Cairo – Mubasher: Arafa for Investment and Consultancies (AIVC) announced that its shareholders had approved the merger of three units into the parent company during an extraordinary general meeting (EGM). Al Arafa for Investment in Garments …

Cairo – Mubasher: Arafa for Investment and Consultancies (AIVC) reported a 13.1% year-on-year decline in its profits during the first quarter of fiscal year 2019/2020, the company’s consolidated financial results showed. Net profits retreated to …

Cairo – Mubasher: Arafa for Investment and Consultancies (AIVC) reported a 56% year-on-year decline in consolidated profits for fiscal year 2018/2019 ended last January. The company recorded a net profit of $3.08 million in the February-to-January …

By: Heba El-Kordy Cairo – Mubasher: Chairman of Arafa for Investment and Consultancies Alaa Ahmed Abel Maksoud Arafa has completely exited from CI Capital Holding in less than a month, netting EGP 164.85 million. Earlier this month, Arafa sold a …

Cairo – Mubasher: Arafa for Investment and Consultancies on Tuesday announced the inauguration of the first branch of the new store Brands Hub in Egypt. EuroMed Trade, a subsidiary of Arafa Group, is seeking to reinforce its business in the …

Cairo – Mubasher: Arafa for Investment and Consultancies (AIVC) on Monday reported a 35.8% year-on-year rise in consolidated profits for the first half of 2018. Net profit amounted to EGP 3.26 million in the six-month period ended June, versus EGP …

Cairo – Mubasher: A four-company consortium in coordination with Tahya Misr 'Long Live Egypt' Fund submitted a request to the General Authority For Investment and Free Zones (GAFI) to establish a textile city in the Upper Egypt governorate of El …

Cairo – Mubasher: Arafa for Investment and Consultancies on Sunday announced setting up a joint company between its subsidiary Al Arafa for Investment in Garments Manufacturing and Italy’s Gherardi with a capital of AED 100,000. The Egyptian …

Cairo – Mubasher: Arafa for Investment and Consultancies has no plans to inject new investments at present, especially after the Central Bank of Egypt’s (CBE) decision to raise interest rates by 200 basis points, the company’s chairman, Alaa …

Cairo – Mubasher: Arafa for Investment and Consultancies expected its sales to grow in fiscal year 2017-2018 to $300 million. The company plans to raise its stake in Egypt’s total exports of ready-made garments to 14%, a bourse filing said on …

Cairo – Mubasher: Arafa for Investment and Consultancies posted on Monday a year-on-year fall of 37.3% in its consolidated profits for fiscal year 2016. Consolidated net profit amounted to $7.8 million in FY16, compared to $12.45 million for FY15, …

Cairo – Mubasher: Arafa for Investment and Consultancies said it works on expanding its operations within the Egyptian ready - made clothes sector. The company also plans to develop its outlets chains that are represented in Concrete and Euro med …

Cairo – Mubasher: Arafa for Investment and Consultancies turned into losses during the period extended from July to October 2016, a bourse filing revealed on Tuesday in light of the consolidated results. Over the four months ended 31 October 2016, …

Cairo – Mubasher: Arafa for Investment and Consultancies’ consolidated profits fell 21.8% during the period between 1 May and 30 July 2016, according to a bourse filing. The company’s net profits reached $1.79 million in the second quarter of 2016 …

Cairo – Mubasher: The shares of Arafa for Investment and Consultancies Co. hit its lowest level since its listing date. The company’s stocks slipped 7.7% to $0.12 by 12.45 P.M on Thursday’s trading session with trading value of EGP 12,500 up on …