B Investments Holdings (BINV)

Cairo – Mubasher: B Investments Holding has acquired a 90% stake in Orascom Financial Holding (OFH), according to a bourse disclosure. The transaction was concluded on 17 April 2024, while the Financial Regulatory Authority (FRA) granted its …

Cairo – Mubasher: B Investments Holding posted a consolidated net profit of EGP 693.76 million in 2023, down from EGP 1.33 billion a year earlier. The basic and diluted earnings per share (EPS) reached EGP 3.17 each last year, down from EGP 5.25 …

Cairo – Mubasher: B Investments Holding’s board of directors has approved investing $3 million in Basata Holding for Financial Payments and its affiliates. The investment is set to fund Basata’s regional expansion plan, according to a bourse …

Cairo – Mubasher: B Investments Holding obtained the approval of the Financial Regulatory Authority (FRA) to acquire 90% of the capital of Orascom Financial Holding (OFH). The transaction will be implemented through a stock exchange without the …

Cairo – Mubasher: The shareholders of B Investments Holding agreed to increase the issued capital to EGP 1.17 billion from EGP 800.12 million, according to a bourse disclosure. The transaction will be implemented at a fair value of EGP 25.22, …

Cairo – Mubasher: B Investments Holding posted an annual drop in consolidated net profits after tax to EGP 619.44 million during the first nine months (9M) of 2023, versus EGP 998.92 million, including non-controlling interest. Other revenues …

Cairo – Mubasher: B Investments Holding posted consolidated net profits after tax amounting to EGP 553.97 million in the first half (H1) of 2023, versus EGP 60.45 million in H1-22, including non-controlling equity. Revenues hiked to EGP 344.44 …

Cairo – Mubasher: B Investments Holding recently allocated EGP 300 million to EZ International, according to a bourse statement. The listed company carried out the transaction through its 60%-owned B Pharma, which is an investment vehicle …

Cairo – Mubasher: The board of B Investments Holding approved the acquisition of equity ownership between 51% and 90% of Orascom Financial Holding’s share capital through a mandatory tender offer (MTO). The board members also authorised the …

Cairo – Mubasher: The consolidated net profits after tax of B Investments Holding widened to EGP 463.83 million during the first quarter (Q1) of 2023 from EGP 22.30 million in Q1-22, including non-controlling equity. Revenues amounted to EGP 64.50 …

Cairo – Mubasher: The Sovereign Fund of Egypt (TSFE), through its TSFE Healthcare & Pharma Subfund, has teamed up with private equity firm B Investments Holding as well as El-Ezaby Pharmacy to launch EZ International, breaking new ground in …

Cairo – Mubasher: B Investments Holding recorded consolidated net profits after tax worth EGP 1.33 billion in 2022, versus EGP 105.30 million in 2021, including minority shreholders' rights. The revenues amounted to EGP 1.50 billion last year, …

Cairo – Mubasher: The ordinary general meeting (OGM) of B Investments Holding agreed to disburse cash dividends worth EGP 640.09 million or EGP 4 per share for 2022. The shareholders greenlighted the board’s dividends proposal on 20 March 2023, …

Cairo – Mubasher: B Investments Holding registered EGP 860.89 million in standalone net profit after tax in 2022, an annual leap from EGP 123.43 million. Non-consolidated income hit EGP 999.39 million last year, compared to EGP 174.83 million in …

Cairo – Mubasher: B Investments Holding sold its 6.38% stake in TotalEnergies Marketing Egypt (TE) to TotalEnergies Marketing Afrique SAS (TEMA) for $27.60 million, bringing the company’s total equity value to $433 million. B Investments announced …

Cairo – Mubasher: Rolaco EGB Investment increased its equity ownership in B Investments Holding to 5.01% from 4.67%, according to a bourse filing. Rolaco EGB Investment purchased 550,000 shares in the EGX-listed firm for EGP 11.27 million, at an …

Cairo – Mubasher: B Investments Holding announced signing two agreements with The Sovereign Fund of Egypt (TSFE) to invest in specialised healthcare and pharmaceutical distribution and trade services in Egypt. The deals were signed through the …

Cairo – Mubasher: B Investments Holding said that the total company valuation of Giza Systems has increased to $128 million from $119 million. This comes after reviewing Giza Systems' working capital and cash balances, according to a bourse filing …

Cairo – Mubasher: B Investments Holding’s board agreed to sign a put option agreement to sell the company’s entire stake of 6.38% in TotalEnergies Marketing Egypt (TE) to TotalEnergies Marketing Afrique SAS (TEMA) for $27.60 million. Furthermore, …

Cairo – Mubasher: The consolidated net profits after tax of B Investments Holding totalled EGP 998.92 million in the first nine months (9M) of 2022, higher than EGP 72.92 million in 9M-21, including non-controlling interests. The EGX-listed firm …

Riyadh – Mubasher: Arabian Internet and Communication Services Company (solutions) has completed all procedures required to conclude the acquisition of 88.19% of Giza Systems Company, and 34% of Giza Arabia, which represents the shares that are …

Cairo - Mubasher: B Investments Holding’s net profits fell to EGP 60.45 million in the first half (H1) of 2022, compared to EGP 72.51 million in the corresponding period in 2021. Basic earnings per share (EPS) stood at EGP 0.38 in H1-22, compared …

Mubasher: B Investments Holding has inked a share purchase agreement (SPA) to sell its 44.7% stake in Giza Systems to Arabian Internet and Telecommunication Company (Solutions), a subsidiary of Saudi Telecom Company (stc). On 3 April, the board …

Cairo – Mubasher: The consolidated net profits of B Investments Holding plunged to EGP 22.30 million in the first quarter (Q1) of 2022, compared to EGP 50.62 million in the year-ago period, including minority shareholders' rights. The company …

Cairo – Mubasher: The ordinary general meeting (OGM) of B Investments Holding has approved a cash dividend distribution of EGP 0.50 per share for 2021. The cash dividend distribution aggregates at a total value of EGP 80.01 million, according to a …