B Investments Holdings (BINV)

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 …

Cairo - Mubasher: Vodafone Egypt Telecommunications has raised its ownership stake in TBE Egypt for Payment Solutions and Services (Bee) and Applications & Payment Systems Development APSD (Masary), the subsidiaries of Ebtikar Holding for …

Cairo – Mubasher: The board of B Investments Holding has accepted a binding offer submitted by Arabian Internet and Communications Services Company (solutions) to acquire the Egyptian firm’s 44.70% entire stake in Giza Systems Company. Giza …

Cairo – Mubasher: The standalone net profits of B Investments Holding retreated by 44.5% year-on-year (YoY) to EGP 123.43 million in 2021, compared to EGP 222.66 million in 2020. The company's revenues declined to EGP 174.83 million in 2021 from …

Cairo – Mubasher: B Investments Holding has established B Healthcare Investments with an authorised capital of EGP 1 billion to invest in specialised healthcare companies in Egypt. The newly established company has signed an agreement to acquire a …

Cairo – Mubasher: B Investments Holding reported net profits of EGP 72.51 million in the first half (H1) of 2021, down by 41% year-on-year (YoY) from EGP 122.93 million, including minority shareholders' rights.  The company's revenues declined to …

Cairo – Mubasher: Rimco EGT Investment has purchased 12.41 million shares of B Investments Holding for an average price of EGP 15.5 per share, according to a bourse disclosure on Tuesday. The total value of the purchase transaction was EGP 192.42 …

Cairo – Mubasher: The ordinary general meeting (OGM) of B Investments Holding approved a cash dividend of EGP 1.25 per share for 2020. The shareholders approved EGP 200.03 million as cash dividends and EGP 3.75 million as board remuneration, the …

Cairo – Mubasher: The consolidated net profits of B Investments Holding surged by 66.2% year-on-year (YoY) to EGP 287.9 million in 2020, compared to EGP 173.23 million. The losses attributable to minority interests reached EGP 797,460 last year, …

Cairo – Mubasher: The board of Ebtikar Holding for Financial Investments, the owner of Bee and Masary, has approved to ink a Memorandum of Understanding (MoU) to allow Vodafone Egypt to buy a 20% stake in each of the two e-payment platforms to …

Cairo – Mubasher: Ebtikar Holding for Financial Investments, a joint venture (JV) between MM Group for Industry and International Trade and B Investments Holdings, is executing a restructuring plan of its investments to prepare for listing its …

Cairo – Mubasher: The board of directors of B Investments Holdings approved a decision to sell the company’s entire stake of 60% in Béard SA for EGP 19 million to be paid in installments. The book value of the company’s investments in Béard SA …

Cairo – Mubasher: B Investments Holdings has signed an agreement to sell 20% of its stake in Total Egypt to the French multinational integrated oil and gas company Total SA for a value of EGP 146.4 million. Upon completion of the transaction, the …