QALA For Financial Investments (Qalaa Holding) News - Mubasher Info
KSA
Mubasher TV
 Contact Us Advertising   العربية
KSA
TDWL Closed
05 April 09:01 PM

QALA For Financial Investments (CCAP)

Last update: 02:28 PM market time.
3.99
0.00
0.00%
Open 3.98
Previous Close 3.98
High 4.06
Low 3.97
Stock Statistics
Volume 90,290,558
Turnover 362,712,704.00
All data are 15 minutes late during market session

News

The revenues slid to EGP 8 billion in the January-March period
27 June 2021 11:38 AM Qalaa Holdings suffers EGP 1.95bn loss in Q1-21
Cairo - Mubasher: Qalaa Holdings reported consolidated net losses of EGP 1.95 billion during the first quarter (Q1) of 2021, up by 23.4% year-on-year (YoY) from EGP 1.58 billion, including minority shareholders' rights.  The company's losses …
Financial Results
Photo Credit: Pixabay
14 June 2021 06:43 PM Qalaa Holdings explains Chairman’s travel ban situation
Cairo – Mubasher: Qalaa Holdings said on Monday that the company’s Chairman Ahmed Heikal was informed that his name appears on the travel ban list. In a disclosure to the Egyptian Exchange (EGX), Qalaa said that this happened as the chairman was …
Companies Investments
The facilities will be mainly directed to the establishment of 40 new natural gas stations
3 June 2021 01:48 PM TAQA Arabia inks EGP 916m financing deals with NBE
Cairo – Mubasher: TAQA Arabia, a subsidiary of Qalaa Holdings, signed financing contracts worth EGP 916 million with the National Bank of Egypt (NBE) to expand its investment plans. The Vice Chairman of NBE, Yehia Abou El-Fotouh, affirmed that the …
Banking and Finance
Revenues grew by 148% to EGP 35.9 billion in 2020
4 May 2021 11:29 AM Qalaa Holdings incurs EGP 2.5bn loss in 2020
Cairo – Mubasher: Qalaa Holdings reported net losses of EGP 2.553 billion in 2020, up from EGP 1.135 billion in 2019, excluding minority shareholders’ rights. The loss increase was primarily due to losses incurred by its 13.1%-owned Egyptian …
Financial Results
TAQA Water offers diversified solutions in the field of water treatment and desalination
7 April 2021 02:06 PM TAQA Arabia becomes MENA's first integrated energy, water utilities provider
Cairo – Mubasher: TAQA Arabia, a subsidiary of Qalaa Holdings, has expended its business portfolio to be the first integrated energy and water utilities provider in the MENA region through the launch of TAQA Water. The new subsidiary will provide …
Companies Investments
Sales of housing units at the project are estimated at about EGP 826 billion
9 February 2021 04:56 PM CI Capital raises Talaat Moustafa Group's TP on Capital Gardens project
Cairo – Mubasher: CI Capital said that the residential project that Talaat Moustafa Group Holding (TMG Holding) plans to build in the Capital Gardens has raised its assessment for the target price (TP) by 50% or EGP 3.85 per share to EGP 7.50, …
Stock Evaluations
The AOI also agreed with TAQA Arabia to establish natural gas refuelling stations
21 January 2021 05:23 PM Egypt’s AOI inks cooperation protocol to manufacture natural gas cylinders
Cairo – Mubasher: The Arab Organization for Industrialization (AOI) signed a protocol of cooperation with Qalaa Holdings, while another protocol was signed between ASEC for Manufacturing and Industrial Projects and TAQA Arabia. The protocol is …
Macroeconomics
Qalaa Holdings generated EGP 26.53 billion in revenue in nine months
13 December 2020 00:03 PM Qalaa Holdings sees losses widen 595% in 9M
Cairo – Mubasher: The consolidated net losses of Qalaa Holdings widened by 595% year-on-year (YoY) to EGP 6.26 billion in the first nine months of 2020 from EGP 901.23 million, including minority shareholders’ rights. Losses attributed to the …
Financial Results
The company’s revenues hiked to EGP 17.8 billion
1 October 2020 01:35 PM Qalaa Holdings loss balloons 195% in H1
Cairo – Mubasher: Qalaa Holdings incurred consolidated net losses of EGP 1.12 billion in the first half (H1) of 2020, up by 194.68% year-on-year (YoY) from EGP 379.13 million, including minority shareholders’ rights. The company’s revenues hiked …
Financial Results
Qalaa Holdings controls ERC and owns an indirect stake of 13.1%.
28 September 2020 11:38 AM Qalaa Holdings reviews economic impact of Mostorod refinery
Cairo – Mubasher: Qalaa Holdings reviewed the impact of its subsidiary Egyptian Refining Company’s (ERC) refinery in Mostorod on economy and environment. The $4.3 billion Mostorod refinery, inaugurated by the President Abdel Fattah El-Sisi on …
Companies Investments
The project has an annual output capacity of 4.7 million tonnes
27 September 2020 02:10 PM Egypt's Mostorod complex to cut imports by up to $1bn annually
Cairo – Mubasher: Egypt’s new Mostorod hydrocracking complex is expected to cut petroleum imports from $600 million to $1 billion annually, Chairman of Qalaa Holdings, Ahmed Heikal, said. The Egyptian Refining Company’s (ERC) project was …
Macroeconomics
The company sold 3.09 million shares in ASCOM
30 August 2020 01:54 PM Qalaa Holdings cuts stake in ASCOM
Cairo – Mubasher: Qalaa Holdings reduced its stake in Asec Company for Mining (ASCOM) to 54.05% from 61.32%. The company sold 3.09 million shares in ASCOM for EGP 25.25 million at an average price of EGP 8.17 a share, according to a bourse filing …
Insider Trading & Treasury Stocks
The new fueling station has the capacity to handle 30 vehicles per hour
14 July 2020 02:00 PM TAQA Arabia, Chill Out launch 1st natural gas fuelling station in New Cairo
Cairo – Mubasher: TAQA Arabia’s Master Gas has inaugurated the first natural gas fuelling station in New Cairo’s Rehab City in collaboration with the National Road Company’s Chill Out. The new natural gas fueling station has the capacity to handle …
Company News
The company’s revenues surged to EGP 10.4 billion
5 July 2020 11:39 AM Qalaa Holdings records 9-fold rise in losses in Q1-20
Cairo – Mubasher: Qalaa Holdings reported net losses of EGP 1.58 billion during the first quarter (Q1) of 2020, up by 824% year-on-year (YoY) from EGP 171.4 million, including minority shareholders' rights, the consolidated financial statements …
Financial Results
Qalaa Holdings turned to losses of EGP 1.525 billion in 2019
4 May 2020 00:59 PM ERC generates $160m operational profits in Q4-19
Cairo – Mubasher: Qalaa Holdings announced that its greenfield Egyptian Refining Company (ERC), which reached full production capacity in August 2019, sold about 2.8 million tonnes of refined products to the Egyptian General Petroleum Corporation …
Financial Results
the company’s revenues grew to EGP 14.916 billion
4 May 2020 11:21 AM Qalaa Holdings moves to losses in 2019
Cairo – Mubasher: Qalaa Holdings announced turning to losses during 2019, the consolidated financial statements showed.    The company incurred net losses of EGP 1.525 billion last year, versus net profits of EGP 929.068 million in 2018, including …
Financial Results
The ERC is operating at an average capacity utilisation of 85%
19 December 2019 03:34 PM TAQA Arabia, ERC expected to turn Qalaa Holdings to profitability by 2020
Cairo – Mubasher: Qalaa Holdings is expected to turn profitable by 2020 with the consolidation of the Egyptian Refining Company's (ERC) results in the first quarter of next year.   “Management currently expects the consolidation of profits from …
Companies Investments
The Egyptian company suffered net losses of EGP 901.23 million
19 December 2019 00:01 PM Qalaa Holdings turns to losses in 9M
Cairo – Mubasher: The consolidated financial statements of Qalaa Holdings showed a turn to losses during the first nine months of 2019. The Egyptian company suffered net losses of EGP 901.23 million in the nine-month period ended 30 September, …
Financial Results
Taqa Arabia’s shares will be offered in Q2-20
3 December 2019 03:45 PM Qalaa Holdings to float two units in 2020 – Chairman
Cairo – Mubasher: Qalaa Holdings is planning to float shares of two subsidiaries on the Egyptian Exchange (EGX) next year, the company’s chairman Ahmed Heikal told CNBC Arabiya. Taqa Arabia’s shares will be offered in the second quarter of 2020, …
Initial Public Offerings
ERC's annual output capacity will be raised to 5.5 million tonnes by 2021
20 October 2019 00:08 PM Qalaa Holdings plans to float shares of 8 units on EGX
Cairo – Mubasher: Qalaa Holdings plans to float shares of eight of its subsidiaries on the Egyptian Exchange (EGX) before the end of 2023, the company’s chairman Ahmed Heikal told Reuters. The Egyptian investment bank aims to offer shares of its …
Companies Investments
Qalaa Holdings owns a 13.14% stake directly and indirectly in ERC
26 September 2019 00:15 PM ERC to start commercial operation in Q4 – Qalaa Holdings
Cairo – Mubasher: Qalaa Holdings is set to launch the commercial operation of the Egyptian Refining Company (ERC) by the fourth quarter of 2019, the company’s chairman Ahmed Heikal revealed in a statement on Thursday. Currently, the ERC is raising …
Companies Investments
Revenues rose to EGP 6.9 billion
26 September 2019 11:01 AM Qalaa Holdings suffers EGP 450m loss in H1 despite higher revenue
Cairo – Mubasher: Qalaa Holdings announced turning to losses during the first half of 2019, the company’s consolidated financial statements showed.    The Egyptian firm incurred net losses of EGP 449.6 million during the six-month period ended 30 …
Financial Results
Higher oil prices will positively impact Qalaa's unit
18 September 2019 04:00 PM Oil price hike to play in favour of AMOC, Qalaa Holdings – Analyst
By: Heba El-Kordy Cairo – Mubasher: The projected increase in oil prices, resulted from the terrorist attacks against Saudi Aramco’s facilities, is expected to benefit Egypt-listed companies, Alexandria Mineral Oils Co (AMOC) and Qalaa Holdings, …
Companies Investments
Oil prices reached their highest level in four months
16 September 2019 05:36 PM Five EGX-listed firms among top beneficiaries of oil shock
By: Heba El-Kordy Cairo – Mubasher: Five Egyptian petrochemical firms are most likely to benefit from a possible short-term supply shock, a report released by MubasherTrade Research showed. Globally, oil prices reached their highest level in four …
Stock Evaluations
All the project’s units are operating
12 September 2019 02:39 PM Egyptian Refining Company’s units in full operation – Qalaa Holdings
Cairo – Mubasher: Qalaa Holdings announced the start of operation of the hydrocracker in its Egyptian Refining Company (ERC) project. Currently, all the project’s units are operating, the company said in a statement to the Egyptian Exchange (EGX) …
Companies Investments