Marsa Marsa Alam for Tourism Development SAE News - Mubasher Info
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16 June 12:31 PM

Marsa Marsa Alam for Tourism Development SAE (MMAT)

Last update: 15 June 10:32 AM market time.
0.00
0.17
4.82%
Open 3.53
Previous Close 3.53
High 3.70
Low 3.70
Stock Statistics
Volume 4,500
Turnover 16,650.00
All data are 15 minutes late during market session

News

Losses amounted to EGP 1.07 million in the first half of the year
13 August 2017 08:04 PM Marsa Alam narrows losses in H1-17
Cairo - Mubasher: The financial statements of Marsa Alam for Tourism Development showed a decline in losses by 84% year-on-year during the first half of 2017, according to a bourse filing. The company said in a statement to the Egptian Exchange …
Financial Results
Net losses decreased by 89% last year - (Photo Credit: Arabianeye-Reuters)
13 April 2017 02:12 PM Marsa Alam narrows losses in 2016
Cairo - Mubaser: The financial statements of Marsa Marsa Alam for Tourism Development showed a decline in losses by 88.88% in 2016, according to a bourse filing. The company said in a statement to the Egyptian Exchange (EGX) on Thursday that …
Financial Results
Marsa Alam may not see any direct revenues in 2016
28 December 2016 04:13 PM Marsa Alam may not see any direct revenues in 2016
Cairo – Mubasher: Marsa Marsa Alam for Tourism Development said it expects not seeing any direct revenues by the end of 2016. The company noted that it might only achieve indirect revenues that represented in the returns on the company’s deposits …
Corporate Actions
The company will pay this amount in light of the pre-flotation exchange rate - Photo Credit: Reuters
12 December 2016 00:56 PM Marsa Alam signs $2.27m debt settlement agreement with NBE
Cairo – Mubasher: Marsa Alam for Tourism Development signed a settlement agreement worth $2.27 million to clear its debts to the National Bank of Egypt (NBE), said the company in a bourse filing on Monday. The company will pay this amount in light …
Companies Investments
The stock rose 2.56% to EGP 0.80 on Sunday - (Photo credit: Company Website)
13 November 2016 10:12 PM Marsa Alam losses shrink 67% in 9M
Cairo – Mubasher: The unaudited financial statements showed that Marsa Alam for Tourism Development's losses decreased 67% in the first nine months of 2016. The company's suffered EGP 6.8 million losses in the nine-month period of 2016 from EGP …
Financial Results
Photo Credit: Company's Website
18 July 2016 01:38 PM Marsa Alam to develop EGP 70m tourism project
Cairo – Mubasher: Marsa Marsa Alam for Tourism Development said it plans to develop a tourism project in North Cost, worth EGP 70 million. The firm said it is in the middle of preparing the feasibility study to determine the project's final …
Companies Investments
Photo Credit: Company's Website
23 June 2016 11:40 AM Marsa Alam shareholders to convene 17 July
Cairo – Mubasher: The ordinary general meeting of Marsa Alam for Tourism Development will convene on 17 July 2016 to approve amended the tax returns for 2013, 2014, and 2015, according to a bourse filing. The ordinary meeting will also look into …
Corruption
The company lost EGP20.6 million in 9 months
3 April 2016 00:53 PM Marsa Alam losses deepen 542% in 2015
Cairo – Mubasher: Marsa Alam for Tourism Development saw a surge in 2015 losses by 542% year-on-year to EGP21.5 million from EGP3.5 million, the company’s financial results revealed. In the first nine months of 2015, the company logged a net loss …
Financial Results
Photo Archive
3 March 2016 00:48 PM Marsa Alam incurs EGP21m losses in 9M
Cairo – Mubasher:  Marsa Marsa Alam for Tourism Development incurred EGP 21 million losses  for the first nine months of 2015, instead of EGP1.2 million, according to an auditor designated by the Egyptian Financial Supervisory Authority (EFSA) to …
Management Decisions
Photo Credit: Arabianeye - Reuters
3 December 2015 10:40 AM EGX suspends trading on Marsa Alam for Tourism
Cairo - Mubasher: The Egyptian Exchange (EGX) decided to suspends trading on Marsa Marsa Alam for Tourism Development. The decision came upon a request from the Egyptian Financial Supervisory Authority (EFSA), as it runs an inspection of the …
Markets Regulations
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14 May 2015 00:56 PM Marsa Alam Q1 profits climb to EGP 1.1m
Cairo-Mubasher: Marsa Marsa Alam for Tourism Development posted net earnings of EGP 1.1 million ($144,000) in the three-month period ended 31 March, a surge of 1,172% from EGP 86,700 ($11,300) a year ago.The EGX-listed company operates with EGP 50 …
Financial Results
14 August 2014 03:08 PM Marsa Alam H1 profit plunges 88% y/y
Marsa Marsa Alam For Tourism Development posted a drop by 87.7% in H1-14 net profit to EGP 204.61 thousand, from EGP 1.664 million net profit reported in the year-ago period.The company had posted EGP 3.287 million net profit in FY13, …
Company News
4 May 2014 03:18 PM Marsa Alam's rights issue fully covered
Marsa Alam for Tourism Development said its rights issue was 100% covered.The company has finalized its capital increase to a total of EGP 50 million with EGP 30 million rights issue, through issuing EGP 30 million …
Company News