Stocks traded in Q1 2015 record EGP 79.8bn
Egyptians controlled 83.96% of the value traded during the quarter, EGX report noted
Latest in Tag: Citadel Capital Highlight
Latest in Tag: Citadel Capital
Al Qalaa targets 25% revenue growth, $700m from noncore industries’ exit: Hisham El-Khazindar
Company expected to announce details on new exit before the end of 2014, according to co-founder and managing director
Saudi-based CPC buys Qalaa’s Sphinx Glass for EGP 1.3bn
Qalaa Holdings sells Sphinx Glass in line with its framework to abandon “non-core” projects
Citadel Capital’s assets surge to EGP 30bn
The firm said in January it expects to make asset purchases with a value of EGP 132m, in addition to EGP 2.928bn purchases made earlier this year
Citadel Capital’s Sphinx Glass receives a $112m purchase offer
The company who made the purchase offer remains unidentified.
Citadel Capital sells 66.12% stake in Sudanese Egyptian bank
Investment company sells its stake in the Sharia-compliant bank to Islamic Solidarity Bank of Sudan for $22m
Citadel Capital records EGP 10.5m net profit in 2013
The company marks a 1.9% year on year increase in revenues
Citadel Capital says completes $530m investments
Reuters – Egyptian private equity firm Citadel Capital said on Sunday it had completed an EGP 3.7bn ($530m) programme of buying additional stakes in its subsidiaries. The purchases are part of Citadel’s transformation into an investment company that will hold majority stakes in subsidiaries in five core industries: energy, transportation, agrifoods, mining and cement, the …
NMT launches project to transship containers via water barges
New transportation service to start in two weeks, expected to save between three to five hours
Citadel Capital purchases assets and adds investment worth EGP2.6bn
Citadel Capital aiming to transform from a hybrid private equity firm to an investment company, says the company
Citadel Capital narrows its net loss by 38.3% in Q3
Company cites economic impact following 30 June protests
Electricity and energy ministry to hold bid for BOO power station in Dairut
Minister of electricity and energy: Dairut factory will be the first of its kind in Egypt to operate on a BOO scheme
PEI300: Citadel Capital retain stop-position in Africa
Citadel Capital’s website reported in June that the firm has $9.5 billion invested in 15 different industries across 15 countries.
Egypt’s Citadel to grow staple crops in South Sudan
By Ulf Laessing / Reuters JUBA: A unit of Egyptian private equity firm Citadel Capital plans to cultivate up to 40,000 acres of farmland in South Sudan to sell staple foods such as maize in the newly-independent nation, an executive said on Tuesday. South Sudan seceded from Sudan in July under a peace agreement that ended …
Sea Dragon to revise NPC Egypt share purchase agreement
CAIRO: Sea Dragon, a Calgary-based energy company, is revisiting the terms of the share purchase agreement for National Petroleum Company Egypt Limited (NPC Egypt), a wholly owned portfolio company of regional private equity firm Citadel Capital. Sea Dragon cited “the uncertain global economic situation and continued volatility in the global capital markets” as underpinning …