Latest in Tag: Qalaa Holdings Highlight
Latest in Tag: Qalaa Holdings
Qalaa records net loss of EGP 242.7m in Q1 2016 despite 20% increase in revenues
Despite the increase in revenues, Qalaa Holdings also recorded a net loss worth EGP 242.7m, greater than the EGP 119.1m loss reported last year.
Qalaa Holdings closes sale of Misr Glass Manufacturing, United Glass Company
The sale is at a combined equity value for 100% of both MGM and UGC of EGP 828m
Qalaa Holdings divests from MGM and UGC for EGP 828m
The company has sold its shares in several companies including Sudanese Egyptian Bank and Pharos Holding
Qalaa Holding’s Gozour sells 2 businesses
Cheese products manufacturer El-Misrieen sold at EGP 50m
Qalaa seals sale and purchase of Rashidi El-Mizan
Value of transaction is EGP 518m
Qalaa’s ASEC Cement sells stakes in 2 firms to Misr Cement Qena
The transaction, worth approximately EGP 1bn, is expected to take place on 20 November
Qalaa Holdings in negotiations to exit Sphinx Direct Investment
The structure of the deal depends on swapping Sphinx stock’s for shares in oil companies
Qalaa Holdings to introduce Rift Valley Railways at conference
The conference will shed the light on Qalaa Holdings’ planned strategy for increasing “the presence of Egyptian businesses in Africa, with a particular focus on East African nations”, a company statement read.
Qalaa Holdings expected to exit Dina Farms, Rashidi El Mizan by Q3 2015: MD
It is expected that by the third quarter (Q3) of this year, a final agreement will be settled.
EGP 750m investments for Taqa Arabia in 2015: Executive Chairman
Company is executing 150MW capacity power plant to use gas in oil fields
Qalaa Holding considers obtaining international funds
The company assigns Renaissance Capital to study the possibility
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
Qalaa Holding sees EGP 8bn capital increase
Company records 46% surge in gross profit year-on-year, report says