Egypt’s AMIC profits hit EGP 221.358m in ’23

Egypt-based Arab Moltaka Investments Company (AMIC) achieved a net profit of 221.358 million Egyptian pounds in 2023, compared to 148.443 million pounds in 2022, according to its statement sent to EGX on Tuesday.

AMIC is a company that specialises in industrial and agricultural investments. The company focuses on land reclamation and cultivation, fisheries and animal wealth development, and real estate and touristic investments in accordance with Islamic Shariah principles.