Egypt’s Qalaa Holdings revenues grow 27% y-o-y in 2021
Egypt’s Qalaa Holdings, one of the country’s largest investment companies, reported on Sunday a 27 percent…
Browsing Tag
Ahmed Heikal
Egypt’s Qalaa says chairman Ahmed Heikal settles $4 million cheque lawsuit
Egypt’s Qalaa Holdings said on Thursday its chairman Ahmed Heikal has settled a lawsuit filed against him due to a…
Egypt’s Qalaa Holdings revenues hit EGP 8 billion in Q1
Egypt’s Qalaa Holdings, one of the country’s largest investment companies, reported on Sunday a 23 percent…
Egypt’s Qalaa: chairman on no-fly list due to court ruling over unpaid $4 mln
Egypt’s Qalaa Holdings (CCAP.CA on the Egyptian bourse) said on Monday its chairman Ahmed Heikal was banned from…
Egypt’s Qalaa Holdings chairman banned from flying – Reuters
The chairman of Egypt's Qalaa Holdings (CCAP.CA on the Egyptian bourse), one of the country's largest investment…
Egypt’s Qalaa Holdings eyes tapping Ethiopia gold mining
Egypt’s Qalaa Holdings, one of the country’s largest investment companies, intends to invest in gold mining in…
Egypt’s Qalaa Holding to invest EGP10bln over 3 years
Egypt's Qalaa Holdings, one of the country's largest investment companies, to invest 10 billion Egyptian pounds…
Egypt’s Qalaa Holdings second-quarter revenues 8% up
Egyptian investment company Qalaa Holdings posted a 8 percent year-on-year increase in revenues to 3.5 billion…
Egyptian Qalaa Holdings’ shares plunge on diluted refinery stake
Shares in Qalaa Holdings, one of the largest investment companies in Egypt, dropped by nearly 10 percent on…
Egypt’s Qalaa to build solar plant for its agribusiness platform
Egyptian investment company Qalaa Holdings says it plans to establish a solar power plant to serve its agriculture…
Egypt’s Qalaa Holdings seen revenues surpassing $5.25 bln next year
Egyptian investment company Qalaa Holdings is expecting revenues to exceed 90 billion Egyptian pounds ($5.25…
Egypt’s Qalaa Holdings to invest $1.7 billion in next 3 years
Qalaa Holdings, one of Egypt’s largest investment companies, plans to invest 30 billion Egyptian pounds ($1.7…
Egyptian Refining Co.’s $3.6 bln plant will start up in 6 months
Egyptian Refining Co.’s new $3.6 billion processing plant will begin operations within six months, its Chairman,…
Egypt a major investment destination after after pound floatation: Qalaa
Egypt has become among the most important countries for foreign investments after it floated its currency last…
Qalaa: ERC’s refinery will save Egypt $1.8 billion annually
The Egyptian Refining Company’s (ERC), anticipated oil refinery project will save Egypt between $1.5 billion and…
Qalaa records Q1 2016 net loss of $27.33 mln
Qalaa Holdings, an African leader in energy and infrastructure, recorded first quarter net loss of 242.7 million…
Qalaa completes deal to sell microfinance company to EFG Hermes
Egypt-based Qalaa Holdings announced Sunday that one of its business units, Finance Unlimited decided to sell off…
Cairo reshapes Egypt-South Korea business council ahead of Sisi’s visit
Egyptian Industry Minister Tarek Qabil issued Saturday a ministerial decree to reform the Egyptian part of…
Qalaa’s ASEC Cement to sell subsidiaries to Misr Cement Qena
ASEC Cement, a subsidiary of Egypt's Qalaa Holdings, said Sunday it is to sell its entire stakes in ASEC Minya and…
Egypt’s Qalaa narrows Q1 Losses by 51.6%
Qalaa Holdings, one of Egypt's largest investment companies, released its consolidated financial results for the…
Who’s Who: Speakers at Egypt Economic Summit – Episode One
As Egypt’s landmark Economic Summit is soon to start this month, Amwal Al Ghad will publish daily episodes to get…
Qalaa Holdings’ Board approves EGP1.7 billion Capital Hike
One of Egypt's largest investment companies Qalaa Holdings, formerly Citadel Capital, announced Sunday that its…
Qalaa Holding Records EGP4.65 billion Revenues in 9 Months
Egypt’s Qalaa Holdings, an African leader in infrastructure and industry, reported on Sunday a 34 percent growth in…
Investors Eye Energy Opportunities as Egypt Slashes Subsidies
Ahmed Heikal, the head of one of Egypt’s largest investment companies, has been a long-time critic of the country’s…
Qalaa Holdings’ Founder Named African Business Leader of the Year
Qalaa Holdings (formerly Citadel Capital), an African leader in infrastructure and industry, announced Wednesday…
Qalaa Holdings Joins United Nations Global Compact’s Initiative
Egypt’s Qalaa Holdings (formerly Citadel Capital), an African leader in infrastructure and industry, announced…
Egypt’s Qalaa Holding Sees Return to Profit by Q1 2016
Egypt's Qalaa Holding expects to return to profit by early 2016 as it sells non-cash generating assets and…
Qalaa Holdings Eyes ‘$560 million Capital Top-up’
Egypt's Qalaa Holdings is considering a share issue worth some 4 billion pounds ($560 million) as part of efforts…
Egypt’s Qalaa Attains EGP1.6bn Revenues in Q2
Egypt's Qalaa Holdings (CCAP,formerly Citadel Capital) (CCAP.CA on EGX) attained EGP1.56 billion revenues within…
Qalaa Holdings’ Unit to Participate In Initial Phase of New Suez Canal
Qalaa Holdings (formerly Citadel Capital), an African leader in infrastructure and industry, announced Tuesday that…
Qalaa Holdings Chairman Raises Stake by 4% in Citadel Capital Partners
Ahmed Heikal, Chairman and Founder of the African leader in infrastructure and industry Qalaa Holdings (formerly…
Optimism about Egypt’s Outlook behind Citadel’s Capital Hike – Heikal
Ahmed Heikal, Founder and Chairman of Citadel Capital (CCAP.CA), the leading investment company in Africa and the…
Egypt’s Citadel Capital proposes $1.3 billion Electricity Station
Egypt's private equity firm Citadel Capital has tendered a proposal to the government to build a station to…
Citadel Capital: Assets Grow to EGP30 billion in FY13
Citadel Capital (CCAP) announced in a press release on Sunday, its Financial results for 4Q2013 and FY2013 posting…
Citadel Capital Receives $112mn Offer to Buy Stake in Sphinx Glass
Citadel Capital (CCAP.CA) announced on Tuesday it has received a US$112 million offer to acquire all Sphinx Glass…
Citadel Capital Says to Establish a new Energy Entity
Citadel Capital (CCAP.CA), the leading investment company in Africa and the Middle East, announced on…
Citadel Closes Fully Subscribed Capital Increase to EGP8 billion
Citadel Capital (CCAP.CA on the Egyptian Exchange), the leading investment company in Africa and the Middle East,…
Heikal: Divesting Non-core Assets, Mitigating Operational Risks are Key Priorities
Egypt’s Citadel Capital has three priorities for the current phase; divesting non-core assets, mitigating…
Heikal: Education, Corporate Governance Are Key to Sustaining Africa’s Demographics
Governments and corporations alike must step-up investments in education and corporate governance to sustain an…
Citadel’s ASEC Cement in Talks to Divest Stake in Algeria’s Zahana
Leading regional investment company Citadel Capital looks to divest its minority stake in Zahana Cement Co. as…