Latest in Tag: CI Capital Highlight
Latest in Tag: CI Capital
Taaleem reported EBITDA margin north of 50%, while being cash rich, debt free in FY 2019/20
News of Banque Misr’s intention to acquire further shares in CI Capital pushed company’s stock to its highest level in 8 months
CI Capital expects project’s housing unit sales would record about EGP 826bn
Taaleem reports EBITDA of over 50% in FY 2019/20
CI Capital Holding for Financial Investments has announced that its leasing arm, Corplease, has completed its 10th securitisation bond issuance, at a value of EGP 2.7bn. In a statement to the Egyptian Exchange (EGX) on Monday, the company said that the proceeds from the transaction will be used to deleverage the company’s balance sheet. They …
Company’s consolidated revenues stood at EGP 1.6bn during same period
The company was informed of the decision via letter from the Financial Regulatory Authority (FRA). Souhoola is subject to Law No 18 of 2020.
Bank purchases about 14m shares worth approximately EGP 58.1m
The average purchase price per share reached EGP 3.99, with the groups’ shareholder shares reaching 0.589%.
Bank to continue buying shares in CI Capital to bring its stake to 20-25%, say sources
In a related context, Madany said the size of the consumer finance market in Egypt is about EGP 15bn annually, while the informal market is much bigger.
The company’s total revenue reached EGP 2.6bn in 2019, up 39.2% YoY, with an NBFS contribution of 83.3%.
Total revenues reached EGP2.6bn growing 39.2% YoY
Group has EGP 9.2bn assets under management
The CBE is speculated to pump 50% of the expected liquidity during 1Q2020, while it will maintain interest rates during the remainder of this year.
CBE to keep rates on hold in November, December
CI Capital and its co-investors acquired Taaleem through a newly established investment vehicle, “EGY EDU Invest BV,” which is controlled by CI Capital
Company achieves net profit of EGP 207.7m in this period, up 39% y-o-y
Bidding firms are Hermes, CI Capital, Beltone Financial, HC, and Pharos
The Best Equity Fund for its 3 Years Cumulative Performance in 2019
The Best Equity Fund for its 3 and 5 Years Cumulative Performance in the MENA Region – 2019
CI Capital’s securities brokerage and trading arm, the Commercial International Brokerage Co (CIBC), has launched its new trading platform ‘Mahfazty’ which offers its clients a wide range of brokerage services, including real-time market watch, instant market updates, and live portfolio management to enable them to make well-placed decisions at suitable time. Ahmed Abdellatif – the …
We aim at regional expansion, yet depend on available opportunities, says MD
‘Thabat Fund’ achieved highest cumulative returns in Egyptian Market in 2018 with 20.80%
Company’s profit after taxes, minority interest, increased by 2.3 times
IPO of stake in ENPPI announced, postponed many times; initially scheduled to take place before end of 2017
CI Capital Holding financial services group, achieved total revenues of EGP 1.1bn, an increase of 46% from EGP 778m in the prior year, in the first six months (H1) of the calendar year (CY) 2018, according to a press statement issued on Wednesday. According to the consolidated financial results, the group’s net operating profits reached …
Investment bank said it aims to raise EGP 1.7bn
Company will use proceeds to expand existing businesses
CI Capital announced on a press statement on Thursday that it plans to list a 43.6% stake of its capital, which is equivalent to 246.9m shares on the Egyptian Exchange (EGX) through an initial public offering (IPO) in the second quarter (Q2)of 2018. Furthermore, the offering will consist of a secondary sale of shares by …