Egyptians controlled 83.96% of the value traded during the quarter, EGX report noted
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Company expected to announce details on new exit before the end of 2014, according to co-founder and managing director
Qalaa Holdings sells Sphinx Glass in line with its framework to abandon “non-core” projects
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
The company who made the purchase offer remains unidentified.
Investment company sells its stake in the Sharia-compliant bank to Islamic Solidarity Bank of Sudan for $22m
The company marks a 1.9% year on year increase in revenues
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 …
New transportation service to start in two weeks, expected to save between three to five hours
Citadel Capital aiming to transform from a hybrid private equity firm to an investment company, says the company
Company cites economic impact following 30 June protests
Minister of electricity and energy: Dairut factory will be the first of its kind in Egypt to operate on a BOO scheme
Citadel Capital’s website reported in June that the firm has $9.5 billion invested in 15 different industries across 15 countries.
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 …
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 …