news

EKH to pay 5 cents/shr dividends for FY17
25 - Sun - Mar - 2018
EKH to pay 5 cents/shr dividends for FY17
The ordinary general meeting (OGM) of Egypt Kuwait Holding (EKH) approved the board’s recommendation to pay 20% of capital as a cash dividend for fiscal year 2017.EKH, which is listed on both Boursa Kuwait and the Egyptian Stock Exchange (EGX), will pay 5 cents per…
Egypt’s Naeem begins dual listing on DFM
25 - Sun - Mar - 2018
Egypt’s Naeem begins dual listing on DFM
The Dubai Financial Market (DFM) on Sunday welcomed the listing of Egypt-based NAEEM Holding for Investment.A leading investment company in the Middle East and North Africa (MENA) region, Naeem will now be dually listed on the DFM and the Egyptian Exchange (EGX). Naeem will trade under the stock…
Domty profit soars 140% in 2017
25 - Sun - Mar - 2018
Domty profit soars 140% in 2017
 Arabian Food Industries Co (Domty) on Sunday posted a 140% year-on-year hike in consolidated profits during the full-year 2017 due to a growth in sales.Net profit stood at EGP 61.52 million last year, compared to EGP 25.5 million in 2016, including minority shareholders’ rights, the company…
EGX opens Sunday in red
25 - Sun - Mar - 2018
EGX opens Sunday in red
The Egyptian Exchange (EGX) started Sunday’s trading session down, pressured by local and Arab selling.By 10:23 am Cairo time, the benchmark EGX30 index tumbled 136.46 points, or 0.8%, to 16,928 points.The EGX70 index dipped 0.3% to 875.65 points, and the EGX100 index slid 0.835 to 2,232…
Boursa Kuwait nods to KWD 1.6m private transaction on EKH
25 - Sun - Mar - 2018
Boursa Kuwait nods to KWD 1.6m private transaction on EKH
Boursa Kuwait has issued its approval to execute a private transaction on Egypt Kuwait Holding (EKH), according to a bourse filing on Sunday.The private transaction includes 5.9 million shares and is valued at KWD 0.270 each or a total of KWD 1.59 million ($6.5 million).It is…