news

Edita to purchase 2% treasury stocks
06 - Mon - Apr - 2020
Edita to purchase 2% treasury stocks
Edita Food Industries (EFID) decided to purchase 2% of its capital as treasury stocks during the period starting April 6th until June 5th.Edita's board of directors approved purchasing 14,507,258 shares of the company's share capital.Even though the effects of coronavirus' spreading, this decision asserts the trust of…
Madinet Nasr Housing to distribute EGP 0.45 per share
06 - Mon - Apr - 2020
Madinet Nasr Housing to distribute EGP 0.45 per share
Madinet Nasr Housing and Development (MNHD) announced the distribution of the cash dividends of EGP 0.45 per share, according to a statement sent to the Egyptian exchange.The company will distribute the dividends onto two tranches to recorded shareholders on April 6th.The first tranche is valued at EGP…
Heliopolis Housing’s board resigns
06 - Mon - Apr - 2020
Heliopolis Housing’s board resigns
Heliopolis Company for Housing and Development (HHD) announced an alternative plan for management rights will be announced soon,  according to a bourse statement on Monday.A new plan to develop the company will be adopted by a new board of directors upon being formed, following the resignation of…
Sharm Dreams approves 2019's financial results
06 - Mon - Apr - 2020
Sharm Dreams approves 2019's financial results
Sharm Dreams Co. for Tourism Investment (SDTI) decided not to distribute dividends to shareholders for 2019. In late March, Sharm Dreams' ordinary general meeting approved the financial results and for 2019.The company posted a net profit of EGP 65.444 million in 2019, against incurring net losses of EGP 25.917 million…
EGX announces limits of Delta for Printing’s price moves, trading halts
06 - Mon - Apr - 2020
EGX announces limits of Delta for Printing’s price moves, trading halts
The Egyptian Stock Exchange (EGX) announced the limits of a price move and trading halt downward for Delta for Printing & Packaging (DTPP) share at 23.72% and 19.48%, respectively, of the closing price of April-5th session.The EGX's decision has come based on that the value of cash dividends…