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Citadel Capital posts solid growthCairo-based Citadel Capital has recorded solid improvement in its 2012 results with the company's Ebitda from its eight core operational platforms rising to EGP111.4 million ($15.9 million) fr More… |
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Asec Cement in Minya university dealAsec Cement, a core portfolio firm of leading MEA investment company Citadel Capital, said its two subsidiaries have signed a MoU with Minya University to help prepare students with the skills they need to seek meaningful employment in their fie More… |
Citadel Capital appoints new MDCitadel Capital, a leading investment company in Africa and the Middle East, has appointed Joelle Fahmy as its managing director. Fahmy will primarily be responsible for the firm’s network More… |
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Citadel company starts glasswool productionGlassRock Insulation Company, a portfolio company of Citadel Capital’s regional mining platform Ascom, said it has successfully completed the commissioning phase of its new production line for glasswool, an insulating material made from fi More… |
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Top Egyptian dairy announces major expansionDina Farms, a portfolio company of Gozour, Citadel Capital’s multi-category agriculture and consumer foods platform, has announced massive expansion plans aimed at boosting its raw milk production capacity by next year. Egyp More… |
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Citadel to recover some losses as assets riseEgyptian private equity firm Citadel Capital will recover some losses that were incurred because of falling asset values, managing director Stephen Murphy said on Monday. "As the stock market recovers and asset values improve More… |
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Citadel narrows H1 loss, boosts investmentsCitadel Capital, a leading private equity firm in the region, said its consolidated second-quarter net loss narrowed to EGP124.2 million ($20.36 million) from a previously stated 180.5 million pounds a year earlier. The firm, whic More… |
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EFG pumps $100m into Egypt refining firmEgypt-based EFG Hermes has partnered with InfraMed, a leading infrastructure fund in the Mena region, to invest $100 million in Egyptian Refining Company (ERC). A landmark $3.7 billion refining project developed by Cair More… |
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Sawiris to fund EFG Hermes takeover bidEgyptian billionaire Naguib Sawiris is helping finance a takeover bid for Egypt's biggest investment bank EFG Hermes that would ensure the company is not broken up, the bid consortium said. Plant IB, the group of Gulf investors and ban More… |
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Citadel Capital names new boardCitadel Capital, a leading private equity firm in Africa and the Middle East region, has announced a new board under the chairmanship of its founder Ahmed Mohamed Hassanein Heikal. The shareholders met today for their annual general meetin More… |
