Thursday 14 November 2019
 
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Citadel

Qalaa Holdings Q3 revenue jumps 40pc

Egypt’s Qalaa Holdings (formerly Citadel Capital), a leader in energy and infrastructure, has posted 40 per cent year-on-year (y-o-y) revenue growth in 3Q18 to EGP3,278.7 million ($208 million) on the back of strong results from its energy

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Qalaa Holdings Q3 revenue jumps 40pc

Egypt’s Qalaa Holdings (formerly Citadel Capital), a leader in energy and infrastructure, has posted 40 per cent year-on-year (y-o-y) revenue growth in 3Q18 to EGP3,278.7 million ($208 million) on the back of strong results from its energy

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Qalaa Holdings Q3 revenue jumps 40pc

Egypt’s Qalaa Holdings (formerly Citadel Capital), a leader in energy and infrastructure, has posted 40 per cent year-on-year (y-o-y) revenue growth in 3Q18 to EGP3,278.7 million ($208 million) on the back of strong results from its energy

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Aleppo citadel wall damaged in blast

A section of the wall of the ancient citadel in Aleppo was destroyed by an explosion in a tunnel under the city, state media and activists reported on Sunday. The Syrian Observatory for Human Rights said the damage occurred when g

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Qalaa posts 46pc rise in Q1 gross profit

Qalaa Holdings, formerly Citadel Capital, has reported a gross profit of EGP238.1 million ($33.2 million) in the first quarter of 2014 (1Q14), marking a 46 per cent increase over the corresponding period in 2013. The company accor

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Citadel sells stake in Sudanese Egyptian Bank

Egypt's Citadel Capital said it was selling its majority stake in the Sudanese Egyptian Bank to the Islamic Solidarity bank of Sudan for $22 million. The move is part of a programme to shed non-core assets and focus on energy,

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Citadel Capital to close rights issues on April 9

Citadel Capital, a leading investment company in the Middle East and Africa, has received regulatory approvals to close its capital increase with full subscription on April 9.   The rights issue will bring the fi

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Citadel unit eyes exit from Algerian firm

Citadel Capital, a leading regional investment company, said its subsidiary ASEC Cement is looking to divest its minority stake in Algeria's Zahana Cement Company as part of its drive to focus on majority-owned investments and drive efficien

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Citadel Capital appoints food processing head

Citadel Capital, a leading investment company in the Middle East and Africa, has appointed Ahmed El Rashidi to head a portfolio of food processing companies. The group includes leading Egyptian confectioner Rashidi El-Mizan, juice

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Citadel Capital invests $376m in assets

Citadel Capital, a leading investment company in the region, said it has completed asset purchases and add-on investments worth a combined EGP2.63 billion ($376.2 million). The new acquisitions and follow-on investments are part o

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