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Madinet Masr Reports Results for 9M 2025 Madinet Masr reports resilient results for the first nine months of 2025, maintaining strong profitability and operational momentum as it expands its deliveries and development footprint across its megaprojects
. Madinet Masr, one of Egypt’s leading urban community developers, announced today its consolidated financial results for the nine-month period ended 30 September 2025 (9M 2025), including its subsidiaries operating across construction, real estate investments, and other related business lines. For 9M 2025, Madinet Masr reported a net profit of EGP 2.4 billion on total revenue of EGP 7.4 billion.…
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Valu and El Kasrawy Group Partner to Expand Flexible Car Financing Solutions through Valu Shift
Valu, MENA’s leading universal financial technology powerhouse, announced a strategic collaboration with El Kasrawy Group, one of Egypt’s most prominent automotive conglomerates and the exclusive agent for Jetour, JAC and Citroën vehicles, to offer customers a diverse range of flexible car financing solutions through Valu Shift, Valu’s innovative car financing product. This partnership underscores both companies’ shared commitment to expanding…
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volunteered to plant 1,000 mangrove tree
TotalEnergies Marketing Egypt employees volunteered to plant 1,000 mangrove trees in Marsa Alam as part of a CSR initiative Cairo, November 05, 2025 – As part of its ongoing commitment to supporting sustainability efforts and environmental preservation, and in celebration of World Cleanup Day, TotalEnergies Marketing Egypt, (a Joint Venture between TotalEnergies Marketing Afrique and ADNOC Distribution) in collaboration with…
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Stellantis Advances Global Robotaxi Strategy With New Collaboration With NVIDIA, Uber and Foxconn
• Designed to pave the way for: o Expanding Stellantis’ growing ecosystem for Level 4 (driverless) autonomous mobility worldwide o Combining vehicle engineering, AI computing, ride-hailing operations, and electronics into a scalable solution o Building on Stellantis’ AV-Ready Platforms to deliver safe, efficient, and affordable robotaxi services • Reinforces Stellantis’ global approach to collaboration with leading technology and mobility partners…
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Arcius to Expand Regional Gas Footprint with Acquisition of Egypt’s Harmattan Field in the Eastern Mediterranean
Development includes drilling up to three wells, installation of a fixed offshore platform and construction of 50-kilometer pipeline Arcius is a joint venture between bp and XRG launched in December 2024 combining the pair’s deep technical capabilities and proven development track records to grow a highly competitive gas portfolio Strategic acquisition for Arcius as it starts to deliver on its…
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Madinet Masr Reports EGP 36.3 Bn in New Sales, 112% Increase in Deliveries in 9 Months, and Over EGP 2 Bn in Reservations
Madinet Masr (EGX code: MASR.CA), one of Egypt’s leading real estate developers, reported a strong performance during the first nine months of 2025, achieving new sales of EGP 36.3 billion with reservations exceeding EGP 2 billion. These figures underscore the company’s growing performance, the strength of its financial position, and the success of its expansion strategy aimed at developing its…
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A new dawn for industry with over 1,000 clean projects in development worldwide, setting the stage for near-term acceleration
● 70 new projects worth $140 billion of investment set to be shovel-ready in coming months, identified by Industrial Transition Accelerator and Mission Possible Partnership ● Strong growth in financed projects: 19 plants have secured funding so far this year with 12 based in China ● New evidence confirms clean chemicals and fuels markets are advancing, driven by existing and…
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EFG Hermes Advises EKH on the Sale of Delta Insurance to Wafa Assurance
EFG Hermes, an EFG Holding company and the leading Investment Bank in the Middle East and North Africa(MENA), announced today that it acted as sole financial advisor to Egypt Kuwait Holding (EKH), the majority holder of Delta Insurance Company, on the EGP 5.0 billion mandatory tender offer (MTO) by Wafa Assurance to acquire up to 100% of Delta Insurance. Wafa…
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Emirates NBD Egypt Achieves Net Profit of EGP 4.3 bn by End of September 2025
Emirates NBD Egypt, one of the largest banks operating in the Egyptian banking sector, announced strong growth in its financial performance for the period ended September 30, 2025. The bank achieved net profit of EGP 4.3 bn during the first nine months of 2025, compared to EGP 4 bn during the same period of 2024, reflecting a growth rate of…
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EFG Holding Announces the Successful Completion of an EGP 4.2 Billion Capital Increase at Bank NXT with Full Shareholder Participation and Strong Operating Momentum
EFG Holding today announced the successful completion of a capital increase at Bank NXT, executed at par value with full participation from all shareholders. The total capital increase amounted to EGP 4.2 billion, to which EFG Holding contributed EGP 2.143 billion. EFG Holding will maintain its 51% stake following the capital increase, preserving majority ownership.This will bring the bank’s book…
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