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Qalaa looking at Africa, says ERC still in talks on debt restructuring
Qalaa Holdings is looking to expand its investments in African mining and energy firms, including in Tanzania, Mozambique and Ghana,…
UPDATED- ERC kicks off its debt restructuring plan
Qalaa Holdings subsidiary Egyptian Refining Company (ERC) is in talks for a debt restructuring agreement, ERC President Mohamed Saad said on…
Earnings watch: Qalaa, Juhayna, BdC report 3Q2021 results
Qalaa Holdings’ net losses narrowed slightly to EGP 440.7 mn in 3Q2021, down 0.6% y-o-y, according to the company’s earnings…
Qalaa losses ease in 2Q2021 on stronger revenues
Qalaa Holdings’ losses eased to EGP 401.5 mn in 2Q2021 from EGP 712.1 mn in the same period last year,…
Heikal settles ‘absentia’ ruling + Stellar earnings for ORWE
MARKET NEWS- Qalaa Holdings Chairman Ahmed Heikal has settled a case involving a single USD 4 mn cheque, which saw…
Qalaa losses deepen in 1Q2021 on ERC “difficulties”
Operational issues at the Egyptian Refining Company saw Qalaa Holdings turn in an EGP 478.6 mn loss in 1Q2021 compared…
Mining outfit ASCOM losses widen in 1Q2021
EARNINGS WATCH- Qalaa Holdings’ mining subsidiary ASCOM posted wider losses in 1Q2021 than it did a year ago, with EGP…
GERD headlines the talk shows ahead of emergency Arab League meeting
Diplomacy took center stage on the nation’s airwaves last night, as the talking heads mostly turned their attention to today’s…
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