{"id":661261,"date":"2025-02-25T00:00:00","date_gmt":"2025-02-25T00:00:00","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2025\/02\/25\/qalaa-holdings-inaugurates-two-factories-with-combined-investments-of-egp-427-mn\/"},"modified":"2025-02-25T00:00:00","modified_gmt":"2025-02-25T00:00:00","slug":"qalaa-holdings-inaugurates-two-factories-with-combined-investments-of-egp-427-mn","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2025\/02\/25\/qalaa-holdings-inaugurates-two-factories-with-combined-investments-of-egp-427-mn\/","title":{"rendered":"Qalaa Holdings inaugurates two factories with combined investments of EGP 427 mn"},"content":{"rendered":"<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"> <strong>Qalaa <\/strong><strong>Holdings opens new herb drying facility with EGP 400 mn in investments: <\/strong>EGX-listed Qalaa Holdings inaugurated a new herb drying facility for its subsidiary Dina Farms, completing the EGP 400 mn first phase of the project, according to a <a target=\"_blank\" href=\"https:\/\/ent.news\/2025\/2\/2318.pdf\" style=\"\" rel=\"noopener\">statement<\/a><a target=\"_blank\" href=\"https:\/\/ent.news\/2025\/2\/2318.pdf\" style=\"\" rel=\"noopener\">(pdf)<\/a>. The factory has received the needed international certifications to begin production for export, the release added.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\">(<strong>Tap or click the headline above to read this story with all of the links <\/strong>to our background as well as external sources.)<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Qalaa also inaugurated a new EGP 27 mn production line <\/strong>for glass wool pipe insulation at <a target=\"_blank\" href=\"http:\/\/www.glassrock.com.eg\/\" style=\"\" rel=\"noopener\">Glass Rock Insulation<\/a>, a subsidiary of Qalaa\u2019s ASCOM.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Both facilities stand to boost FX revenues:<\/strong> \u201cWe expect export revenues from insulation products and the new herb drying facility to reach around USD 40 mn,\u201d Qalaa Holdings founder and chairman Ahmed Heikal said, adding that the company\u2019s export revenues reached USD 47.7 mn in the first nine months of 2024.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The company expects the new facilities to increase export revenues by USD 40 mn<\/p>\n","protected":false},"author":1,"featured_media":661262,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[7272],"tags":[72,125,131,613],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-661261","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-investment-watch","tag-enterpriseam","tag-investment-watch","tag-manufacturing","tag-qalaa-holdings","wpautop","entry"],"acf":{"mongo_id":"3b7d15cb-36e3-4832-b374-ac479c2a728c","order":"7","is_powered_by":false,"story_type":"1","photo_url":"https:\/\/ent.news\/2025\/2\/2368.jpg","photo_position":"above","homepage_title":"","full_issue_title":"Qalaa Holdings inaugurates two factories with combined investments of EGP 427 mn","related_issue":[661249],"teaser":"The company expects the new facilities to increase export revenues by USD 40 mn","voice_url":"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2025\/2\/.81295099-f998-48d6-8d79-f6775671a9e1.mp3"},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.1 (Yoast SEO v27.1.1) - 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We have another busy issue for you today \u2014 let\u2019s get into it.THE BIG STORY TODAY Qalaa Holdings opens new herb drying facility with EGP 400 mn in investments: EGX-listed Qalaa Holdings has inaugurated a new herb drying facility for its subsidiary Dina Farms,\u2026","rel":"","context":"In &quot;WHAT WE\u2019RE TRACKING TONIGHT&quot;","block_context":{"text":"WHAT WE\u2019RE TRACKING TONIGHT","link":"https:\/\/enterpriseam.com\/egypt\/category\/what-were-tracking-tonight\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2025\/2\/2279.jpeg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":597095,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/07\/16\/egypts-qalaa-to-invest-egp-400-mn-in-portfolio-company-dina-farms\/","url_meta":{"origin":661261,"position":1},"title":"Egypt\u2019s Qalaa to invest EGP 400 mn in portfolio company Dina Farms","author":"enterpriseam admin","date":"16 July 2019","format":false,"excerpt":"INVESTMENT WATCH- Qalaa to invest EGP 400 mn in portfolio company Dina Farms: Qalaa Holdings is planning to invest upwards of EGP 400 mn within three years in its dairy and fresh milk operation Dina Farms, Chairman Ahmed Heikal said at a press conference, according to Reuters\u2019 Arabic service. Qalaa\u2026","rel":"","context":"In &quot;Speed Round&quot;","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":600555,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/02\/03\/saudis-olayan-buys-5-mn-qalaa-holdings-shares-for-egp-19-mn\/","url_meta":{"origin":661261,"position":2},"title":"Saudi\u2019s Olayan buys 5 mn Qalaa Holdings shares for EGP 19 mn","author":"enterpriseam admin","date":"3 February 2019","format":false,"excerpt":"M&A WATCH- Saudi\u2019s Olayan acquires 5 mn Qalaa Holdings shares for EGP 19 mn: Olayan Saudi Investment Company (OSIC) has bought 5 mn Qalaa Holdings shares at 3.82 per share, EFG Hermes said in an EGX disclosure (pdf). OSIC now owns 5.17% of Qalaa, up from 3.71% previously. EFG acted\u2026","rel":"","context":"In &quot;Speed Round&quot;","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":596632,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/07\/03\/earnings-watch-qalaa-holdings-revenues-rise-13-y-o-y-in-1q2019-to-egp-3-4-bn\/","url_meta":{"origin":661261,"position":3},"title":"EARNINGS WATCH- Qalaa Holdings\u2019 revenues rise 13% y-o-y in 1Q2019 to EGP 3.4 bn","author":"enterpriseam admin","date":"3 July 2019","format":false,"excerpt":"EARNINGS WATCH- Qalaa Holdings revenues rise 13%, losses narrow to EGP 154.6 mn: Qalaa Holdings\u2019 revenues rose 13% y-o-y in 1Q2019 to EGP 3.4 bn \u201con the back of robust results posted across its subsidiaries,\u201d the company said in its earnings release (pdf). The company singled out its energy platform,\u2026","rel":"","context":"In &quot;Speed Round&quot;","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":597831,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/05\/06\/qalaa-holdings-expects-revenues-to-exceed-egp-90-bn-next-year\/","url_meta":{"origin":661261,"position":4},"title":"Qalaa Holdings expects revenues to exceed EGP 90 bn next year","author":"enterpriseam admin","date":"6 May 2019","format":false,"excerpt":"Qalaa Holdings expects to record revenues north of EGP 90 bn (USD 5.25 bn) next year, Chairman Ahmed Heikal told Reuters. Some EGP 50-55 bn will come from the investment company\u2019s Egyptian Refining Company, which is expected to produce 2.4 mn tonnes of diesel every year after it begins operations\u2026","rel":"","context":"In &quot;Speed Round&quot;","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":591942,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/12\/22\/qalaa-holdings-revenues-rose-21-y-o-y-in-3q2019\/","url_meta":{"origin":661261,"position":5},"title":"Qalaa Holdings revenues rose 21% y-o-y in 3Q2019","author":"enterpriseam admin","date":"22 December 2019","format":false,"excerpt":"EARNINGS WATCH- Qalaa Holdings revenues rose 21% y-o-y in 3Q2019 to EGP 3.9 bn on the back of a broad-based expansion in volumes at TAQA Arabia, the company\u2019s energy platform, Qalaa said in its earnings release (pdf). TAQA booked a y-o-y growth of 30% in 3Q219. Qalaa Holdings booked a\u2026","rel":"","context":"In &quot;Speed Round&quot;","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]}],"_links":{"self":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/661261","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/comments?post=661261"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/661261\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/issue\/661249"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media\/661262"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media?parent=661261"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/categories?post=661261"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/tags?post=661261"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/brand?post=661261"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=661261"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}