
Egypt: CI Capital's logs $7mln consolidated profits in Q1 2025
Operating revenues grew to EGP 2.129 billion in the first three months of the year from EGP 1.495 billion in the corresponding quarter a year earlier.
At the level of the standalone financial statement, the company recorded net profits after tax of EGP 627.066 million in Q1 2025, rising from EGP 456.227 million in Q1 2024.
Meanwhile, standalone operating revenues grew to EGP 14.538 million from EGP 16.821 million.
CI Capital is a diversified financial services group, which provides advisory on capital raising as well as mergers and acquisitions, in addition to asset management, securities brokerage, custody, and research through its investment banking platform.
© 2020-2023 Arab Finance For Information Technology. All Rights Reserved. Provided by SyndiGate Media Inc. (Syndigate.info).
Hashtags

Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles


Khaleej Times
5 hours ago
- Khaleej Times
Alpha Dhabi posts 23% surge in H1 revenue; eyes long-term expansion
Alpha Dhabi Holding, one of the fastest-growing investment holding companies in the Middle East and North Africa region, recorded revenue of Dh35.9 billion for the six-month period, up 23 per cent year-on-year. Supported by strong performances across its core verticals, the healthy results underscore the Abu Dhabi Securities Exchange-listed company's ability to sustain growth through a diversified and future-focused investment portfolio. Adjusted Ebidta rose 34 per cent to Dh8.7 billion, reflecting efficiency gains and growth momentum in strategic sectors, Alpha Dhabi said in a statement. The group's financial position remains solid, with total assets of Dh198.4 billion and equity of Dh98.1 billion. Net profit stood at Dh6.6 billion, broadly in line with the same period in 2024, despite lower non-recurring accounting gains due to fluctuations in the fair market value of certain listed portfolio companies. This performance reflects Alpha Dhabi's disciplined investment approach and its ability to generate sustainable shareholder value while advancing its vision for 2030, which emphasises innovation, strategic expansion, and socio-economic impact. Revenue contributions in the first half were well spread across its portfolio: industrial activities generated Dh13.4 billion, real estate Dh12.8 billion, construction Dh6 billion, and services and other segments Dh3.7 billion. The group's strategy of building scale, creating synergies, and enabling innovation is translating into tangible results, while its increasingly global footprint is also contributing to growth, with Dh4.6 billion in revenue generated from outside the UAE by its portfolio companies. Chairman Mohamed Thani Murshed Ghannam Al Rumaithi said Alpha Dhabi remains focused on building a resilient, future-ready economy for the UAE. 'Innovation and sustainable growth remain the cornerstones of our foundation as we invest with purpose, offering investors access to a diverse range of premium assets that matter to Abu Dhabi's economy,' he said. Managing Director and Group CEO Eng. Hamad Al Ameri added that growth remains the company's top priority across revenue, acquisitions, profitability, capabilities, innovation, and market impact. 'We are well positioned to build on this momentum throughout the rest of 2025 and beyond,' he said. The group's performance is also reflected in market recognition. In the Forbes Top 100 Listed Companies in the Middle East 2025, Alpha Dhabi ranked 14th, alongside four of its portfolio companies — Aldar Properties (30th), PureHealth (44th), NMDC Group (48th) and NMDC Energy (82nd). These accolades underscore the strategic importance of Alpha Dhabi's investments in shaping the UAE's regional economic influence. The company also received the Sharjah Excellence Award 2024, while PureHealth was named the UAE's Most Valuable Healthcare Brand by Brand Finance. NMDC Energy received The ICV Excellence Award for semi-governmental manufacturers at the Make it in Emirates forum in Abu Dhabi. The group's subsidiaries have been active in expanding their market positions. Aldar Properties advanced its presence in Abu Dhabi's real estate sector with strategic acquisitions, including premium warehousing and light industrial real estate in the Al Dhafra region, and unveiled a Dh40 billion masterplan for Fahid Island, positioning it as a new landmark destination. The company also announced a partnership with Hilton to launch Abu Dhabi's first Waldorf Astoria Residences on Yas Island. In the industrial sector, Trojan General Contracting and Samsung C&T began work on a 1,000-megawatt open-cycle gas turbine power plant in Al Dhafra, supporting the UAE's energy needs and aligning with its Artificial Intelligence strategy. PureHealth expanded its insurance arm Daman into the property and casualty segment and partnered with Cincinnati Children's Hospital to bring world-class paediatric care to Abu Dhabi. NMDC Energy strengthened its Saudi market presence by extending a long-term agreement with Aramco and signed a memorandum with Al Gharbia to boost domestic pipe production capacity. Alpha Dhabi has also been active in fostering innovation in the energy sector, supporting the Enersol initiative to identify the best AI-driven energy technology start-ups, backed in partnership with Adnoc Drilling and C3 - Companies Creating Change. In hospitality, ADMO Lifestyle Holding, part of the group, expanded into high-end luxury through its partnership with Red Sea Global to launch the Nammos Resort AMAALA in Saudi Arabia and increased its stake in Lebanese fine dining brand Em Sherif. Established in 2013, Alpha Dhabi Holding has grown into a diversified investment powerhouse with more than 250 businesses across healthcare, renewable energy, petrochemicals, real estate, construction, and hospitality. Employing over 95,000 people, it is a major contributor to the UAE economy and remains committed to driving long-term value through targeted investments, innovation, and diversification.


Zawya
6 hours ago
- Zawya
ExxonMobil launches third edition of 'EXCITE' program
Cairo – As part of its ongoing commitment to supporting its partners across the region, ExxonMobil has launched the third edition of its flagship training program 'EXCITE,' reaffirming its collaborative approach to enhancing regional cooperation and empowering customers and distributors in the automotive and industrial lubricants sectors through comprehensive capacity building. The prominent event was hosted in Cairo, bringing together 57 participants from 16 different markets across Egypt, Africa, and the Middle East, including representatives from authorized distributors, alliances, and joint ventures. This year's edition reaffirms ExxonMobil's pivotal role in supporting its partners, sharing expertise, and driving growth in the energy and industrial sectors in Egypt and the Middle East. As one of the region's top exporters, ExxonMobil supplies its products to around 21 countries across Africa and the Middle East. EXCITE goes beyond being a training initiative, it serves as an integrated platform that empowers partners by enhancing leadership, sales, and marketing capabilities, bolstering their competitiveness, and reflecting ExxonMobil's commitment to building not only long-term but also sustainable partnerships. In this regard, Eng. Amr Abou Eita, Chairman and Managing Director of ExxonMobil Egypt and Regional Manager of Lubricants Sales for Africa and the Middle East, commented: 'With Egypt's ongoing economic growth, we understand that our true success lies in supporting our partners across the region. We are committed to cultivating trust and maintaining constant engagement with all our customers and distributors in Egypt, Africa, and the Middle East. This is a core pillar of ExxonMobil's long-term strategy to invest in people and strategic partnerships. EXCITE is a testament to this approach, fostering collaboration and knowledge-sharing to drive sustainable innovation, support industry-wide progress, and reaffirm Egypt's role as a regional hub for talent development.' Eng. Mohamed El-Assar, Africa and Middle East Sales Manager at ExxonMobil, added: 'The third edition of EXCITE has achieved remarkable success, thanks to the continued support of our strategic partners, especially our key distributors in Egypt and the region. This year, EXCITE was more than just a training program—it was a celebration of collaboration and partner development across Africa and the Middle East. The enthusiasm and active participation of all attendees underscore the power of shared learning and the significance of our regional partnerships. We remain committed to equipping energy professionals with the tools they need to lead, innovate, and thrive—building more agile, skilled, and connected capabilities across the region, supporting our ongoing growth, market expansion, and driving sustainable development in our target markets.' It is worth noting that ExxonMobil, while always keen on enhancing the capabilities of its partners and clients, also pays significant attention to community development. The company pursues this through key pillars, such as education and training, women's economic empowerment, innovation, and entrepreneurship. About ExxonMobil ExxonMobil, one of the largest publicly traded international energy and petrochemical companies, creates solutions that improve quality of life and meet society's evolving needs. The corporation's primary businesses - Upstream, Product Solutions and Low Carbon Solutions – provide products that enable modern life, including energy, chemicals, lubricants, and lower emissions technologies. ExxonMobil holds an industry-leading portfolio of resources, and is one of the largest integrated fuels, lubricants, and chemical companies in the world. ExxonMobil also owns and operates the largest CO2 pipeline network in the United States. In 2021, ExxonMobil announced Scope 1 and 2 greenhouse gas emission-reduction plans for 2030 for operated assets, compared to 2016 levels. The plans are to achieve a 20-30% reduction in corporate-wide greenhouse gas intensity; a 40-50% reduction in greenhouse gas intensity of upstream operations; a 70-80% reduction in corporate-wide methane intensity; and a 60-70% reduction in corporate-wide flaring intensity. With advancements in technology and the support of clear and consistent government policies, ExxonMobil aims to achieve net-zero Scope 1 and 2 greenhouse gas emissions from its operated assets by 2050. To learn more, visit and ExxonMobil's Advancing Climate Solutions. Follow us on LinkedIn, Instagram and X.


Zawya
6 hours ago
- Zawya
Tatweer Misr launches its first hospitality brand, 'Bay House,' in strategic collaboration with Brassbell Hospitality Group
Cairo, Egypt – Tatweer Misr, a leading real estate developer in Egypt, has officially announced the launch of its first hospitality brand, Bay House, in strategic collaboration with Brassbell Hospitality Group, a company renowned for its smart hospitality solutions. This launch reflects Tatweer Misr's continued commitment to delivering added value and an integrated, elevated experience across its developments. Bayhouse is currently available in the company's North Coast projects, D- Bay & Fouka Bay. This step aims to extend a premium hospitality experience across Egypt's most prominent integrated urban communities. The introduction of Bay House highlights Tatweer Misr's dedication to meeting the evolving needs of its clients by offering innovative, lifestyle-enhancing hospitality services. The collaboration with Brassbell Hospitality group—a market leader in upscale serviced apartments and boutique hotels across Egypt and Saudi Arabia—demonstrates Tatweer Misr's commitment to maintaining the highest standards of quality and excellence across all touchpoints. The decision to partner with Brassbell hospitality group is driven by the company's proven ability to deliver advanced hospitality solutions that merge professional property management with commercial expertise. With a data-driven operational model supported by modern technologies, Brassbell ensures high operational efficiency and a superior guest experience—an approach that aligns seamlessly with Tatweer Misr's vision of maximizing investment value and delivering world-class standards across its developments. 'The launch of Bay House marks a pivotal leap in the experience we offer our clients across our projects. Our goal is to deliver hospitality services that meet international standards—elevating residents' lifestyle—while simultaneously maximizing investment returns for unit owners. Expanding into the hospitality sector is an integral part of our strategy to diversify Tatweer Misr's investment portfolio, enrich the value we provide to investors, and respond to the market's growing demand for integrated living experiences that combine housing, investment, and services,' — Dr. Ahmed Shalaby, President & CEO of Tatweer Misr. 'Our collaboration with Tatweer Misr marks the beginning of a long-term strategic alliance aimed at redefining standards in hospitality and integrated living along Egypt's North Coast. By combining Tatweer Misr's visionary developments with Brassbell's hospitality expertise, we are committed to delivering exceptional value and seamless experiences to residents, investors, and guests. Bay House by Brassbell stands as a testament to this partnership, offering tailored hospitality that enriches coastal living and unlocks elevated lifestyle opportunities.' — Mr. Ahmed Ibrahim, CEO of Brassbell Hospitality Group. As a cornerstone of Tatweer Misr's broader diversification strategy, Bay House is expected to significantly boost occupancy rates through hotel-grade property management that ensures the preservation of unit quality and facilities. By offering services comparable to those of international hotels, this initiative will enable property owners to benefit from a consistent income stream while sustaining the long-term value of their assets. Brassbell's selection as the operating partner for Bay House is underpinned by its wide-ranging portfolio, which includes boutique hotels, serviced apartments, and tech-enabled property management. The company is a leading entity in the serviced apartment market, managing 26 properties, with an ambitious target to reach 1,200 units by the end of 2025. To date, Brassbell has hosted over 400,000 guests across 780+ active units in hospitality destinations such as Zamalek, Downtown Cairo, Alexandria, Hurghada, the North Coast and Jeddah. Building on its vertically integrated approach, BHG leads every stage of the hospitality journey—from curating unique concepts to developing, operating, and managing experience-led destinations. Through this partnership with Tatweer Misr, BHG continues to solidify its position as a forward-thinking hospitality operator, delivering world-class hotel experiences with a local identity, and shaping the future of hospitality in Egypt and the region. About Tatweer Misr Established in 2014, Tatweer Misr is a leading Egyptian shareholding company with a vertically integrated business model spanning multiple development sectors. Driven by a visionary approach, the company is committed to developing sustainable, smart urban communities that set new benchmarks in real estate development. Innovation lies at the heart of Tatweer Misr's DNA, shaping every facet of the business, from master planning and design to construction, smart infrastructure, and community living. This commitment is further strengthened by the company's alignment with global sustainability practices and ESG principles, ensuring responsible, future-focused growth. Tatweer Misr brings this vision to life through a portfolio of six iconic projects that have established its footprint across Egypt's most strategic locations. These include the award-winning IL Monte Galala on the Red Sea; North Coast landmarks Fouka Bay, D-Bay, and Salt, each redefining coastal living; Bloomfields, a mixed-use, first-home community in Mostakbal City, East Cairo; and Rivers, an upscale residential development in West Cairo, each designed to redefine modern, sustainable living. Through its visionary developments, operational excellence, and people-first values, Tatweer Misr continues to shape a smarter, more sustainable future for Egypt's real estate landscape. About Brassbell Hospitality Group Brassbell Hospitality Group (BHG) is a next-generation hospitality and lifestyle developer-operator based in Egypt, with an expanding footprint across the region. Focused on transforming real estate into exceptional, experience-led destinations, BHG operates a vertically integrated model that spans development, design, operations, technology, and asset management — offering end-to-end solutions that align creative vision with commercial performance. Its portfolio includes boutique hotels, branded residences, and serviced apartments in key markets across Egypt and the region, with active properties in Cairo, the North Coast, and Jeddah. In addition to operating assets, Brassbell is a concept curator and brand creator, developing original hospitality IPs that respond to evolving travel, wellness, and lifestyle trends. Technology and innovation are central to BHG's operating model, with smart, data-driven platforms that enhance efficiency, scalability, and guest experience. From reviving heritage landmarks to building new coastal retreats, Brassbell delivers hospitality with soul, precision, and long-term value. As one of the region's most dynamic and design-forward players, Brassbell is shaping the future of hospitality in Egypt and the wider Middle East — rooted in place, powered by innovation, and driven by impact.