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Egypt: Development and Engineering Consultants' consolidated profits hike 31.2% YoY in 2024
Egypt: Development and Engineering Consultants' consolidated profits hike 31.2% YoY in 2024

Zawya

time14-04-2025

  • Business
  • Zawya

Egypt: Development and Engineering Consultants' consolidated profits hike 31.2% YoY in 2024

Arab Finance: Development and Engineering Consultants recorded 31.28% year-on-year higher consolidated profits attributable to the parent company at EGP 53.117 million in 2024, as per the financial results. The generated net profits were compared with EGP 24.702 million in 2023. Earnings per share (EPS) increased to EGP 1.90 last year from EGP 1.05 in 2023. On the other hand, the revenues declined to EGP 215.160 million in 2024 from EGP 347.640 million in 2023. © 2020-2023 Arab Finance For Information Technology. All Rights Reserved. Provided by SyndiGate Media Inc. (

Egypt: CIRA Education eyes expansion in Saudi market
Egypt: CIRA Education eyes expansion in Saudi market

Zawya

time07-04-2025

  • Business
  • Zawya

Egypt: CIRA Education eyes expansion in Saudi market

Arab Finance: Cairo for Investment and Real Estate Development (CIRA Education) is exploring opportunities to expand business in the Saudi market, according to a bourse disclosure. The announcement followed acquisition transactions between the company's main shareholder, Social Impact Capital Ltd. (SIC), and the Saudi Egyptian Investment Company (SEIC). CIRA Education also unveiled investments of EGP 1.4 billion in establishing Saxony Egypt University (SEU), scheduled to open on April 9th. This is in addition to opening a university project in New Damietta, which was announced in Al Ahly CIRA for Educational Services' EGP 700 million expansion plans for two academic years. © 2020-2023 Arab Finance For Information Technology. All Rights Reserved. Provided by SyndiGate Media Inc. (

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