HomeGlobal EconomyArab Finance - 51.87% growth in Saudi-Egyptian profits by the end of...

Arab Finance – 51.87% growth in Saudi-Egyptian profits by the end of September 2024


51.87% growth in Saudi Egyptian profits by the end of September 2024

Arab Finance: Company announced Saudi Egyptian Investment and Finance (SEIG)on the unaudited results of its work for the financial period ending in 30/09/2024which showed achieving a net profit of 31,409 million pounds, compared to a net profit of 20,681 million pounds for the same period of the previous year, with a growth rate of 51.87%.

The company was established in 1976. The company's purpose is to work on developing capital market activities in Egypt and to carry out activities that are consistent with the provisions of the law on investment of Arab and foreign money and free zones in Egypt, such as housing, construction, agriculture, livestock, fish and poultry production, sports, tourism and education.

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