spot_img
HomeTechnologyArab Finance - Implementing a deal on Arab energy shares worth 3.34...

Arab Finance – Implementing a deal on Arab energy shares worth 3.34 billion pounds as part of settling debts


Implementing a deal on Arab energy shares worth 3.34 billion pounds as part of settling debts

Arab Finance: The Egyptian Stock Exchange announced today the implementation of a deal through the block trading mechanism on the shares of… Energy Arabia (TAQA)This is within the framework of settling debts with creditor banks.

She added that the deal was implemented for 239,120,667 shares, with a total value of 3,347.33 pounds.

About the consolidated and unconsolidated results of its business for the six months ending on 06/30/2024, it showed achieving a net profit. assembly It amounted to 211.324 million pounds, compared to a combined net profit of 167.271 million pounds for the same period of the previous year.

The company was established in 2006 and is considered the largest private sector company in the field of energy distribution in Egypt. The company has more than 20 years of experience in investing and operating infrastructure networks for the energy sector, from natural gas distribution to the generation and distribution of electric power and marketing of petroleum products. By providing its services through five subsectors, which are the gas sector, the electricity sector, the petroleum products marketing and distribution sector, the solar energy sector, and the water sector.

Related news



RELATED ARTICLES

LEAVE A REPLY

Please enter your comment!
Please enter your name here

- Advertisment -

Most Popular

Recent Comments