Arab Finance: Dr. Rania Al-Mashat, Minister of Planning, Economic Development and International Cooperation, met with Mahmoud Atallah, Vice Chairman and Managing Director of the company. CI Capital Holding for Financial Investments (CICHAnd Fahd Al-Tarazi, Managing Director – Head of Regional Markets at the company, to discuss ways of cooperation between the ministry and the company and push efforts to attract an investor base from various countries in the region, according to what he said. statement Ministry.
This comes within the framework of the efforts undertaken by the government to enhance communication with the private sector, to attract and encourage internal and external investments and encourage the growth of the private sector, within the framework of improving the comprehensive financial and economic performance of the state, in order to achieve the aspirations of the Egyptian people for development and progress.
The Minister of Planning, Economic Development and International Cooperation confirmed that the government places as its top priority the creation of a business climate to attract local and foreign investments, in light of the vital role played by the private sector to support comprehensive and sustainable growth efforts and enhance macroeconomic stability, noting the efforts undertaken by the Ministry in coordination. With relevant national authorities, in order to govern investment spending, make room for the private sector, encourage policies that drive economic development, as well as implement structural reforms that stimulate the private sector.
For the financial period ending on 06/30/2024, which showed achieving a net profit assembly It amounted to 1.272 billion pounds, compared to the company achieving a combined net profit of 516.603 million pounds for the same period of the previous year.
In the same context, the company achieved a net profit independent For the financial period ending on 06/30/2024, it amounted to 483.938 million pounds, compared to an independent net profit of 437.306 million pounds for the same period of the previous year.
It is worth noting that the net profits or losses for the year are calculated according to the share of owners of the parent company.
It is one of the largest leading Egyptian institutions in providing non-banking financial services, including financial leasing services, microfinance, services for promoting and covering securities subscriptions, mergers and acquisitions, securities brokerage, management of financial assets funds and portfolios, and research.
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