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Arab Finance - News - Porto Group s board oks rebranding, establishing new company

Sunday 02/28/2021 11:23:00 AM Facebook Google+ ArabFinance: The board of directors of Porto Group Holding (PORT) approved rebranding as Porto Developments in light of restructuring its administrative and executive roles, the company said in a statement to the Egyptian Exchange on February 28 th. The board also approved establishing a new company in conjunction with Prime Group and UAE’s International Holdings (ASMAK) among others. The company’s consolidated net profit stood at EGP 25 million in 2020, 76% lower when compared to EGP 104.25 million in 2019. Porto is an Egypt-based holding company engaged in many segments through its subsidiaries, namely education, marketing, real estate, investment, and management.

Arab Finance - News - Dice Sport shareholder cuts stake to 18 29%

Thursday 02/25/2021 2:59:00 PM Facebook Google+ ArabFinance:  Dice Sport and Casual Wear(DSCW) announced that its shareholder Nagy Thomas sold 14.4 million shares worth EGP 43.12 million, according to the company’s statement to the Egyptian Exchange on February 25 th. Dice is an Egypt-based company engaged in the casual wear garments and textile industry. The company manufactures and distributes ready-made casual wear made of pure and mixed cotton, polyester, and viscose fabrics in different types, as well as other knitting products.  

Arab Finance - News - Mansourah Poultry profit skyrockets

Arab Finance - News - Mansourah Poultry profit skyrockets
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