Qalaa Holdings (CCAP.CA)
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ZAWYA - 24-Aug-2021Qalaa Holdings' Chairman settles $4mln check lawsuit
In June, Heikal was informed that his name appeared on the travel ban list
Mubasher - 19-Aug-2021Qalaa Holdings expects Egyptian Refining Co. to achieve EBITDA of $500-600mln by 2022-end
Management remains focused on maximizing asset utilization
Daily News Egypt - 18-Aug-2021Mideast Stocks: Factors to watch on June 15
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Reuters News - 15-Jun-2021Qalaa Holdings chairman grounded by $4mln cheque dispute
Heikal was going to board a private jet headed to the Sudanese capital Khartoum
Reuters News - 14-Jun-2021PROJECTS: National Bank of Egypt, Taqa Arabia sign $58mln loan agreement
Loan will support Taqa Arabia's plans to expand fuel station network and storage terminals
ZAWYA - 03-Jun-2021Egypt's Qalaa Holdings to establish 300 gas stations
The company will establish gas stations within three years
Arab Finance - 05-Jan-2021Qalaa Holdings' loss widens
Qalaa Holdings (CCAP) reported a 102% Year on Year rise in its consolidated net loss in the first nine months
Arab Finance - 13-Dec-2020PROJECTS: EBRD breaks new ground with private-to-private renewable energy project in Egypt
EBRD loan to finance construction and operation of solar power plant for Dina Farms by TAQA PV for Solar Energy
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11-site project to be developed in partnership with the private sector
ZAWYA - 24-Aug-2020Qalaa Holdings Scholarship Foundation sustains scholarship programme
Qalaa Holdings Scholarship Foundation (QHSF) has awarded scholarships to 198 students in total with 15-20 on average each year for the past 14 years
TradeArabia - 10-Aug-2020Qalaa Holdings suffers 161% loss increase in Q1
Standalone net loss posted a 23% increase
Arab Finance - 05-Jul-2020Qalaa Holdings records 9-fold rise in losses in Q1 2020
The company’s revenues surged to $647mln
Mubasher - 05-Jul-2020Mideast Stocks: Factors to watch on July 2
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Reuters News - 02-Jul-2020Egypt’s sovereign fund names CIO
ElEbiary served as managing director at Qalaa Holdings for 14 years
Mubasher - 22-Jun-2020The Sovereign Fund of Egypt appoints Abdalla ElEbiary as CIO
ElEbiary served for 14 years as Managing Director at Qalaa Holdings
Daily News Egypt - 22-Jun-2020Egyptian Refining Company unlocks industrial potential to uplift communities
ERC was born from a desire to ease Egypt’s reliance on imports and to produce cleaner fuels, a cornerstone of the country’s energy security policy
Daily News Egypt - 20-Jun-2020Qalaa Holdings moves to losses in 2019
The standalone financial statements of Qalaa Holdings showed a 52% year-on-year (YoY) rise in its net losses during 2019.
Mubasher - 04-May-2020TAQA Arabia contracts with Grant Thornton for IPO evaluation
Investment banks EFG Hermes and HSBC will act as the offering managers.
Daily News Egypt - 08-Mar-2020Egypt's TAQA Arabia plans to offer 25% on stock market for estimated $63.9mln
The offering shall be completed before the end of the first half (1H) of 2020
Daily News Egypt - 29-Feb-2020TAQA Arabia, ERC expected to turn Qalaa Holdings to profitability by 2020
Qalaa Holdings is expected to turn profitable by 2020 with the consolidation of Egyptian Refining Company's (ERC) results in the first quarter of next year.
Mubasher - 22-Dec-2019Egypt's Qalaa Holdings completes equity infusion in mega refinery project
$1.4 billion is the equity component of $4.4 billion Egypt Refining Company (ERC) project
Thomson Reuters Projects News - 05-Dec-2019Qatar Petroleum announces the successful start-up of ERC’s refinery in Egypt
The project will also create job opportunities for the local workforce and will provide a boost to the support services sector in this Egyptian region
Daily News Egypt - 10-Nov-2019Mideast Stocks: Factors to watch on November 5
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Emirates NBD extends losses
Reuters News - 20-Oct-2019Egypt's Qalaa to raise production capacity to 5.5mln tonnes/year in 2021
The company will offer shares of Taqa Arabia and Egyptian Refining Co in Q2 and Q4 2020 on the stock market
Reuters News - 20-Oct-2019Company information provided by Refinitiv
Refinitiv research team update company information from primary sources (company annual reports, press releases, company websites, corporate briefings, official statements/interviews) and reliable secondary sources (stock markets, reliable third party publications).
Peers
| Stocks | Last Price | % Change |
|---|---|---|
| ABU DHABI | 15.400 EGP | 0.00 |
| NTL BANK KUWAIT | 17.000 EGP | -9.091 |
| BANQUE | 2.000 EGP | 0.00 |
| QATAR NATL BANK | 16.250 EGP | -1.634 |
| CREDIT AGRICOLE | 25.810 EGP | -1.149 |
| COM INTL BK | 42.780 EGP | -0.535 |
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