Citadel Capital

Stocks hit 9-day high as violence abates
Business

Stocks hit 9-day high as violence abates

Egyptian stocks recorded their highest gains in nine days on Tuesday after protests marking the resignation of former President Hosni…
Egypt’s Citadel shareholders back rights issue
Business

Egypt’s Citadel shareholders back rights issue

Shareholders in Egyptian private equity firm Citadel Capital have approved a LE1.05 billion ($176 million) rights issue, the company said…
Egypt’s Citadel to proceed with capital raise plans
Business

Egypt’s Citadel to proceed with capital raise plans

Egyptian private equity firm Citadel Capital said on Thursday the regulator had agreed to its plans to call a shareholders'…
Citadel Capital chairman cleared of corruption charges
Business

Citadel Capital chairman cleared of corruption charges

Citadel Capital chairman Ahmed Heikal returned to Cairo on Sunday after he was cleared of charges relating to a suspicious…
Egypt’s Citadel swings to 2010 loss on writedowns
Business

Egypt’s Citadel swings to 2010 loss on writedowns

Egyptian private equity firm Citadel Capital swung to a net loss last year after it wrote down the value of…
Finance experts warn against trading shares of corrupt officials
Business

Finance experts warn against trading shares of corrupt officials

Investment experts have warned investors against conducting transactions that involve shares owned by persons being investigated for corruption. Mohsen Adel,…
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