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Flash Opnion

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German Chancellor Angela Merkel secured a historic third win...

ARAB SPRING COUNTRIES ABOUT TO GET OUT FROM BOTTLE’S NECK

Things are now getting more clearer in the global...

Flash

Owing to recent developments in the Middle East and...

Satanic plans for Strategic purposes

International economic and political currents seem to be conflicting...

Bold Steps Are the Only Route to Recovery

by Ahmed Fouda Jim Yong, World Bank chair person said...

Adieu to a Prince who will continue to inspire and guide us

Ahmed Fouda: Prince Saud Al-Faisal, a veteran Arab and...

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  Ahmed Fouda We have close loyal friends whom we always...

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The Drums of War bang in Riyadh

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Sounds like this breach that started out from 2011...

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“MEO is dedicated to provide credible & sound analysis...

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Bold Steps Are the Only Route to Recovery

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The sun determined to shine on the land of the Pharaohs

by Ahmed Fouda It has become quite normal that ambitions...

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No one will win if the world goes into...

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by Ahmed Fouda It has become quite normal that ambitions...

Sephora: Years of Succsses

By Alaa Magdy Sephora is a French brand of cosmetics;...

Egypt is transforming Sinai into a natural extension of the Nile Valley

In March 2016 president Abdel Fattah El-Sisi said to...

Choose , Move, or Lose

by Ahmed Fouda Now is high time to get right...

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Middle East Observer

Saturday, January 4, 2025

Alexandria Container OGM approves estimated budget for 2017-18

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Alexandria Container and Cargo Handling Company’s ordinary general meeting (OGM) has approved the estimated budget for the fiscal year 2017-2018, with a target profit of EGP 1.5 billion.

The company set an investment budget of EGP 102.3 million for the next year, while core earnings are estimated at EGP 2.25 billion, according to a bourse filing.

The OGM also agreed to increase the investment budget for the current fiscal year from EGP 204 million to EGP 214.05 million.

Furthermore, shareholders approved to raise the company’s stake in Egyptian Company for Integrated Projects Company by EGP 652,200 to EGP 13.65 million.

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