Atlas For Investment and Food Industries News - Mubasher Info
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20 July 06:40 AM

Atlas For Investment and Food Industries (AIFI)

Last update: 17 July 01:28 PM market time.
2.13
0.06
2.90%
Open 2.07
Previous Close 2.07
High 2.17
Low 2.07
Stock Statistics
Volume 8,744,081
Turnover 18,581,868.00
All data are 15 minutes late during market session

News

Photo Credit: Arabianeye-Reuters
30 April 2017 00:28 PM Atlas to found new packaging, food company
Cairo - Mubasher: The ordinary general meeting (OGM) of Atlas for Land Reclamation and Agricultural Processing has approved the establishment of a new company for packaging and food industries. The new subsidiary will be formed with an authorised …
Corporate Actions
(Photo credit: Arabianeye - Reuters)
29 March 2017 11:52 AM Atlas suffers EGP 2.1m losses in FY16
Cairo – Mubasher: Atlas for Land Reclamation and Agricultural Processing Company’s consolidated financial statements for fiscal year 2016 showed a net loss of EGP 2.1 million, compared to a consolidated net profit of EGP 3.1 million for FY15. …
Financial Results
Atlas to establish food production firm
2 January 2017 00:33 PM Atlas to establish food production firm
Cairo – Mubasher: Atlas for Land Reclamation said its management approved the establishment of a subsidiary to be specialized in the business of food industry and packing. The authorized capital of the new company will be EGP 10 million, while the …
Corporate Actions
The revenues will be considered after units are delivered to clients (Photo Credit: Arabianeye-Reuters)
28 December 2016 11:40 AM Atlas to see property project revenues in 2018
Cairo – Mubasher: Atlas for Land Reclamation and Agricultural Processing on Wednesday announced that revenues from a project by one of its subsidiaries will be included in the company’s financial statements for 2018. In accordance with our …
Companies Investments
(Photo credit: Company's website)
26 December 2016 11:15 AM Atlas unit reveals EGP 250m project
Cairo – Mubasher: Atlas for Land Reclamation and Agricultural Processing said Monday that its units, Atlas for Investments and Real Estate Development, will announce its new project on Ajyad Road in the 6th of October city, Giza governorate, with …
Companies Investments
Atlas for Land Reclamation turns to losses in 9M
20 November 2016 01:50 PM Atlas for Land Reclamation turns to losses in 9M
Cairo – Mubasher: Atlas for Land Reclamation turned to losses at the first nine months of 2016. The company posted EGP 2.6 million in losses for the nine – month period ended September 2016, against profits of EGP 1.1 million for the same period …
Financial Results
Atlas for Land Reclamation board approves capital hike
23 October 2016 00:21 PM Atlas for Land Reclamation board approves capital hike
Cairo – Mubasher: Atlas for Land Reclamation and Agricultural Processing said its board of directors gave a nod to raising its issued capital by EGP800,000. The company noted that, following its capital hike, the capital of its subsidiary – Atlas …
Companies Investments
The company made lower profits in 2015 (Photo Credit: Company's Website)
24 April 2016 11:05 AM Atlas freezes FY15 dividend payout, sets up real estate development unit
Cairo – Mubasher: The ordinary general meeting of Atlas for Land Reclamation and Agricultural Processing decided to withhold cash dividend distribution for the fiscal year 2015. During 2015, the company’s net earnings after tax declined to EGP3.1 …
Management Decisions
Photo Credit: Arabianeye - Reuters
10 January 2016 11:01 AM Atlas to setup real estate development unit
Cairo - Mubasher: The board of Atlas for Land Reclamation gave a go-ahead for establishing a new unit specialised in real estate development. The new unit will be operating with authorized capital of EGP 20 million, and issued and paid-in capital …
Management Decisions
Photo Credit: Arabianeye - Reuters
29 November 2015 03:34 PM Atlas for Land Reclamation posts EGP 1.1m profits in 9m
Cairo - Mubasher: Atlas for Land Reclamation reported net profits of EGP 1.1 million for the first nine months of 2015. The company's revenues stood at EGP 2.1 million at the similar period a year earlier. Meanwhile, the company's standalone …
Financial Results
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16 June 2015 10:27 AM Major events on EGX for Tuesday
Cairo-Mubasher: Investors are anticipating the following major events related to some EGX-listed companies on Tuesday: Start of subscription to Emaar Misr’s secondary shares Extraordinary general meeting of Atlas for Land Reclamation to consider …
Corporate Actions
Photo Credit: Arabianeye-Reuters
27 April 2015 00:33 PM Atlas eyes majority stake in agricultural firm
Shareholders of Atlas for Land Reclamation and Agricultural Processing Co. approved buying a majority stake of at least 60% in Al-Mona for Agricultural Development Co. at EGP 42.75 per share.In the same vein, the shareholders rejected buying a …
Corporate Actions
Photo Credit: Arabianeye-Reuters
4 February 2015 10:09 AM Major events on EGX for Wednesday
Cairo-Mubasher: Investors are anticipating the following events related to some companies listed on the Egyptian bourse on Wednesday, February 4: Extraordinary general meeting of GB Auto to discus raising issued and authorized capital Board …
Company News
27 January 2015 10:11 AM Major events to affect EGX on Tuesday
Cairo- Mubasher: Traders and investors are anticipating a number of events related to their listed companies on Tuesday.Today is the deadline for the rights issue launched by Atlas Land Reclamation …
Company News
31 December 2014 10:52 AM Major events on EGX for Wednesday
Investors in the Egyptian Exchange (EGX) are scheduled to see the following events, which are related to their listed companies, on Wednesday, December 31, 2014.- October Pharma pays the second installment of coupon No. 6 at EGP 2 per …
Corporate Actions
29 December 2014 10:22 AM Major events on EGX for Monday
Investors anticipate the following events about some EGX listed companies on Monday, Dec. 29:-    Start of Atlas for Land Reclamation secondary offering to increase issued and paid-in capital from EGP 20 million to EGP 60 million. Shareholders of …
Company News
10 December 2014 11:00 AM ATLAS to launch rights issue Dec 29
Atlas Land Reclamation & Agricultural Processing (ATLAS) announced that its rights issue will kick off on Monday, December 29 till January 27, 2015.The company is seeking to increase issued and paid-in capital from EGP 20 million to …
Corporate Actions
8 December 2014 00:21 PM ATLAS gets regulator’s nod on capital hike
The Egyptian Financial Supervisory Authority (EFSA) said on Monday it approved a request from Atlas Land Reclamation & Agricultural Processing (ATLAS) to raise its capital to EGP 60 million from EGP 20 million.The EPG 40 million increase will be …
Company News
14 September 2014 00:02 PM Atlas Land Reclamation EGM endorses capital hike
The extraordinary general meeting of Atlas for Land Reclamation and Agricultural Processing endorsed on Saturday, September 13 increasing issued and paid-in capital to EGP 60 million from EGP 20 million. The EGP 40 million is divided into …
Corporate Actions
27 August 2014 06:17 PM Atlas EGM to consider capital hike September 13
Atlas for Land Reclamation and Agricultural Processing announced that an extraordinary general meeting will be held on Saturday, September 13.The EGM will look into increasing issued capital to EGP 60 million from EGP 20 million. The EGP …
Company News
20 August 2014 02:07 PM EGX approves Atlas EGP40mln capital increase
The securities listing committee of the Egyptian Exchange (EGX) has approved today a request received from Atlas for Land Reclamation and Agricultural Processing to raise issued capital by EGP 40 million to EGP 60 million from EGP 20 …
Corporate Actions
17 August 2014 11:15 AM ATLAS reports 98% profit slump in H1-14
Atlas Land Reclamation & Agricultural Processing (ATLAS) posted a drop by 98% in H1-14 net profit to EGP 47 thousand, from EGP 2.4 million net profit in H1-13.FY13 net profit had amounted to EGP 1.2 million, compared with EGP 2 …
Company News