Naeem Real Estate Holding Group News - Mubasher Info
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24 March 11:19 AM

Naeem Real Estate Holding Group (NARE)

Last update: 4 March 12:24 PM market time.
8.00
-0.02
-0.25%
Open 8.02
Previous Close 8.02
High 8.20
Low 7.76
Stock Statistics
Volume 341,484
Turnover 2,752,151.00
All data are 15 minutes late during market session

News

Photo Archive
9 October 2024 08:58 AM Smart Village eyes listing shares on EGX in H1-25
Mubasher: Smart Villages Development and Management Company plans to float a stake between 30% and 35% on the Egyptian Exchange (EGX) in a public offering during the first half (H1) of 2025. Naeem Holding for Investment and Reacap Financial …
Companies Investments
Photo Archive
1 March 2023 06:03 PM Reacap generates lower consolidated profits at EGP 46.5m in 2022
Cairo – Mubasher: Reacap Financial Investments recorded consolidated net profits after tax worth EGP 46.43 million in 2022, versus EGP 89.30 million in 2021, according to the income statements. The company's revenues increased to EGP 129.57 …
Financial Results
Photo Archive
13 November 2022 11:57 AM Reacap posts 16% drop in 9M-22 profits
Cairo – Mubasher: The consolidated profits of Reacap Financial Investments netted EGP 67.45 million during the first nine months (9M) of 2022. This represents a year-on-year (YoY) drop of 15.95% when compared to EGP 80.25 million in the …
Financial Results
The company's capital will be raised to EGP 557.48 million
17 March 2020 05:17 PM Reacap gets FRA’s approval to raise issued capital
Cairo – Mubasher: The Egyptian Financial Authority (FRA) approved a request to publish the disclosure form of Reacap Financial Investments to increase its issued capital. The disclosure form included the board of directors’ decision dated 1 March …
Corporate Actions
The company’s revenues dipped to EGP 33.97 million
2 March 2020 02:24 PM Reacap’s profit drops 72% in 2019; bonus proposed
Cairo – Mubasher: Reacap Financial Investments reported a 72% year-on-year profit decline during 2019, the company’s consolidated financial statements showed. The company’s net profits sank to EGP 18.7 million last year from EGP 67.02 million in …
Financial Results
Naeem Holding owns 47.61% or 50.55 million shares in Reacap.
31 December 2019 01:32 PM Reacap shareholders nod to Naeem Consulting Services’ takeover
Cairo – Mubasher: The ordinary general meeting (OGM) of Reacap Financial Investments consented to purchase the entire stake of Naeem Holding for Investments in Naeem Consulting Services which represents 98%.  The OGM approved the deal’s …
General Assembly
Naeem Holding for Investment owns 98% of Naeem Consulting Services
9 December 2019 06:04 PM Reacap’s board decides to acquire Naeem Consulting Services
Cairo – Mubasher: The board of directors of Reacap Financial Investments approved the acquisition of the entire stake of Naeem Holding for Investment in Naeem Consulting Services.  The decision is still pending approval of shareholders in an …
Companies Investments
Reacap logged a net profit of EGP 19.27 million in nine months
21 November 2019 10:55 AM Reacap aims to raise real estate investments
Cairo – Mubasher: Reacap Financial Investments decided to use its available liquidity in real estate investments. The company plans to increase real estate investments with periodical return generated from leasing and maintenance activities, …
Companies Investments
Net profit reached EGP 66.26 million in the nine-month period ended September
13 November 2018 02:45 PM Reacap Financial Investments profit soars 359% in 9M
Cairo – Mubasher: Reacap Financial Investments on Tuesday posted a 359% year-on-year surge in consolidated profits for the first nine months of 2018. Net profit reached EGP 66.26 million in the nine-month period ended September, versus EGP 14.44 …
Financial Results
EFSA rejected the FV study of Reacap Financial Investments as it does not fully comply to the standards of buildings' assessment and financial evaluation
20 August 2017 02:56 PM EFSA rejects Reacap FV study
Cairo – Mubasher: The Egyptian Financial Supervisory Authority (EFSA) rejected the fair value (FV) evaluation of Reacap Financial Investments prepared by Fincorp Investment Holding as it does not fully comply to the standards of buildings' …
Management Decisions
Wadi Degla's shareholders to obtain an approval from EFSA
13 August 2017 00:53 PM Wadi Degla to obtain approval for Reacap shares ownership – EFSA
Cairo – Mubasher: Wadi Degla Holding’s shareholders who want to own shares in Reacap Financial Investments should obtain an approval from the Egyptian Financial Supervisory Authority (EFSA) prior to Reacap’s general assembly due to the ownership …
Markets Regulations
(Photo credit: Arabianeye - Reuters)
10 May 2017 01:54 PM Reacap Q1 profits up 31%
Cairo – Mubasher: Reacap Financial Investments’ consolidated profits for the first quarter of fiscal year 2017 rose 31.2% to EGP 4.46 million, versus EGP 3.4 million for Q1-16. Meanwhile, standalone financial statements showed a net loss of EGP …
Financial Results
Net annual profits totaled EGP 14.2 million - (Photo Credit: Arabianeye-Reuters)
28 February 2017 00:06 PM Reacap profits fall 91% in Q4
Cairo - Mubasher: Reacap Financial Investments reported a decline in total profits in the fourth quarter of 2016 by 91.19% year-on-year. Profits reached EGP 9.14 million in the three-month period that ended on 31 December 2016, compared to EGP …
Financial Results
Reacap losses down 65% in Q3
10 November 2016 02:54 PM Reacap losses down 65% in Q3
Cairo – Mubasher: Reacap Financial Investments brought down its losses by 65% in the third quarter of 2016. The company logged losses of EGP 1.56 million for the third quarter of 2016, compared with EGP 4.43 million a year earlier. As for the …
Financial Results
Naeem Holding owns a stake of 56.2% in Reacap - (Photo Credit: Reuters)
14 August 2016 03:38 PM Reacap, Wadi Degla’s unit to sign strategic alliance
Cairo – Mubasher: Reacap Financial Investments currently seeks a possible strategic cooperation with Wadi Degla for Real-Estate Development Company, the real estate investment arm of Wadi Degla. The company has started due-diligence review and the …
Mergers and Acquisitions
Reacap’s capital will decline by EGP 15 million (Photo Credit: Arabianeye-Reuters)
20 June 2016 10:49 AM Reacap shareholders nod to capital decrease
Cairo-Mubasher: The shareholders of Reacap Financial Investments gave the go-ahead to decrease the firm’s issued capital during their extraordinary general meeting (EGM) on 19 June. The capital will be reduced through cancelling 3 million treasury …
General Assembly
The EGM will discuss decreasing the company’s issued capital by EGP 15 million (Photo Credit: Naeem Holding's Website)
24 May 2016 10:35 AM Reacap’s EGM to discuss capital cut 19 June
Cairo – Mubasher: Reacap Financial Investments Company announced on Tuesday that its extraordinary general meeting (EGM) will be held on 19 June. The EGM will discuss decreasing the company’s issued capital by EGP 15 million to EGP 530.94 million …
General Assembly
Reacap to remove three million shares - (Photo Credit: Naeem Holding's Website)
18 May 2016 02:27 PM Reacap gets regulatory nod for capital reduction
Cairo – Mubasher: EGX listing committee gave Reacap Financial Investments the green light to reducing its capital as per a bourse filing issued on Wednesday. The company thus has to hold the extraordinary general meeting within a month as of …
Macroeconomics
Net profit reached EGP 3.4 million ($382,000) in Q1-15 (Photo Credit: Arabianeye-Reuters)
11 May 2016 11:58 AM Reacap’s profits shrink 76.3% in Q1
Cairo – Mubasher: Reacap Financial Investments Company’s profits decreased in the first quarter of fiscal 2016 by 76.3% year-on-year. Net profit reached EGP 3.4 million ($382,000) in Q1-15, versus EGP 14.33 million ($1.6 million) in Q1-15, …
Financial Results
Photo credit: Arabianeye - Reuters
20 December 2015 11:15 AM Reacap’s runs down portfolio, fund services
Cairo – Mubasher: Reacap Financial Investments said on Sunday said that its services of configuring and managing portfolios and investment funds have been completely run down. At an extraordinary general meeting, shareholders took the step through …
General Assembly
Photo Credit: Arabianeye-Reuters
10 November 2015 00:26 PM Reacap turns to profitability in 9 months
Cairo - Mubasher: Reacap Financial Investments Co. turned to profitability in the first nine months of 2015, as it recorded profits of EGP 41,880 against losses of EGP 35.67 million for the similar period of the previous year. The company's bottom …
Financial Results
Photo Credit: Arabianeye- Reuters
4 November 2015 11:04 AM Palm Hills, Reacap develop jointly integrated residential project
Palm Hills Developments jointly with Reacap Financial Investments, subsidiary of Naeem Holding's,and its subsidiary Svreico Real Estate Investments (SVREICO)have agreed to co-develop an integrated residential and commercial community in Smart …
Companies Investments
Photo Credit: Arabianeye-Reuters
13 September 2015 01:49 PM Reacap puts off share buyback programme
Cairo – Mubasher: The board of directors of Reacap Financial Investments Co. decided to postpone the company's share buyback programme. Earlier, the company's board approved buying back 3 million treasury shares at EGP 2.56 each. Reacap reported …
Corporate Actions
Photo Credit: Arabianeye-Reuters
12 August 2015 10:52 AM Reacap turns profitable in H1
Cairo-Mubasher: Reacap Financial Investments reported profits of EGP 4.5 million in the first half of 2015, against losses of EGP 25.9 million in H1-14, according to a bourse filing. The company turned profitable after generating EGP 8.9 million …
Company News
Photo Credit: Arabianeye-Reuters
31 March 2015 00:18 PM Reacap shareholders scrap capital hike plan
Reacap Financial Investments Co.’s extraordinary ordinary general meeting decided against a proposal from August 2014 to raise the company’s issued capital from EGP 545.9 million to EGP 695.9 million.The company currently operates with …
Corporate Actions