Egypt: CI Capital discloses 2024 dividend payout date
Arab Finance: CI Capital Holding for Financial Investments (CICH) will disburse EGP 0.7 per share in cash dividends to shareholders for 2024 earnings, the company stated on May 12th.
The dividends will be paid via two installments worth EGP 0.35 per share each: the first to be paid to shareholders on May 29th and the second to be distributed on September 25th.
The eligibility for dividend distribution will be for shareholders on a record date of May 26th.
CI Capital Holding is one of Egypt's leading non-bank financial services providers. It offers a wide range of solutions, including finance and operating leases, and sale and leaseback, serving a wide range of corporate clients and small and medium-sized enterprises (SMEs).
© 2020-2023 Arab Finance For Information Technology. All Rights Reserved. Provided by SyndiGate Media Inc. (Syndigate.info).
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Zawya
2 hours ago
- Zawya
Minister of Finance honors Huawei Egypt with the "Tax Compliance" appreciation certificate
Cairo: Huawei Egypt has been honored with the 'Tax‑Compliance' Certificate of Appreciation by the Egyptian Tax Authority, in recognition of the company's outstanding exemplary compliance and proactive support for Egypt's tax system—an achievement that reflects Huawei's sense of national responsibility and active contribution to the Egyptian economy. This honor was presented at the 'Thank you' Conference, organized jointly by the Ministry of Finance and the Egyptian Tax Authority to announce the preliminary results of the first package of tax‑facilitation laws, regulations and directives now being implemented across tax offices and service centers nationwide. The conference highlighted the latest milestones in modernizing Egypt's tax ecosystem. Minister of Finance, Ahmed Kouchouk presented the certificate of appreciation to Mr. Benjamin Hou, CEO of Huawei Egypt, in the presence of senior officials from the Egyptian Tax Authority, senior state officials and executive leaders from the public and private sectors. Mr. Benjamin Hou, CEO of Huawei Egypt, expressed his delight at receiving this recognition, especially as this year holds particular significance for the company, marking 25 years of presence in the Egyptian market. He added: " This recognition underscores our steadfast commitment to supporting Egypt's growth and digital transformation. We are fully dedicated to advancing ICT infrastructure and the empowerment of key industries, we remain focused on contributing to Egypt's sustainable economic growth and advancing Egypt's national development agenda through technology and innovation' With its first-ever edition, the conference seeks to reinforce the partnership the Ministry and the Tax Authority are building with the taxpayer community, celebrate compliant partners, and showcase the achievements of the inaugural facilitation package, which has received unprecedented support from all segments of the tax community. Huawei Egypt is the first Chinese company to receive this honor, reflecting the company's deep commitment to tax responsibility and its ongoing support for the country's economic reform efforts. Huawei has been a key player in Egypt's ICT sector for over 25 years, partnering with both the public and private sectors to support the nation's Vision 2030. By leveraging its five core business groups—Carrier, Enterprise, Digital Power, Cloud, and Consumer, Huawei has played a significant role in advancing Egypt towards a more connected and intelligent society. The company is also committed to its "Localization" strategy, focusing on developing Egypt's ICT infrastructure and investing in cultivate a thriving ICT talent pool to help establish Egypt as a regional hub for ICT expertise and innovation.
Zawya
3 hours ago
- Zawya
AMAN Holding announces successful closure of third securitization issuance worth EGP 665.5mln
Cairo – AMAN Holding, a Raya Holding portfolio company and the most integrated fintech group in Egypt, has announced the successful closure of the third securitization issuance by AMAN Securitization on behalf of AMAN Consumer Finance, with a total value of EGP 665.5 million. This issuance comes as a continuation of the group's successful securitization program, reflecting the strong performance of its subsidiaries and reaffirming its ability to grow its financing portfolio and contribute to the national economy. In the same context, Eng. Hazem Moghazi, Co-CEO of Business and Commercial Affairs at AMAN Holding, added: 'The success of this issuance reflects the strong confidence that investors place in AMAN Holding and in the Egyptian market overall. Since the launch of our securitization program, we have successfully completed issuances totaling nearly EGP 9.7 billion to date, which stands as a testament to our commitment to sustainable growth and to contributing to the development of Egypt's non-banking financial sector. We are proud to collaborate with all stakeholders involved in AMAN Securitization's various issuances, and we remain committed throughout 2025 to implementing our strategy of diversifying funding sources and enhancing financial transparency, supporting market stability, and aligning with the aspirations of the national economy.' "This issuance, marking the Seventh issuance concluded by CI Capital for Aman Holding, a portfolio company of Raya Holding, reflects CI Capital's series of successes by executing numerous key transactions, further reinforcing our leading position as Egypt's leading advisory house. This issuance also affirms our ability to provide our clients with diverse and innovative investment solutions,' Commented Amr Helal, Chief Executive Officer (Sell-Side) of the Investment Bank at CI Capital. 'CI Capital has effectively concluded seven securitized bond issuances for Aman since 2023, strongly indicating the solid partnership between the two companies. He expressed his aspiration to enhance strategic cooperation between the two companies further, considering Aman one of CI Capital's most significant partners,' Added Helal. It is worth noting that CI Capital acted as the financial advisor, lead arranger, general coordinator, issuance manager, and placement agent. Zaki Hashem & Partners served as the legal advisor, while United Auditors for Audit, Tax, Financial Consultancy and Services acted as the financial auditor. About AMAN Holding: AMAN Holding - a Raya Holding portfolio companyand the most integrated fintech group in Egypt encompassing 'AMAN Electronic Payment Technology,' 'AMAN for Financial Services,' 'AMAN for Business Finance,' 'Aman for Consumer Finance' and 'AMAN Securitization,' is among the first companies in Egypt working towards the Egyptian state's vision of digital transformation and financial inclusion. AMAN Holding has developed an integrated Egyptian model that leverages promising opportunities in the non-banking financial technology sector. The company offers over 2,000 affordable and high-quality financial services to citizens with no bank accounts, aiming to help them achieve self-sufficiency. In a short period, each of these companies has emerged as a leader in its respective field, advancing the non-banking financial sector and introducing numerous innovative services and products. For more information, please visit AMAN Holding's official website:
Zawya
3 hours ago
- Zawya
CI Capital successfully concludes EGP 665.5mln securitized bond issuance for Aman Consumer Finance
Cairo: CI Capital ( the leading diversified financial services group, announced today the successful conclusion of the third securitized bond issuance on behalf of Aman Securitization, with the originator being Aman Consumer Finance. The issuance comes in 3 tranches: the first valued at EGP 307 Mn, with a tenor of 6 months, The second tranche, valued at EGP 222 Mn, with a tenor of 12 months. Both tranches received a Prime 1 rating from Middle East Ratings and Investor Services (MERIS). The third tranche, valued at EGP 136.5 Mn, with a tenor of 23 months, received a rating of A-. "This issuance, marking the Seventh issuance concluded by CI Capital for Aman Holding, a portfolio company of Raya Holding, reflects CI Capital's series of successes by executing numerous key transactions, further reinforcing our leading position as Egypt's leading advisory house. This issuance also affirms our ability to provide our clients with diverse and innovative investment solutions,' Commented Amr Helal, Chief Executive Officer (Sell-Side) of the Investment Bank at CI Capital. 'CI Capital has effectively concluded seven securitized bond issuances for Aman since 2023, strongly indicating the solid partnership between the two companies. He expressed his aspiration to enhance strategic cooperation between the two companies further, considering Aman one of CI Capital's most significant partners,' Added Helal. In the same context, Eng. Hazem Moghazi, Co-CEO of Business and Commercial Affairs at AMAN Holding, added: 'The success of this issuance reflects the strong confidence that investors place in AMAN Holding and in the Egyptian market overall. Since the launch of our securitization program, we have successfully completed issuances totaling nearly EGP 9.7 billion to date, which stands as a testament to our commitment to sustainable growth and to contributing to the development of Egypt's non-banking financial sector. We are proud to collaborate with all stakeholders involved in AMAN Securitization's various issuances, and we remain committed throughout 2025 to implementing our strategy of diversifying funding sources and enhancing financial transparency—supporting market stability and aligning with the aspirations of the national economy.' Mohamed Abbas, Head of DCM at CI Capital, expressed his pleasure for the successful conclusion of the issuance in partnership with Aman, noting that Aman is one of CI Capital's key success partners. He also emphasized his pride in the enduring relationships with Aman, having executed issuances with innovative structures and solutions. Finally, Abbas highlighted the substantial investor interest in the issuance, reflecting strong market confidence in both CI Capital and Aman's portfolio performance. CI Capital acted as financial adviser, issuance manager, and arranger in the issuance, while Zaki Hashem & Partners acted as the legal advisor, and United for Auditing, Tax, Advisory & Financial Services (UHY) acted as the issuance's financial auditor. About CI Capital Holding for Financial Investments CI Capital Holding for Financial Investments (Ticker: CICH EY, is a diversified financial services group and Egypt's leading provider of leasing, microfinance, mortgage finance, consumer finance, and investment banking products and services. Through its headquarters in Cairo, and presence in New York and Dubai, CI Capital Holding for Financial Investments offers a wide range of financial solutions, to a diversified client base that includes global and regional institutions and family offices, large corporates, SMEs, and high-net-worth and individual investors. CI Capital Holding for Financial Investments leverages its full-fledged investment banking platform to provide market-leading capital raising and M&A advisory, asset management, securities brokerage, custody, and research. Through its subsidiary, Corplease, CI Capital offers comprehensive leasing solutions, including finance and operating leases, and sale and leaseback, serving a wide range of corporate clients and SMEs. Additionally, CI Capital Holding for Financial Investments offers microfinance lending through Egypt's first licensed MFI, Reefy. The Group has over 4,000 employees, led by a team of professionals who are among the most experienced in the industry, with complementary backgrounds and skill sets, and a deep understanding of local market dynamics. Banque Misr, one of Egypt and Africa's most renowned financial banks, is the majority shareholder of CI Capital Holding. For more information, please contact CI's Investor Relations Department Email:
