Edition:
United States

MM Group for Industry and International Trade SAE (MTIE.CA)

MTIE.CA on Cairo Stock Exchange

8.50EGP
8:21am EDT
Change (% chg)

£0.03 (+0.35%)
Prev Close
£8.47
Open
£8.21
Day's High
£8.51
Day's Low
£8.21
Volume
427,647
Avg. Vol
338,145
52-wk High
£15.28
52-wk Low
£7.20

Latest Key Developments (Source: Significant Developments)

Egypt's MTI Intends to Acquire Itsalat International Egypt
Sunday, 18 Mar 2018 03:51am EDT 

March 18 (Reuters) - MM GROUP FOR INDUSTRY AND INTERNATIONAL TRADE ::SIGNS LETTER OF INTENT TO ACQUIRE 100 PERCENT OF ITSALAT INTERNATIONAL EGYPT (i2) THROUGH SHARE SWAP INTO MTI SHARES.  Full Article

MM Group Signs Distribution Agreement With BSH Group‍​
Tuesday, 16 Jan 2018 02:47am EST 

Jan 16 (Reuters) - MM GROUP FOR INDUSTRY AND INTERNATIONAL TRADE ::SIGNS DISTRIBUTION AGREEMENT WITH BSH GROUP‍​.SALES ARE PLANNED TO START DURING FEBRUARY 2018 AND ARE EXPECTED TO ADD IN-EXCESS OF EGP 200 MILLION TO 2018 COMPANY REVENUES.  Full Article

MM Group 9-month standalone profit rises
Wednesday, 15 Nov 2017 03:42am EST 

Nov 15 (Reuters) - MM GROUP FOR INDUSTRY AND INTERNATIONAL TRADE ::NINE-MONTH STANDALONE NET PROFIT EGP 228.7 MILLION VERSUS EGP 196.3 MILLION YEAR AGO.Q3 STANDALONE NET PROFIT AFTER TAX EGP 82.7 MILLION VERSUS EGP 67.3 MILLION YEAR AGO.Q3 STANDALONE NET SALES EGP 1.79 BILLION VERSUS EGP 1.22 BILLION YEAR AGO.  Full Article

Egypt's MM Group 9-month consol profit rises
Wednesday, 15 Nov 2017 02:12am EST 

Nov 15 (Reuters) - MM GROUP FOR INDUSTRY AND INTERNATIONAL TRADE :NINE-MONTH CONSOL NET PROFIT EGP 292.5 MILLION VERSUS EGP 205.1 MILLION YEAR AGO.Q3 NET PROFIT AFTER TAX EGP 105.1 MILLION VERSUS EGP 78.3 MILLION YEAR AGO.Q3 NET SALES EGP 1.79 BILLION VERSUS EGP 1.22 BILLION YEAR AGO.  Full Article

MM Group acquires 60 pct stake in Bee for EGP 156 mln
Tuesday, 3 Oct 2017 03:47am EDT 

Oct 3 (Reuters) - MM GROUP FOR INDUSTRY AND INTERNATIONAL TRADE :ACQUIRES 60 PERCENT STAKE IN TBE FOR PAYMENT SOLUTIONS AND SERVICES (BEE) FOR EGP 156 MILLION.ACQUISITION WILL TAKE PLACE THROUGH PURCHASE OF TBE FOR PAYMENT SOLUTIONS AND SERVICES (BEE) SHARES AND THROUGH EXTENDING CONVERTIBLE SHAREHOLDERS LOAN TO CO, THROUGH CAPITAL INCREASE.  Full Article

Egypt's MM Group signs mobile distribution agreement with Freetel Japan
Wednesday, 13 Sep 2017 03:26am EDT 

Sept 13 (Reuters) - MM GROUP FOR INDUSTRY AND INTERNATIONAL TRADE ::SIGNS 3RD MOBILE DISTRIBUTION AGREEMENT WITH PLUS ONE MARKETING LTD (FREETEL JAPAN) TO BECOME AUTHORIZED DISTRIBUTOR OF FREETEL JAPAN MOBILE PHONES IN EGYPTIAN MARKET.SALES OF MOBILE PHONES TO START BEFORE SEPT END, EXPECTS TO ADD IN-EXCESS OF EGP 50 MILLION TO CO'S 2017 REVENUES.  Full Article

Egypt's MM Group for Industry posts H1 consol profit of EGP 187.4 mln
Tuesday, 15 Aug 2017 03:41am EDT 

Aug 15 (Reuters) - MM GROUP FOR INDUSTRY AND INTERNATIONAL TRADE ::H1 CONSOL NET PROFIT EGP 187.4 MILLION.  Full Article

Egypt's MM Group to establish financial service company in partnership with BPE Partners
Wednesday, 31 May 2017 03:43am EDT 

May 31 (Reuters) - Mm Group For Industry And International Trade ::Board approves partnership with BPE Partners to establish a new company to operate in non-banking financial service sector with 50 percent stake.New company will have authorised capital of EGP 200 million, issued capital of EGP 20 million.  Full Article

Mm Group for Industry and International Trade posts Q1 profit
Wednesday, 10 May 2017 03:20am EDT 

May 10 (Reuters) - Mm Group For Industry And International Trade Sae :Q1 net profit EGP 129.9 million.Q1 sales EGP 1.51 billion.  Full Article

MM Group for Industry and International Trade signs distribution agreement with Huawei
Thursday, 4 May 2017 05:10am EDT 

May 4 (Reuters) - Mm Group for Industry and International Trade ::Enters into distribution agreement with Huawei Consumer Business Group to become its distributors of mobile phones in Egyptian market.  Full Article