Qalaa’s revenue grows 2% to EGP 27.7bn in Q2 2023
Qalaa Holdings, a leader in energy and infrastructure, reported consolidated revenue of EGP 27.7bn in the second quarter of 2023, up 2% from the same period last year. The increase was primarily driven by ERC, the company’s refining arm. Recurring EBITDA, however, dropped significantly to EGP 4.5bn, down from EGP…