International Company for Investment & Development
EEGX:ICID16.80
EGP
-0.25
(-1.47%)
ISIN
EGS67191C014
Return %
Stock
S&P 500
1Y
321.05
14.20
3Y
331.68
81.12
5Y
1,025.58
68.34
Capital Structure
FRC
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in mil. unless spec.Working Capital
FRC
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in mil. unless spec.Growth Rates
FRC
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in mil. unless spec.Quarterly Revenue
FRC
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Quarterly Dividends Per Share
FRC
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in mil. unless spec.Company Description
- CEO
- Ismail Sulaiman Hasan Al Aghani
- Sector
- Finance
- Industry
- Financial conglomerates
- Address
- Giza Egypt
- IPO Date
- Feb 28, 2007
- Website
- alamiya-eg.com
- Similar Companies
- Business
- International Company for Investment & Development (EGX: ICID) is an Egypt-based diversified investment and property development company engaged in the acquisition, development, management, and financing of real estate, agricultural, tourism, and commercial projects. Founded in 1980 and headquartered in Giza, Egypt, the company operates primarily across the Egyptian domestic market, serving institutional investors, commercial enterprises, and individual residential buyers. The company's core operations and services are organized into four main business segments: Real Estate and Urban Development, Land Reclamation and Agribusiness, Tourism Development, and Strategic Financial Investments. Under its Real Estate and Urban Development segment, the company provides end-to-end property solutions, including the acquisition, planning, subdivision, and infrastructure servicing of residential and commercial land plots; the construction, marketing, and direct sale of residential apartment buildings, villas, and housing communities; the development and leasing of commercial retail spaces and administrative office complexes; and ongoing property management and facility maintenance services. In the Land Reclamation and Agribusiness segment, the company engages in desert land reclamation, irrigation infrastructure development, and soil preparation; the cultivation and wholesale distribution of agricultural crops and orchard produce; and the establishment of agro-industrial infrastructure. In the Tourism Development segment, the company develops, owns, and operates coastal resort facilities, tourist villages, leisure complexes, and related hospitality amenities. In the Strategic Financial Investments segment, the company provides equity capital and corporate financing; participates in the formation, capitalization, and restructuring of subsidiary and associate operating companies across multiple economic sectors; and conducts proprietary portfolio management, treasury operations, and listed securities trading on the Egyptian Exchange. In recent operational and corporate developments, International Company for Investment & Development has executed strategic initiatives to restructure its asset base and optimize its capital allocation framework. The company has implemented corporate financial reorganizations, including board-approved equity capital management and reserves reallocation to fund expanded infrastructure works and accelerate project delivery across its residential and land development pipeline in emerging Egyptian urban zones. To bolster project execution, the company has formed strategic partnerships with specialized regional engineering and construction contractors for joint infrastructure development. Additionally, the company has streamlined its investment portfolio through the phased divestment of non-core equity assets, concentrating its capital and operational resources into core real estate development and asset management activities to enhance liquidity and drive sustainable long-term revenue growth.