Arabia Investments & Development Holding reported audited consolidated earnings results for the year 2017. For the period, the company reported total revenues of EGP 1,400.3 million against EGP 1,479.9 million a year ago. Total EBITDA was EGP 146.7 million against EGP 183.2 million a year ago. Consolidated net loss was EGP 180.4 million against EGP 266.4 million a year ago. Consolidated net loss after minorities was EGP 189.0 million against EGP 273.6 million a year ago.

The company targets EGP 1.5 billion in top line for 2018, with EBITDA over EGP 200 million and consolidated profits of EGP 80 million.