Egypt’s Citadel Capital on Monday said consolidated third quarter net loss after taxes narrowed to LE 29.6 million ($5.1 million) from LE 94.8 million in the second quarter.
The Cairo-based private equity firm did not give a comparison figure for third quarter 2009 in its press release. It said its net assets under management rose to $4 billion. The company invests mainly in the Middle East and East Africa.
