Industry & Trade Red Sea Ports attains revenues of 1.2bn Egyptian pounds in FY2015-16 Noha Gad Aug 20, 2016 0 Egyptian Red Sea Ports Authority (RSPA) attained revenues estimated at 1.2 billion Egyptian pounds (US$135.1…
Real Estate Emaar Misr says H1 net profit climbs 32.4% to $77.8 mln Yomna Yasser Aug 9, 2016 0 Emaar Misr, unit of Dubai property developer Emaar, said first half net profit climbed 32.4 percent y-o-y to 691.28…
Financial Institutions Sawiris’ Beltone Financial says Q1 net profit jumps 132% Yomna Yasser Aug 8, 2016 0 Egypt's Beltone Financial, a unit of billionaire businessman Naguib Sawiris's OTMT, reported a 132 percent jump in…
Tech news Egypt-based Global Telecom reports Q2 net profit of $26.5 mln Yomna Yasser Aug 4, 2016 0 Global Telecom, the Egypt-based group formerly known as Orascom Telecom, registered a net profit of $26.5 million…
Real Estate Wadi Degla eyes $677mn in Sales for 2016 aya salah Aug 2, 2016 0 Egypt-based real estate developer Wadi Degla Developments expects its sales revenues to record 6 billion…
Real Estate Egypt’s Heliopolis Housing posts 95.7% rise in 2015/16 net profit Yomna Yasser Aug 1, 2016 0 Egyptian developer Heliopolis Company for Housing and Development has posted a 2015/16 full year net profit of…
Banks Egypt’s CIB posts higher net income, revenues in Q2 aya salah Jul 28, 2016 0 Commercial International Bank (CIB) , Egypt's largest listed company, on Wednesday reported a 28 percent rise in…
Tech news Vodafone says Egypt Q1 revenues fall to €362 mln on currency devaluation Yomna Yasser Jul 23, 2016 0 Mobile operator Vodafone Group has registered revenues in Egypt worth €362 million (3.5 billion Egyptian pounds)…
Egypt News Egypt 2016/17 budget sees deficit of 9.8%: finance ministry Yomna Yasser Jul 11, 2016 0 Egypt's 2016/17 budget forecasts a deficit of 9.8 percent, the Finance Ministry announced in a statement on Monday.…
Egypt News Egypt’s tourism revenues slumped 40.5 pct in 9 months aya salah Jul 10, 2016 0 The Central Bank of Egypt (CBE) revealed that Egypt’s tourism revenues retreated 40.5% or $2.2 billion in the last…