Industry & Trade Car sales in Egypt drop 32% in H1 2016 Noha Gad Aug 9, 2016 0 Sales across the automotive market continue to decline, even following a slight recovery from the crisis of low…
Egypt News Sharm El Sheikh, Hurghada occupancy levels to drop until September 2016- report Noha Gad Aug 7, 2016 0 U.S.-based Colliers International expected that occupancy levels in Egypt's Sharm El Sheikh and Hurghada to drop by…
Industry & Trade Egyptian ready-made clothes exports drop by 16% in 6 months Noha Gad Aug 7, 2016 0 Egyptian exports of ready-made clothes dropped by 16 percent during the first half of 2016 to US$591 million from…
Banks Credit Suisse, Deutsche Bank to be dropped from STOXX Europe 50 index Noha Gad Aug 2, 2016 0 Credit Suisse (CSGN.S) and Deutsche Bank (DBKGn.DE) will be dropped from the STOXX Europe 50 index .STOXX50 from…
Tech news Comcast profit drops on film sales, beats Wall Street estimates Ghada Ismail Jul 27, 2016 0 Comcast Corp reported a 5 percent drop in quarterly profit on Wednesday, hurt by lower film division sales, but…
forex news Weaker dollar lifts oil prices, but mood remains bearish Noha Gad Jul 26, 2016 0 Oil prices rebounded from over three-month lows on Tuesday, lifted by a drop in the dollar, but concerns of ongoing…
World Japanese stocks fall on stronger yen; BOJ meeting in focus next week Noha Gad Jul 23, 2016 0 Japanese stocks dropped on Friday in thin trade, with investors taking profit after recent gains as the yen…
Financial Institutions Bank of America sets new cost target under pressure from low rates Noha Gad Jul 19, 2016 0 Bank of America Corp (BAC.N) reported a 19 percent drop in second-quarter profit on Monday and set a new expense…
Industry & Trade Rubber exports decline 23% in five months- Egyptian Council Noha Gad Jul 18, 2016 0 Egyptian rubber exports dropped by 23 percent in January-May 2016 to 265 million Egyptian pounds (US$29.8 million)…
Industry & Trade General Motors escapes some claims from 2014 recalls Noha Gad Jul 16, 2016 0 A U.S. judge on Friday dismissed some claims brought against General Motors by customers seeking compensation for a…