Industry & Trade Hapag-Lloyd cuts ’25 earnings forecast Aya Anwar Aug 14, 2025 0 Hapag-Lloyd reported a 3.1 per cent drop in first-half net income to €709 million ($829 million) and lowered the…
Featured Honda’s consolidated sales revenue falls in Q2 ’25 Nada Ali Aug 6, 2025 0 Honda Motor Co. reported on Wednesday a 1.2 per cent decrease in consolidated sales revenue for the three months…
Industry & Trade Aramco profit drops in Q2 ’25 Aya Anwar Aug 5, 2025 0 Saudi Arabia’s Aramco posted a 22 per cent year on year (YoY) drop in second-quarter net profit to $22.7 billion on…
Banks European banks earnings to show impact of external factors Aya El Sayed Jul 22, 2024 0 This week, Europe’s largest banks will announce their second-quarter earnings, focusing on whether gains from…
Featured European shares dips on earnings, Fed news Aya El Sayed May 2, 2024 0 European shares started on a subdued note as investors on Thursday, returning from a mid-week holiday, grappled…
Financial Institutions CI Capital Holding earnings jump 92% in first quarter of 2023 Nada Ali Jun 5, 2023 0 CI Capital Holding's combined profits for Egyptian financial investments grew by 92 percent during the first…
Money Talaat Moustafa Group profits jump by 32% in Q1 Yassmine Elbehnaihy May 29, 2023 0 The net profits of Talaat Moustafa Group (TMG) increased by 32 percent in the first quarter of 2023, reaching 747.5…
Africa News Nedbank posts 20% rise in annual profit Sama Mousa Mar 7, 2023 0 South African moneylender Nedbank Group has announced a 20 percent increase in the full annual profit, due to…
Banks JP Morgan records Q4 earnings 2022 at $3.57 per share Nada Ali Jan 15, 2023 0 U.S. bank JP Morgan reported strong results in the fourth quarter as it jumped 6 percent from the earlier period to…
Tech/AI Samsung Electronics flags 23% growth in second-quarter operating profit Amwal Al Ghad English Jul 7, 2020 0 Samsung Electronics Co Ltd flagged a 23 percent increase in second-quarter operating profit on Tuesday, beating…
The Watch Oil rises on output cut support, but U.S. virus spike caps gains Amwal Al Ghad English Jul 7, 2020 0 Oil increased in early trade on Tuesday with major producers sticking to supply cuts, but earnings were capped as…
Tech/AI Japan’s Sharp posts 37% decline in annual profits Amwal Al Ghad English May 19, 2020 0 Japan’s Sharp Corp, an Apple Inc supplier, reported a 37 percent decline in annual operating profits and refrained…
Stocks European shares close higher after U.S. jobs data Amwal Al Ghad English May 9, 2020 0 European shares closed higher on Friday afternoon despite data from the U.S. Labor Department showing a record 20.5…
Tech/AI Samsung expects coronavirus will hit demand for key products Amwal Al Ghad English Apr 29, 2020 0 Samsung Electronics Co Ltd said on Tuesday it expects smartphone demand to “drop sharply in most regions” due to…
Tech/AI General Electric beats low earnings expectations in Q2 as cash flow stablises Amwal Al Ghad English Jul 31, 2019 0 General Electric reported second-quarter earnings on Wednesday that were slightly better than expected by Wall…
Money UAE-based Emaar Development’s Q1 earnings fall Amwal Al Ghad English May 8, 2019 0 Emaar Development, the United Arab Emirates based property development arm of Emaar Properties, reported a drop in…
Stocks European markets likely to open slightly lower as investors monitor gains Amwal Al Ghad English Apr 24, 2019 0 European markets are set to open slightly lower Wednesday morning, as market participants monitor the latest flurry…
Stocks Dow futures point to a modest open ahead of gains Amwal Al Ghad English Apr 15, 2019 0 U.S. stocks were slightly higher Monday morning, as market participants awaited further earnings reports. At around…
USA S&P 500 snaps 5-day winning streak Amwal Al Ghad English Feb 7, 2019 0 U.S. stocks slipped on Wednesday as Wall Street digested mixed quarterly earnings results as well as President…
World European markets close mixed amid gains; Wirecard shares rise 14% Amwal Al Ghad English Feb 5, 2019 0 European markets closed in mixed territory Monday, as market participants monitored another flurry of corporate…
USA Dow jumps over 150 points as tech shares rise ahead of Alphabet earnings Amwal Al Ghad English Feb 5, 2019 0 U.S. stocks rose on Monday, led by tech shares, as investors awaited key corporate earnings from companies like…
USA Dow surges over 400 points to above 25,000 after Fed signals patience with rate hikes Amwal Al Ghad English Jan 31, 2019 0 U.S. stocks rose on Wednesday after the Federal Reserve kept interest rates unchanged and said it will be patient…
USA Dow posts slight gain as Wall Street braces for Apple earnings Amwal Al Ghad English Jan 30, 2019 0 Dow Jones Industrial Average rose slightly on Tuesday as Wall Street awaited the latest quarterly results from tech…
USA Dow falls over 200 points as weak Caterpillar, Nvidia guidance stokes China fears Amwal Al Ghad English Jan 29, 2019 0 U.S. stocks fell sharply on Monday after weaker-than-expected quarterly earnings and guidance from Caterpillar, as…
World Asian markets struggle for gains despite strong US earnings; China concerns linger Amwal Al Ghad English Jan 17, 2019 0 Asian markets gave up early gains on Thursday despite strong quarterly earnings in U.S. and after U.K. government…
USA US stocks post back-to-back losses for the first time this year on earnings worries Amwal Al Ghad English Jan 15, 2019 0 U.S. stocks fell on Monday as the U.S. corporate earnings season kicked off. Concerns over an economic slowdown in…
World European markets to open lower as Apple guidance amplifies growth fears Amwal Al Ghad English Jan 3, 2019 0 European markets are expected to open lower on Thursday after a revenue guidance cut from Apple added to fears of a…
Arab Saudi stock market rises on oil gains, banks boost Qatar Amwal Al Ghad English Dec 3, 2018 0 Saudi Arabia’s stock market rose as oil prices climbed by more than 4 percent on Monday, leading to gains in its…
Featured Egypt’s Suez Canal revenues surge 7.75% in October Amwal Al Ghad English Dec 1, 2018 0 Egypt's Suez Canal revenues increased 7.75 percent to $506.1 million in October from $469.7 million last year.
World European markets seen mixed after pullback in tech stocks Amwal Al Ghad English Nov 13, 2018 0 European markets are poised for a mixed open on Tuesday in Europe, after a rout in tech stocks on Wall Street.
World European equities seen higher; oil in focus Amwal Al Ghad English Nov 12, 2018 0 European equities are expected to open higher on Monday taking cue from global market sentiment.
World Europe markets close higher following US midterm elections Amwal Al Ghad English Nov 8, 2018 0 European stocks moved higher on Wednesday as investors digested the results in the U.S. midterm elections. The…
Arab Major Gulf stocks fall, Qatar up after new appointments Amwal Al Ghad English Nov 5, 2018 0 Saudi Arabia’s stock index opened lower on Monday as some stocks were weighed down by poor earnings and blue-chip…
Arab Saudi stock market rises over 3% on strong results, outperforms Gulf Amwal Al Ghad English Oct 25, 2018 0 Saudi Arabia’s stock market rose sharply in early trade on Thursday, outperforming other major Gulf markets as it…
USA Dow erases gains for 2018, tumbles over 600 points as stocks extend Oct. swoon Amwal Al Ghad English Oct 25, 2018 0 U.S. stocks plummeted on Wednesday as a sharp drop in tech shares and worries about corporate earnings added fuel…
World Stocks in Europe set to slump as the global sell-off drags on Amwal Al Ghad English Oct 25, 2018 0 Stocks in Europe are poised for a lower open Thursday, taking cues from the selling on Wall Street overnight.
Arab Company results lift Saudi market; Abu Dhabi, Dubai, and Qatar slip Amwal Al Ghad English Oct 24, 2018 0 Saudi Arabia’s stock market took a breather on Wednesday, rising modestly on the back of corporate earnings despite…
USA US stocks roar back from 500-point loss in the Dow, but still end the day lower Amwal Al Ghad English Oct 24, 2018 0 U.S. stocks fell on Tuesday as corporate results from Caterpillar and 3M disappointed investors, but the market…
World Asia trades mostly higher following turbulent morning Amwal Al Ghad English Oct 24, 2018 0 Asia traded mostly higher Wednesday afternoon, following a turbulent morning session where stocks seesawed between…
forex news Yen gives up early gains on improved risk appetites, May speech awaited Amwal Al Ghad English Oct 24, 2018 0 The yen relinquished Wednesday's early gains and weakened as risk appetites returned with Asian equity indices…