Aramex profit drops on Egypt wobble and currency moves
Dubai-listed courier company Aramex, said second-quarter profit dropped 23 percent to 97 million dirhams ($26.4…
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Egyptian Pound
Etisalat Misr H1 pretax profits hit 1.96 billion Egyptian pounds
Etisalat Misr, the Egyptian arm of UAE teleco firm Etisalat, said Thursday its first half profits before interests…
National Bank of Egypt NPLs hit 8 bln pounds
Egypt’s biggest lender, the state-owned National Bank of Egypt says its non-performing loans (NPLs) had risen to 8…
Orange Egypt losses jump by 3245% in H1
French telecoms company Orange posted a bigger first half loss in Egypt, its financial indicators showed Monday.…
Vodafone: Egypt revenue falls to €228 mln in Q1-FY2017/18
Vodafone, the world’s second biggest mobile operator, reported Friday a 37 percent revenue decline in Egypt during…
Egypt agricultural exports rose 12.1% in H1-2017
Egypt's agricultural exports surged 12.1 percent during the first half of 2017, reaching 3.5 million tonnes…
Faisal Islamic Bank H1 profits 67.3% up on Egypt pound float
Egypt’s Faisal Islamic Bank has made a 67.3 percent y-o-y rise in profits for the first half of 2017 triggered by…
Egypt central bank says $57 bln cash flow into banks in 8 months – paper
Cash inflows into Egypt's banking system totalled more than $57 billion since Egypt floated its currency in early…
Amer: Egyptian pound strengthens due to market supply, demand mechanism
The pound’s rally against the dollar in the few past days was due to the market’s supply and demand mechanism…
Egypt’s Q2-2016/17 exports rise to $5.1 billion: CBE
Egypt's exports totalled $5.1 billion in the second quarter of the financial year 2016/17, a rise on the $4.3…