Egypt to launch platform to improve FDI data accuracy
Egypt will launch a digital platform to collect and analyse corporate financial statements to improve the accuracy…
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financial statements
S. Africa’s KAP mulls $317mln logistics unit sale
KAP Ltd. is reportedly considering selling of its Unitrans business, as part of its plans to lower the company's…
Egypt’s Delta Insurance net profits rise 24% y-o-y in FY2020
Egyptian Delta Insurance’s consolidated net profits after taxes increased 24 percent year-on-year during the…
Egypt’s property developer SODIC profits drop 80% in H1
Egypt’s Six of October Development and Investment (SODIC) posted an 80 percent decline in its profits during the…
Cairo for Investment profits rise 95% in FY2017/18
Cairo for Investment and Real Estate Development (CIRA) reported on Sunday a 95 percent increase in its profits to…
Egypt’s Ezz Steel nine-month profits jump 316%
Egypt’s largest steel producer Ezz Steel reported on Tusday a 316 percent rise in its nine-month profits to 996.5…
Property developer Tameer first half profits fall to EGP 416,000
Egyptian property developer Tameer’s first half profits fell to 416,400 Egyptian pounds ($23,396) from 4.4 million…
Egypt’s property developer Amer profits shrink in H1
Egyptian real estate firm Amer Group Holding’s first-half profits dropped to 55.08 million Egyptian pounds ($3.1…
Arab African International Bank’s 2017 profits rise to $260 mln in Egypt
Arab African International Bank’s (AAIB), an international bank based in Egypt, consolidated financial statements…
Egyptian dairy maker Domty’s profits rise 140% in 2017
Profits of Egyptian dairy maker Arabian Food Industries Company- Domty rose by 140 percent to register 61.52…
Egypt Gas reports 6% surge in 2017 profits
State-run Egypt Gas Company’s profits rose by 6 percent, registering around 25.6 million Egyptian pounds ($1.4…
Egypt’s state-run Madinet Nasr Housing 2017 profits rise 28%
Profits of Egypt’s state-owned Madinet Nasr for Housing and Development (MNHD) increased by 28 percent to reach…
Egypt’s Delta for Printing and Packaging net profits rise to 5 mln pounds in 2017
The net profits of Egypt’s Delta Company for Printing and Packaging increased to five million Egyptian pounds…
Egypt’s Porto Group 2017 profits surge to 245 mln pounds
Egypt-based property developer Porto Group’s profits increased to 245.5 million Egyptian pounds ($13.9 million) in…
Egyptian Iron and Steel losses hit 231 mln pounds in first 7 months of 2017
State-owned Egyptian Iron and Steel Company incurred losses stood at 231 million Egyptian pounds (13 million)…
State-owned Egypt Gas’s pre-tax profits surge 9.66% in 2017
State-run Egypt Gas Company’s profits before taxes rose by 9.66 percent, registering 28.73 million Egyptian pounds…
Egypt’s state-run Zahraa Maadi 2017 sales fall by 10%
Egyptian state-owned Zahraa Maadi Investment and Development Company’s sales dropped by 10 percent to 160 million…
Egypt’s Abu Qir Fertilizers 2017 profits rise 14%
Egypt-based Abu Qir Fertilizers and Chemical Industries Company’s profits rose by 14 percent, reaching 1.24 billion…
Cairo Poultry Company profits rise to 364 mln pounds in 2017
Cairo Poultry Company’s (CPC) profits rose to 364.1 million Egyptian pounds ($20.5 million) in 2017 from 263.3…
Export Development Bank of Egypt profits rise 66% in Q1-FY2017/18
Profits of Export Development Bank of Egypt (EBE) rose by 66 percent during the first quarter of financial year…
Egypt’s Talaat Mostafa profits rise to 1.06bn pounds in nine months
Nine-month profits of Egypt's property developer Talaat Mostafa rose to 1.06 billion Egyptian pounds ($60.1…
Egypt’s International Co. for Investment and Development 9-month profit falls to 2.1mn…
Nine-month standalone net profit of Egypt-based International Company for Investment and Development fell to 2.1…
Cairo Development and Investment board approves capital decrease to 94mn pounds
Cairo Development and Investment Company’s board approved Monday issued and paid-up capital decrease to 94 million…
Egypt’s garments producer Al Arafa Q1 profits rise by 48%
Egypt’s high-end garments producer Al Arafa for Investments and Consultancies reported Thursday a 47.8 percent…
Egypt’s Arab Pharmaceutical ADCO posts 444% surge in pre-tax profits
Egypt’s Arab Drug Company for Pharmaceuticals and Chemical Industries (ADCO) says profits before tax rose 444…
Raya Holding’s Q1 net profit jumps to 40 mln Egyptian pounds
Egypt’s Raya Holding for Technology and Telecommunication says its first-quarter net profit increased to 40 million…
Egypt’s Arab Aluminum reports 53% surge in Q1 profits
Egypt-based Arab Aluminum Company (AAC) reported Monday a 53 percent increase in its first quarter profits to reach…
Housing and Development Bank posts 644 mln pounds net profit by end-2016
Egypt's state-run Housing and Development Bank (HDB) said Thursday net profit rose to 644.161 million Egyptian…
Egypt state-owned Maritime and Land Transport: 75.2% rise in profits
The Egyptian state-owned Holding Company for Maritime and Land Transport approved Friday financial statements ended…
Banque Du Caire’s Assets Hike EGP73 billion in 2014
Banque Du Caire's assets increased to EGP73 billion at the end of 2014 alongside the granted finance surged to…
Egypt’s Blom Bank Profits Surge to EGP197.8mn in September
Egypt's Blom bank achieved EGP197.89million profits in September 2014 in compared to EGP109.837 million in…
Barclays-Egypt’s Personal Loans Hit EGP1.9bn in September
The total value of personal loans at Barclays Bank-Egypt reached nearly EGP1.9 billion at the end of September…
Egypt’s Blom Bank Loans Inch to EGP3.7bn, Deposits EGP11.4bn in Sept
The total value of Blom Bank's loans and Facilities inched to EGP3.710 billion at the end of September 2014 against…
Vodafone Egypt’s Annual Revenues are worth EGP13bn
CEO of Vodafone Egypt S.A.E Hatem Dowidar said the volume of the company's annual revenues are worth around EGP13…
QNB-Al Ahli’s Profits Post 24% in 9 Months
Qatar National Bank Al Ahli (QNBA) released financial statements for the first nine months of this year. The…
Mohandes Insurance Attains EGP15.1mn Profits in H1
The financial statements of Mohandes Insurance Company Egypt revealed that the company attained EGP15.1…
Ahli United Bank Opens EGP1.5bn Letters of Credit for Petroleum Sector
Ahli United Bank (AUB) has opened letters of credit worth EGP1.5 billion within the first 8 months of the current…
Emirates NBD Egypt’s Profits Surpass EGP200mn in H1
Emirates NBD Egypt Achieved AED 102.8 million (EGP200.7 million) during the first half of the current year in…
Heliopolis Housing’s Net Profits Surged by 32.5% in 11 Months
Heliopolis Company for Housing and Construction (HELI.CA) achieved EGP171million net profits within the period from…
Arab Misr Insurance GIG’s Investment Portfolio Hit EGP470mln at June-End
The financial statements of Arab Misr Insurance Group GIG explained that the total value of the company's…