Food Sector Captures Lion’s Share of AUB’s Total Letters of Credit in 2013
During 2013, Ahli United Bank (AUB) has opened letters of credit in the amount of US $ 2 billion in favor of the…
Browsing Tag
first half of 2013
Barclays Bank Egypt Attains EGP325 mln Profits in 9 Months
Barclays Bank Egypt posted net profits worth EGP 325 million during the first nine months of 2013, a senior source…
Ezz Dekheila Steel H1 Net Profit Rises 203%
Egypt’s Al Ezz Dekheila Steel Co. (IRAX.CA), a unit of Ezz Steel (ESRS.CA), posted a 203 percent rise in its first…
Orascom Hotels & Development Extends Losses to EGP164 mln – H1
Orascom Hotels & Development (ORHD.CA) reported its consolidated financial results on Sunday incurring a net…
Elsewedy Electric H1 Profits Rise to EGP166 Mln
El Sewedy Electric (SWDY.CA), the leading Wire & Cable and Integrated Energy Solution Provider in the…
Egypt’s Maridive: Consolidated Profits Hit US2.3 mln in H1
Egypt's Maridive and Oil Services (MOIL.CA), the biggest oil services company by fleet size in the Middle East,…
EFG-Hermes Turns into Loss in Q2 Due to Asset Disposal
EFG Hermes (HRHO.CA), the leading investment bank in the Arab world, maintained a sharp focus throughout the first…
EFG-Hermes Says H1 Net Profit Shrank to EGP69 mln
EFG-Hermes (HRHO.CA), the Middle East's largest investment bank, reported on Sunday net profit of EGP 69 million…
Bank Audi Egypt Doubles Profits to EGP212 mln by June-End
Bank Audi Egypt has doubled its net profit to EGP 212.3 million at the end of last June, compared to EGP…
OCI N.V. H1/2013 Net Income Dips to $56.0 mln
OCI N.V. reported financial results for the first half of 2013 which reflected 75.7% ownership in Orascom…
UAE Receives Egyptian Agricultural Exports Worth EGP405 mln in H1
During the first half of 2013, the United Arab Emirates has received Egyptian agricultural exports totaled EGP 405…
GB Auto to Buy GB Global, Says H1 Net Profit 6.76% Up
Leading car assembler GB Auto (AUTO.CA)’s board of directors have approved on Tuesday to buy GB Global Limited –…
Egypt’s Talaat Moustafa Says H1 Net Profit Fell 4.9%
Egyptian property developer Talaat Moustafa Holding (TMGH.CA) said its net profit for the first six months fell…
Egypt Gas: Net Profit Hits EGP106 mln in H1/13
Egypt Gas (EGAS.CA) reported on Monday its financial results for the first half of 2013 of which the firm has…
Net Income of Al Baraka Banking Group Increased by 16% to US$140 Million in the First Half…
The Bahrain based leading Islamic banking group, Al Baraka Banking Group B.S.C. (ABG) announced that its net income…
Crédit Agricole Egypt: Consolidated Profits 33.6% Up – H1
Crédit Agricole Egypt (CIEB.CA) has reported today its financial results posting a net profit after tax of EGP…
Tourists’ Numbers Visit Egypt in 2013 Hit 6 mln, But Travel Warnings Slow Recovery
Egypt received around 5.7 million tourists in the first six months of 2013, generating some $4.4 billion, said…
Faisal Islamic Bank Egypt Says Total Revenues 30.2% Up By June-End
Faisal Islamic Bank of Egypt (FAIT.CA) has reported on Sunday a 30.2% growth in its total revenues which hit in the…