Capital Real Estate clients’ sales at EGP 50 mln in H1
Egypt’s Capital for Real Estate Investment and Contracts has posted 500 million Egyptian pounds ($28 million) in…
Browsing Tag
First Half
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…
Emaar Misr first half profits rise 12.6%
Emaar Misr for Development, the Egyptian unit of UAE property conglomerate Emaar Properties, on Tuesday reported a…
Egypt’s Commercial International Bank first half net profit hit $247 mln
Egypt’s Commercial International Bank (CIB) reported on Thursday a net profit of 4.416 billion Egyptian pounds…
Palm Hills profits surge to EGP 439 mln in H1
Egyptian Palm Hills Developments’ first-half profits increased to 439.9 million Egyptian pounds ($24.6 million)…
Egyptian Industrial Development Bank’s H1 profits rise 11.33%
Industrial Development and Workers Bank of Egypt on Wednesday posted an 11.33 percent increase in its first half…
Egypt’s Memphis Pharmaceuticals losses hit 19.8 mln pounds in H1-FY2017/18
Egypt’s Memphis Pharmaceuticals and Chemical Industries (MPCI) unveiled Tuesday that its losses stood at 19.8…
Egypt’s state-run Heliopolis Housing profits fall 55% in H1-FY2017/18
Egypt's state-owned Heliopolis Company for Housing and Development reported Monday a 55 percent drop in its profits…
Egytrans H1 revenues jump 152%
Egytrans, a leading transport and logistics company, announced on September 13th its first half consolidated…
Egypt’s Golden Pyramids Plaza H1 profit hits $32.3 million
Egypt’s property developer firm Golden Pyramids Plaza reported Sunday first half net profit of $32.3 million higher…
Egypt’s fertilizers producer MOPCO H1 profits surge 33%
Egypt's state-run Misr Fertilizers Production Company (MOPCO) reported Tuesday a 33.2 percent increase from a year…
Egypt’s Cosmetics exports fall 30% in H1
Egyptian cosmetics exports fell by 30 percent to $69 million during the first half of 2017 from $98 million during…
Cairo-based pharmaceutical firms narrow H1 exports by 18.4%
Egyptian pharmaceutical companies' exports dropped by 18.4 percent to $102 million during the first half of 2017…
Egypt’s Cleopatra Hospital posts 29% up in Q2 revenues
Cleopatra Hospital Group, one of Egypt’s largest private hospitals, reported Tuesday a 29 percent growth in its…
Over five million Egyptians using OLX on a monthly basis in H1
OLX Egypt, the classifieds platform in Egypt, revealed the detailed property market trends report for the first…
Egypt’s Talaat Moustafa ups full-year target sales to 11.4 bln pounds
Egypt’s property developer Talaat Moustafa Group Holding (TMGH) board decided Monday to raise sales budget for 2017…
Emaar Misr profits jump by 41% in H1
Emaar Misr for Development, the Egyptian unit of UAE property conglomerate Emaar Properties, reported Wednesday a…
Budget deficit hit 5% in H1 of FY 2016/2017 – FinMin
Egypt’s budget deficit declined to 5% in the first half of the FY 2016/2017, down from 6.2 per cent in the same…
Egypt’s Al Ezz Dekheila reports more losses in Q2 and H1
Egypt's Al Ezz Dekheila Steel – Alexandria (IRAX.CA), a unit of Ezz Steel, announced on Tuesday it recorded deeper…
El Obour Real Estate turns into profitability, H1 net profit hit $36K
Egypt’s El Obour Real Estate Investment (OBRI.CA) turned into profits during the first half of the year, a bourse…
Egypt’s MB for Engineering says H1 profits up 39%
Egypt’s MB for Engineering and Contracting reported a 29 percent y-o-y rise in first half sales to reach 60 million…
Telecom Egypt to disclose H1 results on August 11
Telecom Egypt (ETEL.CA) announced Sunday that it will disclose its financial results for the first half of the year…
Etisalat Egypt posts H1 revenues of AED 2.22 billion
Etisalat Egypt, a subsidiary of UAE telecom operator Etisalat, has announced financial results of the first half of…
Japan’s Line Corp swings to first-half profit as ad revenue soars
Japan's Line Corp on Wednesday said soaring advertising revenue helped it swing into profit in the first half of…
Huawei’s global smartphone shipments surge 25% in first half
China's Huawei Technologies Co Ltd, the world's third-largest smartphone vendor, said first-half global smartphone…
Orange profits upfollowing EE sale
France's largest telecoms company Orange SA on Tuesday reported a sharp rise in first-half net profit mainly due to…
Huawei sees revenues growth in the first half of 2016
Chinese technology and smartphone giant Huawei has reported a 40% surge in revenue for the first half of 2016. The…
China autos rebound takes hold with strong first-half sales
Vehicle sales in China rose 8.1 percent in the first half of the year, the automakers association said on Monday,…
Israeli tech exits at $3.3 billion in 1st half of 2016
Israeli high-tech firms recorded exits totaling $3.3 billion in the first half of 2016 and are on track to be close…
Egyptian cigarette maker says H1 net profit surges to $103 million
Egypt’s cigarette monopoly Eastern Company for Tobacco (EAST.CA) said Tuesday its first half net profit rose to 809…
Samih Sawiris’ OHD obtains $20mn in H1
Orascom Hotels and Development’s (OHD) consolidated financial statements reveal the company achieved profits in the…
NBK-Egypt Net Profit hits US$36m in H1
National Bank of Kuwait-Egypt (NBK-E) reported net profits of EGP 284 million (US$36.2 million)for the first half…
Utopia Profits surge by 518% in H1
Utopia Real Estate Investment and Tourism's net profits hiked by 518.87% in the first half of 2015, as it hit EGP…
Credit Agricole Egypt H1 Net Profits rise by 55.7%
Credit Agricole-Egypt's net profits registered an increase of 55.7% within the first half of 2015, bank's business…
Misr Iran Bank H1 Net Profits hit $19mln
Misr Iran Development Bank (MIDB) has obtained net profit worth EGP151 million (US$19.2 million) in the first half…
Huawei’s First-Half Revenue Up 30 Percent Year-On-Year At $28 Billion
Huawei Technologies Co Ltd , one of the world's largest telecom equipment makers, on Monday posted a 30 percent…
Orascom Construction IPO Expected During The First Half Of 2015: OCI Official
Orascom Construction Industries (OCI) NV is studying the possibility of having an initial public offering (IPO) – a…
Oriental Weavers: Net Profit Surges 14.5% in H1
Egypt's leading carpet manufacturer Oriental Weavers (OW) (ORWE.CA) announced on Thursday its financial results for…
Profit Growth At Alpha Banks Slows To 1.3% In First Half
The growth in net profits of the 13 largest banks in Lebanon fell to 1.3 percent in the first half of 2013 from 7.7…
TMG sells 50 % of Madinaty Malls At EGP 500 Mln
Gehad El Sawafta, Vice Executive Officer of Talaat Moustafa Group Holding SAE (TMGH.CA), revealed that the company…