Egypt’s private sector investments hit EGP 133b in Q1-FY24/25
Private sector investments in Egypt soared to 133.1 billion Egyptian pounds at constant prices during the first…
Browsing Tag
First quarter
Orange Egypt turns a profit in Q1 buoyed by sales
French telecoms company Orange reported its first quarterly profits in Egypt in 12 months on Thursday, buoyed by…
Egygab to launch Grand II in El Shorouk City within Q1-2018
Egypt's property developer Egygab Holding Company targets launching Grand II project in El Shorouk City within the…
Central bank of Egypt says balance of payments rise to $5.1 bln
The Central Bank of Egypt (CBE) stated that the total surplus of Egypt’s balance of payments rose to $5.1 billion…
EGYCO executes infrastructure works in phase II of Egypt’s Al-Robeky industrial zone
Egypt’s state-run El Nasr Company for Building and Construction (EGYCO) unveils it is implementing number of…
Egypt’s industrial production ups by 11.7% in Q1
The volume of Egyptian industrial production rose by 11.7 percent during the first quarter of 2017, Egypt’s…
Egypt’s Housing to launch land plots in New El Alamein, New Mansoura in Q1 of 2018
Egypt's Ministry of Housing will launch a number of land plots in New El Alamein, northwest of Cairo, and New…
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 Mohandes Insurance Q1 net profit jumps to 32.6mn pounds
Egypt's Mohandes Insurance Company reported Sunday an increase in is first-quarter net profit after minority…
Garment maker Kabo Q1 standalone profits up to 8mn Egyptian pounds
Egypt’s El Nasr Clothing and Textiles Company- Kabo reported Thursday an increase in its first-quarter standalone…
Egypt’s costs of subsidised petroleum products up 68% in Q1-FY2018
Egypt's cost of subsidised petroleum products rose 68 percent to 23.5 billion Egyptian pounds ($1.33 billion)…
Egypt’s Arabia Cotton Ginning Q1 standalone losses hit 9.4mn pounds
Egypt’s Arabia Cotton Ginning Company (ACGC) said Thursday its first-quarter standalone losses reached 9.4 million…
Kahira Pharmaceuticals Q1 profit jumps to 25.6 mln Egyptian pounds
Kahira Pharmaceuticals and Chemical Industries Company reported Tuesday an increase in its first-quarter net profit…
State-run Alexandria for Pharmaceuticals Q1 profits up to 37.3mn pounds
First-quarter profits of Egypt’s state-owned Alexandria Company for Pharmaceuticals and Chemical Industries…
Egypt’s state-run Canal Shipping Agencies Q1 profits jump to 35.7mn pounds
Egypt’s state-owned Canal Shipping Agencies Company announced Wednesday its first-quarter profits rose to 35.7…
Minister: Egypt’s gasoline consumption falls 4.2% in Q1 of FY2018
Egypt's gasoline consumption dropped by 4.2 percent and diesel consumption by 7.1 percent in the first quarter of…
South Cairo and Giza Mills Q1 profit rises to 6.9 mln pounds
South Cairo and Giza Mills and Bakeries, affiliated to the county’s Holding Company for Food Industries, said…
Egypt’s Middle and West Delta Flour Mills Q1 profit falls to 27mn pounds
Egyptian state-run Middle and West Delta Flour Mills Company’s first-quarter net profit dropped to 27 million…
Egypt’s state-run AMOC Q1 net profit ups to 402.6mn pounds
Egypt’s state-owned Alexandria Mineral Oils Company (AMOC) said Tuesday its first-quarter net profit jumped to…
State-owned Middle Egypt Flour Mills Q1 profits up to 28mn pounds
Middle Egypt Flour Mills Company, affiliated to Holding Company for Food Industries, reported Monday an increase in…
Egyptian Iron and Steel losses fall to 191 mln pounds in Q1
State-owned Egyptian Iron and Steel Company’s first-quarter net losses fell to 191.1 million Egyptian pounds ($10.8…
Chemical producer Kima Egypt profit Q1 jumps to 17.4 mln pounds
Egyptian Chemical Industries Company’s (Kima) first-quarter net profit jumped to 17.4 million Egyptian pounds…
Egypt Aluminum Q1 net profit jumps to 712 million pounds
Egypt Aluminum Company’s (Egyptalum), the largest aluminium producer in Egypt and Africa, first-quarter net profit…
Egypt’s state-run Misr Chemical Industries Q1 profit ups to 29.4mn pounds
Egyptian state-owned Misr Chemical Industries Company’s first-quarter net profit after tax rose to 29.4 million…
Misr Oils and Soap Q1 profit jumps to 5 mln Egyptian pounds
Egypt’s Misr Oils and Soap Company reported Thursday an increase in its first-quarter net profit worth 5 million…
Egypt’s Eastern Company Q1 net profit ups to 1.04bn pounds
Egypt's Eastern Company’s, affiliated to Chemical Industries Holding, first-quarter net profit after tax climbed to…
Egypt’s Memphis Pharmaceutical posts 7.8 million pounds of Q1 loss
Egypt’s state-run Memphis Pharmaceuticals and Chemical Industries (MPCI) said Thursday it has achieved…
State-owned Heliopolis Housing Q1 profit rises to 77mn Egyptian pounds
Net profit after tax of Egypt’s state-owned Heliopolis Company for Housing and Development (HELI) jumped to 77…
State-owned Nile Cotton Ginning Q1 loss hits 1.5 mln Egyptian pounds
Egypt’s state-run Nile Cotton Ginning Company’s first-quarter net loss after tax reached 1.5 million Egyptian…
Egypt’s General Co. for Paper Industry Q1 loss hits 15.4 mln pounds
Egypt’s General Company for Paper Industry reported Wednesday first-quarter net loss worth 15.4 million Egyptian…
Mohandes Insurance Q1 standalone profit falls to 21mn Egyptian pounds
Egypt's Mohandes Insurance Company’s first-quarter standalone net profit fell to 21 million Egyptian pounds ($1.2…
Alexandria Container and Cargo Handling Q1 profit ups 564mn Egyptian pounds
Egypt’s state-run Alexandria Container and Cargo Handling Company reported Sunday an increase in its first-quarter…
Ministry: Egypt’s tax revenues jump by 55% in Q1 of FY2017/18
Tax revenues in the first quarter of the financial year 2017/2018 increased 55 percent to to 88.6 billion pounds…
Egypt’s Misr Hotels Q1 profit hits 37.6 mln pounds
Egypt’s state-run Misr Hotels Company reported Wednesday first-quarter net profit after tax worth 37.6 million…
Egypt’s Ezz Steel narrows Q2 losses by 97%
Egypt’s largest steel producer Ezz Steel reported Monday that its second-quarter losses had narrowed 97 percent…
Middle East Glass Q1 losses 547% higher
Egypt’s Middle East Glass Manufacturing (MEGM.CA) reported on Wednesday that its first quarter losses mounted by…
Dabur Egypt sales for Q1-2016 up 25%
Dabur Egypt’s sales for the first quarter of 2016 achieved a 25% increase, according to Moheb Kaiser, the…
GSK-Egypt losses shrink by 6% in Q2-2016
Glaxo Smith Kline SAE (GSK) posted net losses of 72.91 million Egyptian Pounds in the first quarter of the fiscal…
Egypt’s South Valley Cement Q1 2016 net profits up 33%
Egypt-based South Valley Cement (SVCE.CA) reported an increase of 33 percent in net profits for the first quarter…
Slight growth of 1.3% in mobile users in Egypt during Q1-16
The number of mobile users increased throughout the first quarter of 2016, compared to the fourth quarter of 2015,…