Industry & Trade Egypt’s Amer Group profits down 60% in Q1, reports $802mn Ghada Ismail Aug 16, 2016 0 Egypt leading real estate developer Amer Group Holding (AMER.CA) posted a decline of 60% in net profits for the…
Tech news Sharp first quarter loss declines on cost cuts, but revenue plunges by a third Ghada Ismail Jul 30, 2016 0 Japanese electronics maker Sharp Corp reported a smaller first-quarter loss helped by restructuring and cost…
World UK current account deficit fails to narrow as expected in Q1 Noha Gad Jun 30, 2016 0 Britain's vast current account deficit failed to narrow as expected in the first three months of this year and…
Tech news Egypt’s Global Telecom posts $87.5 mln Q1 net profit aya salah May 12, 2016 0 Egypt's Global Telecom swung to a first-quarter net profit of $87.5 million from a loss of $82.3 million a year…
Tech news Telecom Egypt’s Q1 profits double to $135 million Ghada Ismail May 9, 2016 0 State-run landline monopoly Telecom Egypt's first-quarter net profit rose almost 116 percent due to growth in its…
Real Estate Egypt’s mortgage sector leapt by 30 pct in 2016 aya salah May 3, 2016 0 Egypt’s first-quarter mortgage activity surged by 30 percent, the head of Egyptian Financial Supervisory Authority,…
Financial Institutions Misr Life Insurance premiums grow 3% in four months aya salah Nov 23, 2015 0 The volume Egypt's Misr Life Insurance Company direct premiums has increased by 3 percent during the first quarter…
Real Estate Orascom Construction Industries says profits soar in Q1 2015 aya salah Oct 12, 2015 0 Egypt’s Orascom Construction Industries Company (OCI) registered first quarter net profit of 784.7 million Egyptian…
International News Toshiba to report first quarter operating loss of over 10 billion yen Noha Gad Sep 14, 2015 0 Toshiba Corp (6502.T) is set to report an operating loss of more than 10 billion yen ($83 million) in the…
Banks Blom Bank Egypt eyes opening 6 new branches by Q1 2016 Noha Gad Sep 10, 2015 0 Blom Bank Egypt targets opening six new branches till the first quarter of 2016 to join its current 37…