Featured Shell revenues drop to 30% in ’23 Aya Anwar Feb 1, 2024 0 Shell reported 2023 revenues of $28 billion, down 30 per cent from the previous year's record, due to the decline…
Money GSK outperforms market expectations Aya Anwar Jan 31, 2024 0 GSK outperformed market expectations for its fourth-quarter results on Wednesday and released an optimistic outlook…
Featured S. Arabia’s economy shrinks in Q4 ’23 Aya Anwar Jan 31, 2024 0 Saudi Arabia’s economy shrank in the fourth quarter after it continued to reduce oil output in an effort to raise…
Industry & Trade Egypt’s cotton exports fall 38.4% in Q4 of agricultural season Yomna Yasser Dec 4, 2017 0 Egypt’s cotton exports went down 38.4 percent in the fourth quarter of the agricultural season 2016/2017, from…
Real Estate Orascom to launch Abu Tig Hill Hurghada in Q4, eyes $22 mln revenues Yomna Yasser Nov 19, 2017 0 Egypt’s Orascom Development Company says it plans to launch its real estate flagship Abu Tig Hill in El Gouna's…
Financial Institutions Bitcoin surges to record above $6,400 after CME announces launch of futures for digital… Yomna Yasser Nov 1, 2017 0 CME announced Tuesday it plans to launch bitcoin futures in the fourth quarter, pending regulatory review. Bitcoin…
Financial Institutions Global largest payments network operator Visa posts 11% up in Q4 profit Yomna Yasser Oct 25, 2017 0 Visa Inc, the world’s largest payments network operator, reported Wednesday an 11 percent increase in its…
Egypt News Egypt’s unemployment rate falls 11.9% in Q4: minister Yomna Yasser Oct 12, 2017 0 Egypt's latest projects and investments have led to a slight drop of 11.9 percent in the unemployment rate in the…
Industry & Trade Egypt’s GDP jumps 4.2% in FY2016/17: minister Yomna Yasser Sep 13, 2017 0 Egypt’s gross domestic product (GDP) increased by 4.2 percent during the financial year 2016/2017, the county's…
Banks Egypt’s current account deficit falls 50% in Q4 of FY2017: CBE Yomna Yasser Sep 12, 2017 0 Egypt’s current account deficit narrowed by 50 percent in the fourth quarter of financial year 2016/2017 to stand…