Egypt non-oil sector expands at 5-year high
Egypt’s non-oil private sector recorded its strongest expansion in five years in November 2025, driven by rising…
Browsing Tag
fourth quarter
Shell revenues drop to 30% in ’23
Shell reported 2023 revenues of $28 billion, down 30 per cent from the previous year's record, due to the decline…
GSK outperforms market expectations
GSK outperformed market expectations for its fourth-quarter results on Wednesday and released an optimistic outlook…
S. Arabia’s economy shrinks in Q4 ’23
Saudi Arabia’s economy shrank in the fourth quarter after it continued to reduce oil output in an effort to raise…
Egypt’s cotton exports fall 38.4% in Q4 of agricultural season
Egypt’s cotton exports went down 38.4 percent in the fourth quarter of the agricultural season 2016/2017, from…
Orascom to launch Abu Tig Hill Hurghada in Q4, eyes $22 mln revenues
Egypt’s Orascom Development Company says it plans to launch its real estate flagship Abu Tig Hill in El Gouna's…
Bitcoin surges to record above $6,400 after CME announces launch of futures for digital…
CME announced Tuesday it plans to launch bitcoin futures in the fourth quarter, pending regulatory review. Bitcoin…
Global largest payments network operator Visa posts 11% up in Q4 profit
Visa Inc, the world’s largest payments network operator, reported Wednesday an 11 percent increase in its…
Egypt’s unemployment rate falls 11.9% in Q4: minister
Egypt's latest projects and investments have led to a slight drop of 11.9 percent in the unemployment rate in the…
Egypt’s GDP jumps 4.2% in FY2016/17: minister
Egypt’s gross domestic product (GDP) increased by 4.2 percent during the financial year 2016/2017, the county's…
Egypt’s current account deficit falls 50% in Q4 of FY2017: CBE
Egypt’s current account deficit narrowed by 50 percent in the fourth quarter of financial year 2016/2017 to stand…
Egypt’s FY2017 economic growth not below 4%: minister
Egypt's economic growth rate would not fall below for during the financial year 2016/2017 four percent.As for the…
Dollar firms after upbeat US data raises rate hike expectations
The dollar firmed in Asian trading on Thursday after news of a pickup in U.S. economic growth early in the fourth…
Tesla’s Musk says will not have to raise funds in fourth quarter
Tesla Motors Inc Chief Executive Elon Musk on Sunday said the company would not need to raise equity or corporate…
General Company for Silos: Q4-FY2015/16 profit hits $5.1 million
Egypt’s General Company for Silos and Storage (GSSC.CA) reported higher profits for the fourth quarter of financial…
Egypt’s Arab Drugs trounces expectations, profits jump by 1235%
Egypt-based Arab Drug reported net profits before tax for the fourth quarter of financial year 2015/16 jumped by…
German industrial output edges up less than forecast in October
German industrial output inched up in October, data from the Economy Ministry showed on Monday, in a sign that this…
Australia’s Economy grows 2.5% on Year
Australia's economy grew 2.5% in the fourth quarter of 2014 from a year earlier, marking its slowest pace of annual…
HSBC Profits rise 4% in First Quarter
HSBC has reported a pre-tax profit of $7.06bn in the first three months of the year, up 4% on last year. The bank's…
Japan Growth revised Down as Business Investment Drops, keeps BOJ Pressured
Japan's economy grew much less than initially thought in the fourth quarter as capital expenditure declined in a…
Boeing fourth-quarter profit surges; sees cash rise in 2015
Boeing Co (BA.N) reported a 23 percent increase in core fourth-quarter profit on Wednesday, topping analysts'…
AT&T Estimates Charges Of $10 Billion In Fourth Quarter
AT&T Inc said it expected to record charges of about $10 billion for the fourth quarter but the non-cash losses…
Centamin Says Sukari Q4 Gold Output Climbs 40%
Centamin Plc. (CELTF.PK, CEY.L, CEE.TO) Thursday said total gold production for the fourth quarter from its Sukari…
Yahoo’s Fourth-Quarter Revenue Slides As Ad Prices Dip Again
Yahoo Inc's online ad prices slid again in the fourth quarter and Alibaba, the Chinese e-commerce giant in which…
EFG-Hermes Posts EGP 21 Mln Net Loss For Q4
Egypt’s biggest investment bank EFG-Hermes Holding (HRHO.CA) has logged EGP 21 million ($3.08 million) net loss in…
Bucks Surge In Fourth Quarter To Blast Heat
The Milwaukee Bucks stunned the Miami Heat with a fourth-quarter blitz on Saturday to record a 104-85 blowout win…
Ad Spending Increases Globally by 6.2% in Q4
Advertisers increased spending 6.2 % in the fourth quarter compared with a year earlier, according to Nielsen…