Industry & Trade Shell vows more cuts as annual profit sinks on weak oil prices Noha Gad Feb 4, 2016 0 Royal Dutch Shell (RDSa.L), Europe's largest oil company, reported its lowest annual income in at least 13 years on…
Banks NBE ups mortgage loans to $33.6bn to serve 3,520 low-income units aya salah Jan 18, 2016 0 The National Bank of Egypt (NBE)’s mortgage loans, upon the central bank’s housing initiative, have increased to…
International News Oxfam Income rises to £401.4m despite fall in Shop Earnings Noha Gad Aug 10, 2015 0 Oxfam's annual income has risen to £401.4m, up £12m, despite the charity seeing a fall in money from its shops. The…
Real Estate Egyptian government benefits from biting housing crisis -Expert aya salah May 12, 2015 0 The Egyptian government, being the country’s largest landowner, is benefitting from the housing crisis,…
Egypt News Income And Capital Gains Tax Revenues Register LE7.8 M In July, August Amwal Al Ghad English Oct 13, 2014 0 The budget revenues have increased in July and August by 0.7% to register LE 34.4 billion, the Ministry of…
Tech news Siemens Plans 4 Billion-Euro Buyback as Charges Decline Amwal Al Ghad English Nov 7, 2013 0 Siemens AG (SIE), Europe’s largest engineering company, will buy back 4 billion euros ($5.4 billion) of shares…
International News US Consumer Spending Rises as Incomes Increase Administrator Apr 30, 2012 0 Consumer spending in the U.S. climbed in March after the biggest gain since August 2009, and incomes picked up,…
Industry & Trade Aramex Achieves High Growth in Revenues and Net Profits in Q1 2012 Administrator Apr 24, 2012 0 Aramex -the global logistics and transportation solutions provider- announced its financial results for the first…
Industry & Trade Suez Canal Q1 Revenues Increases 3% Administrator Apr 21, 2012 0 Egypt's Suez Canal has posted a 3% rise, or $36.4m, in revenue to $1.255bn for the first quarter of 2012, compared…
Tech news Mobily’s Net Income Increases by 21% Administrator Apr 18, 2012 0 Saudi-based telecom operator, Etihad Etisalat (Mobily) has said its first-quarter net income rose 21% to SR1.21bn,…