Cocoa, coffee to lead global commodity gains in 2024
Cocoa and coffee are poised to become the top-performing commodities for 2024, driven by global supply deficits,…
Browsing Tag
Losses
Global property reinsurance rates to drop for 2024
Global property catastrophe reinsurance rates are expected to decline by 5 per cent to 15 per cent on January 1 for…
Egyptian billionaire’s investment bank Beltone narrows six-month losses by 69.5%
Beltone Financial Holding, the Egyptian investment bank owned by billionaire Naguib Sawiris, reported on Sunday a…
Egypt’s airports see losses of EGP 696 million due to coronavirus
Egypt’s airports have seen massive losses worth around 696 million Egyptian pounds ($43 million) during the past…
Global airline industry seen losses of $84 billion in 2020 – IATA
The global airline industry is expected to incur losses worth $84 billion in 2020 and then an additional $15…
Egypt’s stock exchange incurs losses in May, EGX 30 tumbles 3.16%
Egypt’s stock exchange (EGX) incurred in May substantial losses with its main index EGX 30 making a monthly fall of…
Oil slips, extending losses into second session as US stocks jump
Oil declined on Thursday, extending losses into a second session, after widely watched data showed a surprising…
Egypt’s railways loses $558mn in FY2018: Finance Ministry
Egyptian National Railways Authority's losses reached 10 billion Egyptian pounds ($558 million) during the…
Oil opens 2019 with losses on surging supply, signs of economic slowdown
Oil dropped by around one percent in 2019′s first trading on Wednesday, pulled down by surging U.S. output and…
State-run Egypt Gas eyes 8% growth in 2019 profits
Egypt Gas Company targets an eight-percent surge in its profits to 26.57 million Egyptian pounds ($1.5 million) at…