Banks Piraeus Bank Egypt obtains $10 mln net income in 2015 H1 Noha Gad Jul 16, 2015 0 Piraeus Bank Egypt has achieved net income worth EGP80 million (US$10.2 million) within the first half of…
Banks Al Baraka Egypt Income climbs 21% Yomna Yasser May 13, 2015 0 Al Baraka Bank Egypt, a subsidiary banking unit of Al Baraka Banking Group (ABG) and its investment arm in Egypt,…
forex news BP Posts Fall in Profit as Lower Oil Prices Bite Administrator Apr 28, 2015 0 BP PLC on Tuesday reported a fall in first-quarter profit from a year earlier, giving the first glimpse of how low…
Tech news IBM Sales fall for 12th Quarter, Currency Weighs Noha Gad Apr 21, 2015 0 International Business Machines Corp reported a 12 percent fall in first-quarter revenue as the technology company…
Banks ADIB Egypt: Net Positive Income Hit EGP103mn for 1st Time Since 2007 Yomna Yasser Apr 6, 2014 0 Abu Dhabi Islamic Bank (ADIB) – Egypt announced on Sunday its financial results for the year ending 31st December…
Banks Profits Rise 8% at Egypt’s Largest Bank Yomna Yasser Feb 4, 2014 0 Egypt's largest bank saw an eight percent rise in its net income in the fiscal year 2012/13 compared to the year…
Industry & Trade GB Auto Q3 Net Income Hits EGP7.5 mln Yomna Yasser Nov 14, 2013 0 GB Auto (AUTO.CA), a leading automotive assembler and distributor in the Middle East and North Africa, announced…
Banks BNP Third-Quarter Profit Rises on Lower Provisions for Bad Debt Yomna Yasser Oct 31, 2013 0 BNP Paribas SA (BNP), France’s largest bank, unexpectedly posted an increase in third-quarter profit as it set…
Indices news OCI N.V. H1/2013 Net Income Dips to $56.0 mln Yomna Yasser Aug 29, 2013 0 OCI N.V. reported financial results for the first half of 2013 which reflected 75.7% ownership in Orascom…
Banks Suez Canal Bank: EGP5 bln Loan Portfolio In June 2013 Salma Ayman Aug 18, 2013 0 Suez Canal Bank’s loan portfolio and facilities hiked to EGP 5.002 billion by the end of June 2013 compared to EGP…