Energy Sinopec reports 9.9% profit fall in ’23 Aya El Sayed Mar 24, 2024 0 China Petroleum & Chemical Corp., Sinopec, announced a 9.9 per cent decrease in net profit for 2023 on Sunday,…
Tech/AI Russia’s Alrosa Diamond annual profit drops by 15.2% Aya Anwar Feb 28, 2024 0 Russian Alrosa Diamond net profit for 2023 reached 85.18 billion roubles ($925 million), a 15.2 per cent decrease…
Banks NBK Egypt posts EGP 4.021b in 2023 Nada Ali Feb 27, 2024 0 The National Bank of Kuwait – Egypt (NBK Egypt) has seen a net profit of 4.021 billion Egyptian pounds during 2023,…
Financial Institutions 2023 revenue soars 40.0% y-o-y – Markaz Aya El Sayed Feb 18, 2024 0 Kuwait Financial Centre, Markaz, announced on Sunday a rise in total revenue to KD 26.32 million in 2023 from KD…
Banks UniCredit targets ’24 success, to mirror ’23 performance Aya El Sayed Feb 5, 2024 0 UniCredit bank announced on Monday that it aims to replicate its 2023 performance in 2024, despite economic…
Banks Saudi Investment Bank posts SAR 1.76 bln net profit in ’23 Nada Ali Feb 4, 2024 0 The Saudi Investment Bank (SAIB) reported a net profit of 1.76 billion Saudi riyal (about $469,3 million) in 2023,…
Banks Deutsche Bank to cut 3.5K jobs as profits fall Nada Ali Feb 1, 2024 0 Deutsche Bank is planning to cut 3,500 jobs after recording a net profit of 1.4 billion euros in the fourth quarter…
Featured S. Arabia’s Almarai posts 16.4% net profit in ’23 Nada Ali Jan 21, 2024 0 Saudi Arabia dairy giant, Almarai, registered a 16.4 per cent increase in net profit to Saudi riyals 2.05 billion…
Banks Egypt’s NBE announces profit of EGP 46.3 bln in H1 of 2023 Nada Ali Jan 3, 2024 0 State-run National Bank of Egypt (NBE) has achieved profit of 46.340 billion Egyptian pounds in the first half (H1)…
Banks Banque Misr: pre-income tax profit hits EGP 59.3 bln in 9 months Nada Ali Dec 31, 2023 0 Banque Misr announced on Sunday that its pre-income tax profit had hiked to 59.305 billion Egyptian pounds by the…