Egypt’s EDC posts strong 2025 results, expands overseas footprint
Egypt’s Egyptian Drilling Company reported strong results for the financial year ending 2025, with revenues of…
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net profit
Egypt’s banking sector posts record net profit of EGP 601.6b in 2025 – CBE
Banks operating in Egypt recorded a net profit of 601.612 billion Egyptian pounds in 2025, according to preliminary…
Xiaomi reports strong Q1 net profit
Xiaomi reported revenues of RMB111.3 billion in the first quarter, a 47.4 per cent year-on-year increase.
Egypt’s central bank posts net profit of EGP133.424b in February
The Central Bank of Egypt (CBE) announced on Thursday that its net profit surged to 133.424 billion Egyptian pounds…
Sinopec reports 9.9% profit fall in ’23
China Petroleum & Chemical Corp., Sinopec, announced a 9.9 per cent decrease in net profit for 2023 on Sunday,…
Russia’s Alrosa Diamond annual profit drops by 15.2%
Russian Alrosa Diamond net profit for 2023 reached 85.18 billion roubles ($925 million), a 15.2 per cent decrease…
NBK Egypt posts EGP 4.021b in 2023
The National Bank of Kuwait – Egypt (NBK Egypt) has seen a net profit of 4.021 billion Egyptian pounds during 2023,…
2023 revenue soars 40.0% y-o-y – Markaz
Kuwait Financial Centre, Markaz, announced on Sunday a rise in total revenue to KD 26.32 million in 2023 from KD…
UniCredit targets ’24 success, to mirror ’23 performance
UniCredit bank announced on Monday that it aims to replicate its 2023 performance in 2024, despite economic…
Saudi Investment Bank posts SAR 1.76 bln net profit in ’23
The Saudi Investment Bank (SAIB) reported a net profit of 1.76 billion Saudi riyal (about $469,3 million) in 2023,…
Deutsche Bank to cut 3.5K jobs as profits fall
Deutsche Bank is planning to cut 3,500 jobs after recording a net profit of 1.4 billion euros in the fourth quarter…
S. Arabia’s Almarai posts 16.4% net profit in ’23
Saudi Arabia dairy giant, Almarai, registered a 16.4 per cent increase in net profit to Saudi riyals 2.05 billion…
Egypt’s NBE announces profit of EGP 46.3 bln in H1 of 2023
State-run National Bank of Egypt (NBE) has achieved profit of 46.340 billion Egyptian pounds in the first half (H1)…
Banque Misr: pre-income tax profit hits EGP 59.3 bln in 9 months
Banque Misr announced on Sunday that its pre-income tax profit had hiked to 59.305 billion Egyptian pounds by the…
Egypt’s MFSC profits rise in 9 months
The Egyptian Misr Duty-Free shops report their profit in the last nine months to the Egyptian Exchange.
Egypt’s Delta Sugar firm reports rise in profits by 91%
Egypt’s Delta Sugar company has recorded 1,404,495,987 Egyptian pounds in the first nine months of 2023, recording…
Egypt’s central bank says net profit hit EGP 14.5 billion at August-end
Egypt’s central bank has posted a net profit of 14.538 billion Egyptian pounds ($470.5 million) in August, from…
Arab African International Bank first-half net profit reaches $106.1mln
The African Arab International Bank (AAIB) has achieved a net profit of $106.1 million in the first half of 2023,…
Banque du Caire H1 net profit grows 41%
Egypt’s third largest public state-lender, Banque du Caire (BdC) reported on Wednesday a 41 percent year-on-year…
Egypt’s El Sewedy Electric profits double to EGP 2.9 bln in 3 months
El Sewedy Electric, an Egyptian electrical company, said on Thursday that its profit doubled by 149.5 percent to…
Egypt’s eFinance firm records 56% profit growth in Q2
The Egyptian payments firm eFinance has witnessed a net profit growth by 56.2 percent during the second quarter of…
UAE: e&’s H1 revenues rise 1.1% to Dh26.6 billion
UAE telecoms and technology company, e& has reported on Tuesday its consolidated revenues during the first half…
Egypt’s El Sewedy Electric earnings double by 283% to EGP 3bln in Q1 2023
Egypt’s El Sewedy Electric announced on Tuesday that its profits doubled by more than 283 percent to 3.1 billion…
Netflix secures $1.31bln net profit in Q1 of 2023
Netflix has posted a net profit of $1.31 billion, about $2.88 per share, while forecasts indicated revenue of $2.86…
Abu Dhabi Islamic Bank Egypt 2022 net profit jumps 51%
Abu Dhabi Islamic Bank – Egypt (ADIB-Egypt) reported on Sunday a 51 percent year-on-year growth in net profit to…
Egyptian digital bill payments firm Fawry 2022 profit surges 35%
Egyptian e-payment giant Fawry reported on Tuesday a 35 percent year-on-year growth in net profit in 2022.
Emaar Misr 2022 net profit grows 59.3% y-o-y
Egyptian property developer Emaar Misr reported on Tuesday a 59.3 percent year-on-year growth in profit during…
ABK Egypt bank 2022 net profit hits EGP 1.7 billion
Al Ahli Bank of Kuwait- Egypt (ABK- Egypt) said on Monday its net profit doubled to 1.7 billion Egyptian pounds…
National Bank of Egypt nine-month net profit hits EGP 48.26 billion
The National Bank of Egypt (NBE), the country’s largest public lender, reported on Monday a net profit 22.778…
CIB Egypt aims to increase its capital to EGP 29.9
The Commercial International Bank (CIB-Egypt) announced that it had submitted documents for registering shares to…
Banque Misr: pre-tax profit hits EGP 27.7 billion in 9 months
Egypt’s second largest public bank, Banque Misr said on Monday its profit before income tax recorded 27.781 billion…
Egypt’s Banque du Caire nine-month pre-tax profit grows 11% y-o-y
Egypt’s third largest public state-lender, Banque du Caire (BdC) reported on Monday a 11 percent year-on-year…
Telecom Egypt records 32% revenue increase in Q3
State-run Telecom Egypt (TE) has recorded a 32 percent year-on-year increase in revenue in the third quarter to…
Egypt’s Banque Misr says net profit hit EGP 6.819 billion in Q1
Banque Misr, Egypt’s second biggest state lender, recorded net profit of 6.819 billion Egyptian pounds ($355…
Banque du Caire H1 standalone pretax profit grows 6%
Egypt’s third largest public state-lender, Banque du Caire (BdC) reported on Tuesday a 6 percent year-on-year…
AlexBank says first-half net profit after tax hit EGP 1.234 billion
Egypt’s AlexBank, part of Italy’s Intesa Sanpaolo, announced on Monday that its net profit after tax had reached…
ADIB Egypt bank first-half net profit climbs 49.5%
Abu Dhabi Islamic Bank Egypt (ADIB Egypt) reported on Wednesday a 49.5 percent year-on-year growth in net profit in…
Abu Dhabi Commercial Bank Egypt net profit climbs 42% at June-end
Abu Dhabi Commercial Bank – Egypt (ADCB-Egypt), part of Abu Dhabi Commercial Bank, reported on Sunday a 42 percent…
Egypt’s Misr Insurance Holding eyes 31% growth in FY2022/23 net profit
Egypt’s state-owned Misr Insurance Holding (MIHC) is targeting a net profit of 5.8 billion Egyptian pounds ($306.2…
Egypt’s Abu Qir Fertilizers net profit jumps 157.8% in FY2021/22
Egypt’s state-run Abu Qir Fertilizers and Chemicals Industries reported on Thursday a 157.8 percent year-on-year…