Industry & Trade Egypt’s MM Group expects 80% rise in net profit this year Yomna Yasser Apr 4, 2017 0 Shares in Egypt's MM Group will start trading next Tuesday following this week's placement, in which the company…
Banks Housing and Development Bank posts 644 mln pounds net profit by end-2016 nada nasser Mar 12, 2017 0 Egypt's state-run Housing and Development Bank (HDB) said Thursday net profit rose to 644.161 million Egyptian…
Banks National Bank of Kuwait Q4 net profit rises 45.7% in Egypt Yomna Yasser Feb 27, 2017 0 National Bank of Kuwait (NBK), the Gulf Arab state’s largest commercial lender, posted a 45.7 percent rise in…
Banks Egypt’s NBE bank FY2015/16 pre-tax profits surge 88% Yomna Yasser Feb 26, 2017 0 Egypt’s biggest lender, the state-owned National Bank of Egypt (NBE) reported Sunday an 88 percent rise in annual…
Tech news Lenovo Group net profit drops 67% Yomna Yasser Feb 16, 2017 0 Lenovo Group Ltd. (0992.HK) announced Thursday that its fiscal third-quarter net profit dropped 67% as revenue…
Banks Banque Misr net profit hits new record in FY2015-16: sources Yomna Yasser Feb 13, 2017 0 Egypt’s second biggest bank, state-owned Banque Misr has reported record net profits during the financial year…
Financial Institutions Egypt’s Misr Insurance net profit climbs 21.91% in Q1-FY2016/17 Yomna Yasser Feb 11, 2017 0 Egypt's state-owned Misr Insurance Company announced Saturday that net profit rose 21.91 percent to 302.3 million…
Financial Institutions Munich Re posts 2016 net income of €2.6 billion, raises dividend Yomna Yasser Feb 7, 2017 0 German reinsurer Munich Re has increased its dividend for 2016 by more than 4 percent to €8.61 per share, above…
Banks Faisal Islamic Bank revenues climb by 1.5 bln Egyptian pounds on currency float Yomna Yasser Feb 5, 2017 0 Egypt’s Faisal Islamic Bank reported a rise in 2016 revenues by 1.557 billion Egyptian pounds ($83.1 million),…
Tech news Nokia net profit drops, yet beats expectations Yomna Yasser Feb 2, 2017 0 Nokia Corp. reported Thursday fourth-quarter net profit that beat market expectations, despite a slowing…