Industry & Trade Egypt’s Cigarette Maker says 9-month Net Profit up 19% Yomna Yasser Apr 26, 2015 0 Egypt's top cigarette maker Eastern Co said Sunday its nine-month net profit rose by 19.4 percent compared with the…
Real Estate Emaar’s Egypt Arm shareholders approve Abbar as non-executive Chief Yomna Yasser Apr 21, 2015 0 Shareholders of Emaar Misr, the UAE real estate developer Emaar Properties’ Egyptian arm, approved Mohammed…
Industry & Trade Glaxo Smith Kline: Novartis Deal to boost Market Share in Egypt Noha Gad Apr 16, 2015 0 Glaxo Smith Kline (BIOC) said on Thursday that it expects the deal of buying the consumer health sector in…
Banks Egypt’s Faisal Islamic Bank profit drops to $87mln in 2014 Noha Gad Apr 6, 2015 0 Faisal Islamic Bank of Egypt (FAIT) reported its consolidated results for the fiscal year 2014. The lender reported…
Banks Arab Banking Corporation eyes EGP250 million Net Profit at 2017-end Yomna Yasser Apr 5, 2015 0 Egypt’s Arab Banking Corporation (ABC) is targeting 250 million Egyptian pounds (US$32.7 million) as net profits by…
Real Estate Talaat Mostafa posts 2014 Profit, Revenues rise Yomna Yasser Mar 10, 2015 0 Egyptian property developer Talaat Mostafa posted a 2014 net profit of 681.8 million Egyptian pounds ($89.42…
Tech news Telecom Egypt 2014 Net Profit Declines to EGP2.031bn on One-Offs Amwal Al Ghad English Mar 10, 2015 0 Telecom Egypt (ETAL-CA) (TE) announced on Tuesday its consolidated financial results for the full year,…
Banks Standard Chartered cuts Key Target as Profit falls Noha Gad Mar 4, 2015 0 Standard Chartered PLC on Wednesday lowered a key financial target and said it would take fresh action to conserve…
Industry & Trade GDF Suez returns to Profit; warns on Oil-price hit Yomna Yasser Feb 26, 2015 0 GDF Suez SA (GSZ.FR) Thursday reported a return to profit in 2014 but warned that low oil and gas prices will weigh…
Banks Investment Bank Prime Holding: Profit skyrockets by 512% in FY2014 Yomna Yasser Feb 23, 2015 0 Egypt-based investment bank Prime Holding announced Monday a 512 percent growth in net profit for the fiscal year…