Egyptian Developer Palm Hills says Net Profit soars 332% in Q1
Egypt’s second biggest listed property developer, Palm Hills recorded a 332 percent growth in its first-quarter net…
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net profit
Philips profit down 28%, weighed by restructuring
Philips NV on Tuesday posted a 28% fall in first-quarter net profit, hurt by costs related to the separation of…
Egypt’s Cigarette Maker says 9-month Net Profit up 19%
Egypt's top cigarette maker Eastern Co said Sunday its nine-month net profit rose by 19.4 percent compared with the…
Emaar’s Egypt Arm shareholders approve Abbar as non-executive Chief
Shareholders of Emaar Misr, the UAE real estate developer Emaar Properties’ Egyptian arm, approved Mohammed…
Glaxo Smith Kline: Novartis Deal to boost Market Share in Egypt
Glaxo Smith Kline (BIOC) said on Thursday that it expects the deal of buying the consumer health sector in…
Egypt’s Faisal Islamic Bank profit drops to $87mln in 2014
Faisal Islamic Bank of Egypt (FAIT) reported its consolidated results for the fiscal year 2014. The lender reported…
Arab Banking Corporation eyes EGP250 million Net Profit at 2017-end
Egypt’s Arab Banking Corporation (ABC) is targeting 250 million Egyptian pounds (US$32.7 million) as net profits by…
Talaat Mostafa posts 2014 Profit, Revenues rise
Egyptian property developer Talaat Mostafa posted a 2014 net profit of 681.8 million Egyptian pounds ($89.42…
Telecom Egypt 2014 Net Profit Declines to EGP2.031bn on One-Offs
Telecom Egypt (ETAL-CA) (TE) announced on Tuesday its consolidated financial results for the full year,…
Standard Chartered cuts Key Target as Profit falls
Standard Chartered PLC on Wednesday lowered a key financial target and said it would take fresh action to conserve…