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…
Stocks Telecom Egypt revenues grow by 48% Aya Anwar Nov 14, 2023 0 Telecom Egypt reported on Tuesday a 48 percent year-on-year (YoY) growth in net profit after taxes, supported by…
Money Crédit Agricole Egypt says profit falls 41.9% in 2020 Amwal Al Ghad English Feb 10, 2021 0 Crédit Agricole Egypt, part of France’s second-largest bank Crédit Agricole, reported on Wednesday a 41.9 percent…
Tech/AI Japan’s Sony posts 57% decline in fourth-quarter profit Amwal Al Ghad English May 13, 2020 0 Japan’s Sony Corp on Wednesday reported a 57 percent drop in fourth-quarter operating profit and refrained from…
Featured Emirates NBD Egypt reports 44% increase in profit during 2019 Amwal Al Ghad English Mar 15, 2020 0 Egypt reported a 44.23 percent year-on-year hike in its net profits in 2019, the bank’s consolidated financial…
Money Credit Agricole Egypt 2019 profit jumps 7.2% Amwal Al Ghad English Feb 12, 2020 0 Credit Agricole, France's second-largest bank by market capitalisation, reported on Wednesday a 7.2 percent rise…
Featured EALB posts personal loans of EGP720mln in 2019 mohamed Hamdy Oct 21, 2019 0 State-run Egyptian Arab Land Bank (EALB) announced that its personal loans portfolio has increased to 720 million…
Tech news Samsung says Japanese curbs on export cloud outlook as profit halves Amwal Al Ghad English Jul 31, 2019 0 Samsung Electronics on Wednesday warned that Japanese curbs on the export of chip-making materials was blurring its…
Money Credit Suisse Q2 net profit jumps 45% on cost discipline Amwal Al Ghad English Jul 31, 2019 0 Credit Suisse reported on Wednesday its highest quarterly earnings in four years, hailing frugal cost management as…
Tech/AI General Electric beats low earnings expectations in Q2 as cash flow stablises Amwal Al Ghad English Jul 31, 2019 0 General Electric reported second-quarter earnings on Wednesday that were slightly better than expected by Wall…