EALB posts personal loans of EGP720mln in 2019
State-run Egyptian Arab Land Bank (EALB) announced that its personal loans portfolio has increased to 720 million…
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profit
Samsung says Japanese curbs on export cloud outlook as profit halves
Samsung Electronics on Wednesday warned that Japanese curbs on the export of chip-making materials was blurring its…
Credit Suisse Q2 net profit jumps 45% on cost discipline
Credit Suisse reported on Wednesday its highest quarterly earnings in four years, hailing frugal cost management as…
General Electric beats low earnings expectations in Q2 as cash flow stablises
General Electric reported second-quarter earnings on Wednesday that were slightly better than expected by Wall…
BP Q2 profit surpasses expectations, lifted by higher oil output
A strong increase in oil and gas production helped BP offset weaker crude prices and refining profit to beat…
Nissan to cut 9% of workforce as Q1 profit nearly wiped out
Japanese car maker Nissan Motor Co said it is cutting 12,500 jobs and warned a quick turnaround in its performance…
Egypt’s Egytrans posts Q1 record revenue, profit growth
Egyptian Transport and Commercial Services Co - Egytrans announced on Wednesday its consolidated results for the…
Banque du Caire profit after tax jumps 200% in 2018
Egyptian state-run lender Banque du Caire said on Thursday its after-tax profit in 2018 rose 200 percent to around…
Saudi stock market rises over 3% on strong results, outperforms Gulf
Saudi Arabia’s stock market rose sharply in early trade on Thursday, outperforming other major Gulf markets as it…
Property developer SODIC’s 2018 expected contracts to rise 14%
Egypt’s property developer firm, SODIC said on Wednesday it has changed its expectations for clients’ contracts to…