Tech news Egypt’s Global Telecom posts $87.5 mln Q1 net profit aya salah May 12, 2016 0 Egypt's Global Telecom swung to a first-quarter net profit of $87.5 million from a loss of $82.3 million a year…
Tech news Telecom Egypt’s Q1 profits double to $135 million Ghada Ismail May 9, 2016 0 State-run landline monopoly Telecom Egypt's first-quarter net profit rose almost 116 percent due to growth in its…
Real Estate Emaar Misr assets jump to $2bn in Q1/2016 aya salah May 5, 2016 0 Emaar Misr for Development (EMFD), the Egyptian unit of UAE property conglomerate, said first quarter assets…
Industry & Trade Dana Gas profit drops 50% as output in Egypt to Iraq declines Yomna Yasser May 5, 2016 0 Dana Gas PJSC, which produces natural gas in Egypt and Iraq, reported a 50 percent fall in first-quarter profit as…
Banks Credit Agricole Egypt Q1 profit jumps to $35.5mn aya salah May 4, 2016 0 The French lender, Crédit Agricole reported Wednesday higher first quarter net profit in Egypt to register 315.9…
Financial Institutions AIG profit misses again as weak hedge fund returns weigh Noha Gad May 3, 2016 0 American International Group Inc (AIG.N), under fire from investors to improve its performance, reported a…
Tech news Amazon’s profit and revenue surge eliminates doubts Ghada Ismail Apr 30, 2016 0 Amazon.com Inc's shares jumped in early trading on Friday, a day after the company reported profit and revenue that…
Banks Deutsche Bank net income down 58% as investment bank slumps Noha Gad Apr 28, 2016 0 Deutsche Bank (DBKGn.DE) posted a surprise net profit in the first quarter, helped by lower litigation costs,…
Tech news AT&T loses TV subscribers; profit beats expectations Ghada Ismail Apr 27, 2016 0 AT&T Inc said on Tuesday the No. 2 U.S. wireless carrier lost television subscribers and signed up…
Banks Citigroup’s Q1 results suggest tough year ahead Noha Gad Apr 16, 2016 0 Citigroup Inc (C.N) reported a sharp decline in quarterly profit on Friday, hit by weak revenue, costs related to…