USA Investors look for trough in profit downturn Noha Gad Apr 16, 2016 0 As earnings season shifts into high gear next week in what is expected to be the weakest U.S. quarterly results…
Real Estate Egypt’s Orascom Development turns into losses of $23mn in FY 2015 aya salah Apr 14, 2016 0 Egypt- based Orascom Development Holding (ODH) has turned into loss during fiscal year 2015 to incur net losses of…
Real Estate Egypt’s Orascom Development turns into losses of $23mn in FY 2015 aya salah Apr 14, 2016 0 Egypt- based Orascom Development Holding (ODH) has turned into loss during fiscal year 2015 to incur net losses of…
Tech news Samsung expects 10% jump in first quarter operating profit Ghada Ismail Apr 7, 2016 0 South Korea's Samsung Electronics is forecasting a 10% jump in operating profit for the first quarter. The world's…
Tech news Huawei earns up more than 30% in 2015 Ghada Ismail Apr 2, 2016 0 China's tech giant Huawei said profits for the full year to December rose by 33% from a year earlier, boosted by…
Tech news Vodafone Egypt owes Telecom Egypt $506.8 mln in deferred profits aya salah Mar 30, 2016 0 Vodafone Egypt owes Telecom Egypt, the state-owned landline monopoly which owns 48 percent of Vodafone Egypt, 4.5…
Industry & Trade Egypt’s Edita posts profits of $39.3mn in 2015 aya salah Mar 30, 2016 0 Egyptian food maker, Edita has posted net profit of 349.1 million Egyptian pounds (US$39.3million) with an increase…
Tech news Toshiba to book $800mn in April-June on sale of white goods business Ghada Ismail Mar 30, 2016 0 Toshiba Corp said on Wednesday it would book a pretax profit of 90 billion yen ($801.7 million) for its first…
Real Estate Egypt’s SODIC reports 2015 net profit of $35.9 mln aya salah Mar 16, 2016 0 Egyptian real estate developer six of October Development & Investment (SODIC) posted consolidated net profit…
Banks Egypt’s state bank giant NBE profit up 36% in FY14/15 Yomna Yasser Mar 15, 2016 0 National Bank of Egypt (NBE), the country’s largest state bank, reported a 36 percent rise in profit in the…