Tech news Global Telecom turns to profitability in 2015 aya salah Mar 14, 2016 0 Global Telecom Holding (GTHE) posted consolidated net profit of $ 9.8 million against incurring net loss of $444.3…
Real Estate Madinet Nasr’s net profit surges 15 % in 2015 aya salah Mar 10, 2016 0 Egyptian real estate firm Madinet Nasr for Housing and Development (MNHD)’s net profit rose by 15.14 percent during…
Egypt News Egypt Aviation Company net profit rose by 55.3% in 2015 aya salah Feb 27, 2016 0 State-owned Egyptian Holding Company for Airports and Air Navigation EHCAAN and its subsidiaries have achieved net…
Banks Bahrain’s Al Baraka Banking Group Q4 net attributable profit up 15% aya salah Feb 22, 2016 0 Al Baraka Banking Group , the Bahrain-based Islamic lender with operations in more than a dozen countries,…
Industry & Trade Abu Qir Fertilizers six-month net profit reaches $65mn Noha Gad Feb 7, 2016 0 Egypt's Abu Qir Fertilizers has attained net profit of 506.6 million Egyptian pounds (US$64.6 million) during the…
Real Estate Egyptian property giant Palm Hills posts 2015 Q4 profit of $26 million Yomna Yasser Feb 7, 2016 0 Egypt's second-largest listed property developer, Palm Hills has recorded a rise in fourth-quarter net profits to…
Industry & Trade GM posts record profit in 2015 triggered by North American sales Yomna Yasser Feb 3, 2016 0 General Motors Co rode sales of SUVs and pickup trucks in North America to a record profit in 2015, and reaffirmed…
Tech news Alphabet profit sends shares up; overtakes Apple in value Noha Gad Feb 2, 2016 0 Alphabet Inc easily beat Wall Street's quarterly profit forecasts on Monday, helped by strong mobile advertising…
Banks Al Baraka Egypt profit climbs 18% in 2015 Yomna Yasser Feb 1, 2016 0 Al Baraka Bank Egypt, a subsidiary of Bahrain’s Al Baraka Group (ABG), has reported an 18 percent rise in net…
Industry & Trade Siemens says profit rises 42%; raises 2016 guidance Yomna Yasser Jan 26, 2016 0 German industrial giant Siemens AG posted a 42 percent jump in net profit for the first quarter of fiscal year 2016…