Tech news IBM revenue falls more than expected, cuts profit forecast Noha Gad Oct 20, 2015 0 International Business Machines Corp (IBM.N) posted a bigger-than-expected drop in revenue and cut its full-year…
Industry & Trade GE beats profit expectations as aviation counters weak oil segment Noha Gad Oct 17, 2015 0 General Electric Co (GE.N) reported a better-than-expected quarterly profit on Friday, helped by cost cuts and…
Banks Faisal Islamic Bank of Egypt: 9-month net profit 25.3% up aya salah Oct 11, 2015 0 Faisal Islamic Bank of Egypt has recorded a nine-month growth of 25.3 percent in net profit, the bank announced…
Banks Arab Investment Bank profits hit US$16.5mn end June 2015 Noha Gad Sep 7, 2015 0 Arab Investment Bank (AIB) has attained profits worth 130 million Egyptian pounds (US$ 16.5million) within the…
Financial Institutions Misr Insurance Holding: Affiliates’ net profits hit 1.4bn Egyptian pounds in year aya salah Aug 25, 2015 0 Egypt's state-owned Misr Insurance Holding Company (MIHC) announced Tuesday that affiliates have posted a net…
Real Estate Egyptian property developer SODIC H1 profit rises to $19.45 mln aya salah Aug 19, 2015 0 Egypt's third-largest listed property developer SODIC reported first-half net profit of 152.29 million Egyptian…
Real Estate Egypt’s Orascom Construction Industries says back in profit in 2014 aya salah Aug 16, 2015 0 Egypt's Orascom Construction Industries said it made a net profit in 2014 of 4.6 billion Egyptian pounds…
Real Estate Madinet Nasr Q2 net profit up at 62.415 mln Egyptian pounds aya salah Aug 16, 2015 0 Egyptian property developer Madinet Nasr reported second-quarter net profit of 62.415 million Egyptian pounds…
Industry & Trade Egypt’s Edita Q2 net profit steady at 66.96 mln Egyptian pounds aya salah Aug 13, 2015 0 Aug 13 Egypt's Edita Food Industries reported a second-quarter net profit of 66.96 million Egyptian pounds ($8.56…
Real Estate Amer Group H1 net profit slides 61% aya salah Aug 13, 2015 0 Egyptian property developer, Amer Group (AMER.CA) announced Wednesday its first half consolidated profit fell 61…