Financial Institutions Global largest payments network operator Visa posts 11% up in Q4 profit Yomna Yasser Oct 25, 2017 0 Visa Inc, the world’s largest payments network operator, reported Wednesday an 11 percent increase in its…
forex news US crude rises 12% in third quarter, settling at $51.67, as demand forecasts improve Yomna Yasser Sep 30, 2017 0 Oil prices traded roughly flat on Friday on weekend profit taking following a rally in prices around geopolitical…
World Savola and Almarai drag down Saudi index, Dana Gas up Yomna Yasser Sep 13, 2017 0 Shares of Saudi Arabia’s top food producers, Savola and Almarai, fell on Wednesday after Savola said it was…
Banks Higher credit impairments erode Emirates NBD’s Egypt H1 profit Yomna Yasser Aug 24, 2017 0 Emirates NBD, Dubai's largest lender, reported Thursday a 10.5 percent fall in first-half profits in Egypt. The…
Industry & Trade Cairo-based pharmaceutical firms narrow H1 exports by 18.4% Yomna Yasser Aug 24, 2017 0 Egyptian pharmaceutical companies' exports dropped by 18.4 percent to $102 million during the first half of 2017…
Tech news Japan’s SoftBank: Q1 profit climbs 50.1% after inclusion of Vision Fund Yomna Yasser Aug 7, 2017 0 Japan's SoftBank Group Corp reported Monday a 50.1 percent surge in first-quarter operating profit, after the…
Banks SocGen posts 28% profit fall but sees growth in Africa, Russia Yomna Yasser Aug 2, 2017 0 Continued pain at Societe Generale's domestic retail division and a fall in the profitability of its global banking…
Industry & Trade Aramex profit drops on Egypt wobble and currency moves Yomna Yasser Aug 1, 2017 0 Dubai-listed courier company Aramex, said second-quarter profit dropped 23 percent to 97 million dirhams ($26.4…
Banks Crédit Agricole H1 profit rises 49% in Egypt Yomna Yasser Jul 30, 2017 0 Crédit Agricole SA posted a 49 percent year-on-year rise in first half profits in Egypt backed by an increase in…
Banks National Bank of Kuwait H1 profits rise 78.4% in Egypt Yomna Yasser Jul 23, 2017 0 The National Bank of Kuwait (NBK), the Gulf state’s largest commercial lender, reported Sunday a 78.4 percent rise…