Deutsche bank faces profit risk amid Postbank lawsuit
Deutsche Bank is expected to report a loss for the second quarter, breaking a 15-quarter streak of profitability,…
Browsing Tag
Profits
UK’s Rolls-Royce expects profits to rise by 25% in ’24
Rolls-Royce, a British company, has announced that its profits could increase by up to 25 per cent this year,…
Bold strategies may help global banks double their value in 5 yrs – BCG
Global banks could potentially double their current valuations, creating at least $7 trillion in value over the…
Egypt’s NBE announces profit of EGP 46.3 bln in H1 of 2023
State-run National Bank of Egypt (NBE) has achieved profit of 46.340 billion Egyptian pounds in the first half (H1)…
Qatar Investors Group’s earnings rise 25% in Q2 of 2023
Qatar Investors Group (QIG) reported on Wednesday its net profits that increased by 25.3 percent year-on-year in…
Egypt’s Saib bank earns EGP 603.1mln profits during H1 of 2023
Egypt's Saib bank achieved a net profit after tax of 374.934 million Egyptian pounds by the end of June 2023,…
CIB Egypt bank earns EGP 8bln in Q2
The Commercial International Bank (CIB-Egypt) disclosed on Saturday its profits to reach 7.98 billion Egyptian…
Talaat Moustafa Group profits jump by 32% in Q1
The net profits of Talaat Moustafa Group (TMG) increased by 32 percent in the first quarter of 2023, reaching 747.5…
Emaar Misr Q1 profits jump 113.7%
Emaar Misr, the Egyptian unit of UAE property conglomerate Emaar Properties, reported on Sunday a 113.73 percent…
Egypt’s Cooperative Insurance eyes 150 mln pounds profits in FY2020
Egypt’s Cooperative Insurance Society (CIS) targets profits up to 150 million Egyptian pounds ($9.5 million) within…
Egypt’s Orascom Development sees increase in hotel occupancy rates in Q4
Egypt’s Orascom Development Holding expected that its hotel occupancy rates would increase within the third and…
Egypt’s property developer SODIC profits drop 80% in H1
Egypt’s Six of October Development and Investment (SODIC) posted an 80 percent decline in its profits during the…
Egyptian banks’ profits decline 6.1% in Q3 of FY2020 – CBE
Egyptian banks' profits dropped 6.1 percent to 36.9 billion Egyptian pounds ($2.3 billion) during the third quarter…
Egypt’s Delta Life Assurance paid compensations hit EGP 123 million in 9 months –…
Egypt's Delta Life Assurance paid compensation worth 123.3 million Egyptian pounds ($7.6 million) to its clients…
Egypt’s dairy maker Domty profits surge to EGP 32.1 mln in Q1
Egyptian Arabian Food Industries Company’s (Domty) profits rose to 32.1 million Egyptian pounds ($2 million) during…
Abu Dhabi’s property developer Aldar profits fall 39% in Q1
Abu Dhabi's real estate developer Aldar Properties reported on Thursday a 39 percent decline in its first-quarter…
Japan’s Sharp posts 37% decline in annual profits
Japan’s Sharp Corp, an Apple Inc supplier, reported a 37 percent decline in annual operating profits and refrained…
Egypt’s Commercial International Bank net profit falls 9% in Q1
Egypt’s Commercial International Bank (CIB), the largest private bank in the country, reported an annual decline of…
Egypt’s food company Juhayna profits 60% up in Q1-2020
Egyptian Juhayna Food Industries' profits rose 60 percent year-on-year during the first quarter of 2020, its…
Egypt’s Orascom Development posts 38.8% surge in FY2019 revenues
Egyptian Orascom Development's revenues grew 38.8 percent year-on-year to 4.7 billion Egyptian pounds ($298.2…
NBE posts net profits of EGP 20.2bn in 2019
National Bank of Egypt (NBE) has posted net profits after tax of 20.2 billion Egyptian…
Allianz Life Assurance – Egypt profits at $12.8 mln in FY 2018/19
Allianz Life Assurance Company – Egypt posted profits up to 201 million Egyptian pounds ($12.8 million) during the…
Compensation paid by Egyptian Takaful Insurance 118% up in 3 months
Compensation paid to clients by Egyptian Takaful Insurance (Property) jumped 118 percent during the first three…
Egypt’s Holding Company for Construction eyes doubling profits in 3 years
Egypt’s state-run Holding Company for Construction and Development (HCCD) is looking to double its profits within…
Banque du Caire reports 66% increase in net profit in 9 months
Banque du Caire reported a 66 percent year-on-year net profit increase during the first nine months of 2019…
Egypt’s Orascom reports 25.2% growth in nine-month underway projects
Egypt’s Orascom Construction announced on Thursday a 25.2 percent growth in its underway projects to record $5.2…
Egypt’s IDB bank 10-month profits grow to almost half billion pounds
Egypt’s state-run Industrial Development Bank (IDB) has made a higher profit in October up to 435 million Egyptian…
National Bank of Egypt posts highest-ever full-year profits
The National Bank of Egypt, the country’s largest state-run bank, posted its highest ever full-year profit, banking…
Egypt’s cable maker El Sewedy Electric H1 profits fall 19%
Egypt's cable maker El Sewedy Electric recorded a 19 percent fall in first half profits, recording 1.95 billion…
UAE’s real estate companies profits fall 25% in Q2
The profits of the UAE-listed real estate companies fell 25 percent year-on-year during the second quarter of the…
Egypt’s dairy maker Domty first-half profits fall 32%
Egyptian dairy maker Arabian Food Industries Company ( Domty) reported on Wednesday a 32 percent year-on-year drop…
Egypt’s property developer SODIC profits fall 10% in H1
Egyptian real estate developer SODIC reported on Thursday a 10 percent year-on-year decline in profits to 337.9…
Abu Dhabi’s Aldar Properties Q2 profits rise 7%
Aldar Properties, the largest property developer in Abu Dhabi, reported a seven percent growth in net profit to 476…
Egypt’s Gharbia Islamic Housing H1 profits rise to $118,964
Egypt's Gharbia Islamic Housing Development reported on Wednesday a growth in its profits to reach 1.97 million…
Suncorp ditches marketplace strategy as insurance profit falls 14%
Suncorp said at its financial year 2019 earnings briefing that the company will move away from having its digital…
Egyptian Takaful Insurance eyes $9.6 mln activity surplus end-June 2020
Egyptian Takaful Insurance Company (Property) plans to generate surplus from insurance activity worth 165 million…
Q1 profits of 12 Egyptian banks listed in EGX rise 24.3%
Profitx of 12 banks listed on the Egyptian Exchange (EGX) grew 24.3 percent year-on-year during the first quarter…
Egypt’s property developer Palm Hills first-quarter profits hit $8mn
Egyptian property developer Palm Hills Developments' profits dropped to 141.16 million Egyptian pounds ($8 million)…
Egyptian Takaful Insurance posts 19% surge in nine-month profits
Egyptian Takaful Insurance Company (Property) posted a 19 percent year-on-year surge in its profits to record 99…
Dubai-based DAMAC Properties’ Q1 profits fall 94%
Dubai's DAMAC Properties , the owner and operator of the only Trump-branded golf club in the Middle East, posted a…