Orange nurses Egypt losses in H1 as sales surge
French telecoms company Orange’s losses in Egypt declined to 252.5 million Egyptian pounds ($14.1 million) during…
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Profits
Egyptian Industrial Development Bank’s H1 profits rise 11.33%
Industrial Development and Workers Bank of Egypt on Wednesday posted an 11.33 percent increase in its first half…
Egypt’s Talaat Moustafa denies getting 1.5 bln pounds from banks
Egypt’s largest listed real estate developer firm, Talaat Moustafa Group Holding (TMG) denied Wednesday that it is…
Egypt Madinet Nasr Housing unveils signing CIB’s loan deal
Egypt’s Madinet Nasr for Housing and Development says that it has signed a loan agreement of one billion Egyptian…
Egyptian bourse approves listing EG Bank as main trader
The membership committee at the Egyptian Exchange (EGX) has approved listing the Egyptian Gulf Bank (EGB) as a main…
Egypt’s Arab Contractors to sell 4% share to two banks
Egypt's state-owned construction firm Arab Contractors (AC) will sell four percent stake of its shareholding in El…
Kuwait Real Estate profits surge 33% in Q1
Kuwait Real Estate Company announced a 33.1 percent increase in first-quarter profits compared to the same period…
Property developer SODIC’s Q1 profits rise to 212mn Egyptian pounds
Egypt's Sixth of October for Development and Investment (SODIC) said Wednesday it has achieved profits worth 212.11…
Egypt’s property developer Palm Hills Q1 profits rise 6%
Palm Hills, Egypt's second largest listed real estate developer firm, posted Tuesday a six percent increase in its…
Vodafone CEO Vittorio Colao to retire this year
Vodafone Group said Tuesday that incumbent CEO Vittorio Colao will retire from his position within 2018.