Ezz Steel widens net loss to $36.32mn in Q2
Ezz Steel (ESRS.CA), Egypt’s biggest steelmaker, posted second quarter net loss of 291.63 million Egyptian pounds…
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Ezz Steel widens net loss to $36.32mn in Q2
Ezz Steel (ESRS.CA), Egypt’s biggest steelmaker, posted second quarter net loss of 291.63 million Egyptian pounds…
PlayStation 4 sales help Sony swing to Q2 operating profit
Sony Corp swung to a second-quarter operating profit as strong PlayStation 4 videogame sales helped to offset a…
Centamin Q2 Gold Production Rises Sequentially
Gold miner Centamin Plc reported a 9 % sequential increase in second-quarter production as it resolved the…
Dubai Arabtec Blames Q2 Loss On Project Delays
Project delays were to blame for Arabtec's second-quarter loss, the Dubai builder's chief financial officer said on…
Egypt Balance Of Payments Gap Narrows Sharply In Q2
Egypt's balance of payments deficit narrowed dramatically in the second quarter as foreigners sold Egyptian…
Hermes Recommends “Buy” On Elsewedy
EFG-Hermes issued a report on Elsewedy Electric, defining the stock’s fair value at EGP 30, compared to its market…
Egypt’s Sewedy Q2 Profit Slides 82 Pct
Egypt's El Sewedy Electric (SWDY.CA) , the Arab world's biggest listed cable maker, reported an 82-percent drop in…
GCC Bank Provisions Surge In Q2
Provisions by most banks in Gulf oil producers surged in the second quarter of 2012 after a decline in the previous…
Vienna Insurance Keeps Outlook After Q2 Pretax Beat
Strong business in emerging European markets helped second-quarter pretax profit at Vienna Insurance Group rise 7.8…
Acer No 1 In Q2 Notebook Shipments
Acer, has claimed the number one position in notebook shipments worldwide for the second quarter, according to data…
Vimpelcom Q2 Net Profit Beats Forecasts
Emerging markets telecoms operator Vimpelcom posted a 83 percent increase in second-quarter net profit on…
Egypt’s CIB Says Q2 Net Income Grows 18 Pct
Egypt's Commercial International Bank (CIB) (COMI.CA) reported an 18 percent increase in second-quarter net income…
Orascom Telecom Swings To Quarterly Profit
Egypt-based Orascom Telecom Holding (OTH) (ORTE) reported second-quarter net profit of $27 million on Tuesday,…
Vodafone Egypt Adds 419,000 Subscribers In Q2
Vodafone Egypt added 419,000 new subscribers in its fiscal first quarter to June, taking its total base to 37.621…
Commercial Bank Of Kuwait Q2 Net Profit Drops 5.4 Pct
Commercial Bank of Kuwait , the state's seventh largest listed bank by market value, reported a 5.4 percent decline…
Dubai Islamic Bank Q2 Profit Down 6 Pct, Tops Estimates
Dubai Islamic Bank (DIB), the largest sharia-compliant lender in the emirate, reported a 6-percent decline in…
Credit Agricole Posts “Strong” Results In Q2
Pharos commented on the news that Credit Agricole Egypt reported an unaudited net profit of EGP 137.2 million…
Etisalat Q2 Profit Up 17 Pct; To Focus On High Growth Mkts
Etisalat, the Gulf's No.2 telecoms operator, posted a 17-percent rise in quarterly profits on Wednesday, topping…
BAJ Q2 Net Income Rises To SR 129 M
Bank AlJazira (BAJ) has announced the annual consolidated financial results for the year ended June 30, 2012. Net…
Sabb/Hsbc Emerging Markets Index Q2 2012
SABB/HSBC Emerging Markets Index eases to 53.0 in Q2 2012 on manufacturing weakness Two-speed growth picture…
BSF Posts SR 1.55 Bn Net Income
Banque Saudi Fransi's (BSF's) net income during the first semester of 2012 amounted to SR 1.55 billion, an increase…
Etisalat UAE Plans to Offer Internet Phone Calls
Etisalat will offer internet-based phone calls officially by the end of the second quarter as it tries to fight off…