Uber incurred more than $800 million in third quarter 2016
Privately held ride-hailing company Uber Technologies Inc lost more than $800 million in the third quarter,…
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Khalda Petroleum cuts cost of oil produced from Apache concession to $4.5/barrel
Khalda Petroleum Company has reduced the cost of oil produced from the Apache concession area in the western desert…
Egypt ceramic maker Royal to launch new plant in Obour in Q1 2017
Egyptian ceramic manufacturer Royal Company for Ceramics Industry targets launching its new factory in 1st…
Budget deficit lowered 2.4% in Q1 of Egypt’s FY2016/17
Egypt's budget deficit in the first quarter of 2016/17 narrowed to 2.4 percent from 2.8 percent in the same period…
Microsoft shares higher again as cloud focus pays off
Microsoft Corp said sales of its flagship cloud product doubled through its first quarter, propelling earnings…
Delta Air Lines Q3 profit tops estimates
Delta Air Lines Inc (DAL.N) on Thursday reported a third-quarter profit that topped expectations and said moves to…
IS ‘loses more than a quarter of its territory’ in Syria and Iraq
So-called Islamic State (IS) has lost more than a quarter of the territory it once controlled, new data shows.…
Qalaa’s revenues rose 11pct in Q2 of 2016
The total revenues of Egypt’s Qalaa Holdings, an African leader in energy and infrastructure, witnessed an increase…
German-Egyptian trade volume hits £1.2bn in Q1 2016
The volume of trade exchange between Egypt and Germany fell by 2.7 percent during the first quarter of 2016. The…
Gold production from Sukari Mine rises 41%: Centamin Egypt
Gold mining company Centamin Egypt announced Wednesday preliminary production results for the third quarter of 2016…
