Industry & Trade Sony’s quarterly profit drops as quake impact lingers Ghada Ismail Nov 1, 2016 0 Japan's Sony Corp on Tuesday reported a 48 percent drop in operating profit for the July-September quarter as…
Tech news Tesla sees surge in car deliveries Ghada Ismail Oct 3, 2016 0 US electric carmaker Tesla, which has yet to make a profit, has reported a sharp rise in car deliveries for the…
Industry & Trade General Company for Silos: Q4-FY2015/16 profit hits $5.1 million Ghada Ismail Sep 24, 2016 0 Egypt’s General Company for Silos and Storage (GSSC.CA) reported higher profits for the fourth quarter of financial…
Industry & Trade Egypt garment maker Arafa Holding Q2 profits fall 21.8% Noha Gad Sep 19, 2016 0 Egyptian garment maker and exporter Al Arafa for Investments and Consultancies (AIVC.CA)reported a 21.8 percent…
Industry & Trade Middle East Glass Q1 losses 547% higher Ghada Ismail Sep 7, 2016 0 Egypt’s Middle East Glass Manufacturing (MEGM.CA) reported on Wednesday that its first quarter losses mounted by…
Industry & Trade Egyptian drugmaker Nile Pharma posts $428k net profit in 2 months Ghada Ismail Sep 5, 2016 0 Egyptian drugmaker Nile Company for Pharmaceuticals and Chemical Industries (Nile Pharma) (NIPH.CA) reported a net…
Tech news HP Inc trounces estimates, weak printer demand weighs on forecast Ghada Ismail Aug 25, 2016 0 HP Inc, the hardware business of the former Hewlett-Packard Co, reported higher-than-expected quarterly revenue and…
Industry & Trade Egypt’s South Valley Cement Q1 2016 net profits up 33% Noha Gad Aug 23, 2016 0 Egypt-based South Valley Cement (SVCE.CA) reported an increase of 33 percent in net profits for the first quarter…
Tech news Lenovo posts higher than expected profits for Q1-2016 Ghada Ismail Aug 22, 2016 0 China's largest personal computer maker Lenovo Group reported recently that net profit for the April-June period…
Industry & Trade Egypt’s El Barbary Investment Group profits up 32% in Q2 2016 Ghada Ismail Aug 16, 2016 0 Egypt-based El Barbary Investment Group SAE -BIG (BIGP.CA) reported an increase in the second quarter’s profits and…
Tech news Egypt’s Raya Q2 net profit jumps 190% Ghada Ismail Aug 15, 2016 0 Egyptian information technology firm Raya Holding (RAYA.CA) reported a 190 percent increase in second quarter net…
Industry & Trade Egypt for Poultry shrinks losses to $80K in Q1 Ghada Ismail Aug 14, 2016 0 Egypt for Poultry (EPCO.CA) reported lower losses in the second quarter of the year, according to a bourse filing.…
Industry & Trade Ceramics maker Lecico Egypt turns into $4.6 mln losses in Q2 Ghada Ismail Aug 14, 2016 0 Egyptian ceramics maker Lecico Egypt (LCSW.CA) reported Sunday that it turned into loss in the second quarter of…
Industry & Trade Egyptian dairy company Domty says Q2 net profit 47% down Ghada Ismail Aug 14, 2016 0 Egyptian dairy company Arabian Food Industries Co - Domty (DOMT.CA) reported 47 percent y-o-y decline in second…
Industry & Trade Egypt’s MB for Engineering says H1 profits up 39% Ghada Ismail Aug 13, 2016 0 Egypt’s MB for Engineering and Contracting reported a 29 percent y-o-y rise in first half sales to reach 60 million…
Tech news Telecom Egypt Q2 net profit jumps 139% Ghada Ismail Aug 11, 2016 0 Telecom Egypt (TE) reported Thursday a 192.6 percent y-o-y jump in second quarter net profit 1.1…
Industry & Trade Egypt Aluminum Q4/FY2015-16 profits surge 179% Ghada Ismail Aug 8, 2016 0 Egypt Aluminum Co – Egyptalum (EGAL.CA), the largest aluminium producer in Egypt and one of the largest in Africa,…
Tech news Nokia plans more cost-cutting after profit falls 45% Ghada Ismail Aug 4, 2016 0 Nokia Corp. reported a 45% fall in second-quarter profit that fell short of market expectations and vowed to step…
Tech news Dorsey’s Square reports 41.5 percent rise in quarterly revenue Ghada Ismail Aug 4, 2016 0 Mobile payments company Square Inc on Wednesday reported a 41.5 percent jump in revenue and diminishing losses as…
Tech news Tesla Motors posts less than expected second quarter profits Ghada Ismail Aug 4, 2016 0 Tesla Motors Inc reported a steeper than expected quarterly loss on Wednesday on higher spending at its vehicle and…
Industry & Trade Univert Food Industries H1 profits fall 10.6% Ghada Ismail Aug 3, 2016 0 Egypt’s Univert Food Industries (UNFO.CA) reported a decline of 10.6 percent in profits in the first half of the…
Tech news Sharp first quarter loss declines on cost cuts, but revenue plunges by a third Ghada Ismail Jul 30, 2016 0 Japanese electronics maker Sharp Corp reported a smaller first-quarter loss helped by restructuring and cost…
Tech news Xerox profit beats estimates as cost cuts begin to pay off Ghada Ismail Jul 30, 2016 0 <span class="articleLocation">Printer and copier maker Xerox Corp reported a higher-than-expected…
forex news Yen hit by scale of reported fiscal plan, new bond talk Noha Gad Jul 27, 2016 0 Reports of a larger than previously expected fiscal stimulus plan for Japan had the yen back on the defensive on…
Tech news Twitter revenue growth freezes, struggles to boost users Ghada Ismail Jul 27, 2016 0 Twitter Inc reported its slowest revenue growth since going public in 2013 and set a disappointing forecast,…
Tech news Orange profits upfollowing EE sale Ghada Ismail Jul 26, 2016 0 France's largest telecoms company Orange SA on Tuesday reported a sharp rise in first-half net profit mainly due to…
Tech news Huawei sees revenues growth in the first half of 2016 Ghada Ismail Jul 25, 2016 0 Chinese technology and smartphone giant Huawei has reported a 40% surge in revenue for the first half of 2016. The…
Tech news EBay beats revenue estimate, bumps up forecasts Ghada Ismail Jul 21, 2016 0 Online retailer eBay Inc reported better-than-expected quarterly revenue and raised its sales forecast for the year…
Tech news Intel’s slowing data center growth overshadows strong profit Ghada Ismail Jul 21, 2016 0 Intel Corp on Wednesday reported slower revenue growth at its data center business, which makes semiconductors used…
Tech news HP Inc profit beats Street amid weak market for PCs, printers Ghada Ismail May 26, 2016 0 HP Inc, which houses the former Hewlett-Packard Co's legacy hardware business, reported a better-than-expected…
Tech news Cisco’s forecast exceeds Wall Street estimates; shares rise Ghada Ismail May 19, 2016 0 Network equipment maker Cisco Systems Inc reported better-than-expected results and gave an upbeat forecast for the…
Tech news ‘FarmVille’ developer Zynga’s quarterly bookings beat estimates Ghada Ismail May 5, 2016 0 "FarmVille" game maker Zynga Inc reported higher-than-expected bookings in the first quarter, helped by its slot…
Tech news Amazon’s profit and revenue surge eliminates doubts Ghada Ismail Apr 30, 2016 0 Amazon.com Inc's shares jumped in early trading on Friday, a day after the company reported profit and revenue that…
Industry & Trade Shell vows more cuts as annual profit sinks on weak oil prices Noha Gad Feb 4, 2016 0 Royal Dutch Shell (RDSa.L), Europe's largest oil company, reported its lowest annual income in at least 13 years on…
Banks NBK-Egypt Net Profit hits US$36m in H1 Noha Gad Aug 16, 2015 0 National Bank of Kuwait-Egypt (NBK-E) reported net profits of EGP 284 million (US$36.2 million)for the first half…
Egypt News 464 sentenced for Death in First Year of Sisi’s Rule – Report Noha Gad Jul 12, 2015 0 The Egyptian Observatory of Rights and Freedoms has reported that both Egyptian military and civilian courts issued…
MENA News Israel Denies Any Link To Reported Cyberattack On Iran Talks Amwal Al Ghad English Jun 11, 2015 0 An Israeli deputy minister dismissed as baseless on Thursday reports Israel may have had a connection to a computer…
Industry & Trade Shell Profit up 7% despite Sharp Fall in Revenue Administrator Apr 30, 2015 0 Royal Dutch Shell PLC on Thursday reported a 7% rise in first-quarter profit from a year earlier but also posted a…
Banks Barclays Reports 21% Fall in Pre-Tax Profits Administrator Mar 3, 2015 0 Barclays banking group, sponsor of football's Premier League, has reported a sharp fall in profits. Statutory…