Featured Honda’s consolidated sales revenue falls in Q2 ’25 Nada Ali Aug 6, 2025 0 Honda Motor Co. reported on Wednesday a 1.2 per cent decrease in consolidated sales revenue for the three months…
Featured Taiwan’s Foxconn revenue 25.5% YoY up in April Nada Ali May 5, 2025 0 Taiwan's Foxconn reported unaudited consolidated revenue of NT$641.4 billion for April 2025, marking a 16.16 per…
Egypt News President Sisi prioritises inflation control, social spending Nada Ali Aug 13, 2024 0 Egypt’s President Abdel Fattah al-Sisi on Tuesday instructed government officials to prioritise tackling inflation…
Featured UK Mondi to raise prices as demand surges Aya El Sayed Feb 22, 2024 0 British packaging firm Mondi announced on Thursday that it plans to increase prices across all paper grades this…
Banks ANZ’s Q1 boom boosts shares to 22-month high Aya El Sayed Feb 12, 2024 0 Australia's ANZ Group reported on Monday, that its first-quarter group revenue matched the quarterly average of the…
Money AstraZeneca forecasts profit rise Aya El Sayed Feb 8, 2024 0 AstraZeneca announced on Thursday that it anticipates a rise in this year’s revenue and profit due to strong demand…
Banks QNB reports 8% profit rise Aya El Sayed Jan 11, 2024 0 Qatar National Bank (QNB), the largest bank in the Gulf by assets, announced on Thursday an 8 per cent increase in…
Tech/AI Huawei announces half profit drop in Q1 of 2023 Nada Ali Apr 30, 2023 0 Chinese tech giant Huawei announced on Friday its profits of the first quarter of 2023, which saw a continue to…
Featured e& reports net profit of $2.72bln in 2022 Nada Ali Mar 7, 2023 0 UAE telecom group e& reported on Monday a rise in consolidated net profit of AED10 billion ($2.72 billion) up…
Tech news Telecom Egypt records 32% revenue increase in Q3 Nada Ali Nov 14, 2022 0 State-run Telecom Egypt (TE) has recorded a 32 percent year-on-year increase in revenue in the third quarter to…
Tech/AI Telecom Egypt Q1 revenue grows 12% y-o-y Amwal Al Ghad English May 31, 2022 0 State-run Telecom Egypt (TE) reported on Tuesday a 12 percent year-on-year in consolidated revenue for the first…
Money Egyptian property firm Palm Hills doubles revenue in H1 Amwal Al Ghad English Aug 18, 2021 0 Egyptian property firm Palm Hills Developments said on Wednesday its revenue for the first half of the year has…
Money Crédit Agricole Egypt says profit falls 41.9% in 2020 Amwal Al Ghad English Feb 10, 2021 0 Crédit Agricole Egypt, part of France’s second-largest bank Crédit Agricole, reported on Wednesday a 41.9 percent…
Money HSBC Q1 pre-tax profit falls nearly half due to coronavirus Amwal Al Ghad English Apr 29, 2020 0 HSBC, Europe’s largest bank, announced on Tuesday that its pre-tax profit tumbled 48 percent year-over-year to…
Tech/AI Huawei Q1 revenue growth slows sharply amid U.S. ban, virus headwinds Amwal Al Ghad English Apr 21, 2020 0 Huawei Technologies’ revenue growth slowed sharply in the first quarter but the world’s top telecoms equipment…
Sports Manchester City 2nd Premier League soccer club to pass £500 mln in revenues Amwal Al Ghad English Sep 15, 2018 0 Manchester City has become the second club in England's Premier League soccer to break the £500 million ($655…
Featured Vodafone reports 16.7% rise in Egypt first quarter service revenue Nayera Eid Jul 28, 2018 0 Vodafone Group Plc reported on Wednesday a 16.7 percent growth in its first-quarter service revenue in Egypt,…
World European markets close higher despite political uncertainty in Italy Amwal Al Ghad English May 26, 2018 0 European markets closed slightly higher on Friday amid continued uncertainty surrounding Italy's…
Banks Deutsche Bank Q3 profits more than double, smash market estimates Yomna Yasser Oct 26, 2017 0 German lender Deutsche Bank reported Thursday a strong increase in third-quarter net profit, beating analyst…
Tech news Facebook mobile and Instagram ad prices are booming, according to a Mizuho report Yomna Yasser Oct 21, 2017 0 Facebook ad revenue is on the way up, according to a new note from Mizuho tech analyst James Lee. The company is…
Industry & Trade Saudi Arabia establishing $2.7 billion entertainment investment firm Yomna Yasser Sep 21, 2017 0 Saudi Arabia’s sovereign wealth fund is creating an entertainment investment company as the deeply conservative…
Tech news AT&T studies sale of home security business: sources Yomna Yasser Aug 20, 2017 0 AT&T Inc (T.N) is exploring options for its Digital Life home security business, including selling it, as it…
Internet News With tourism in decline, Egypt hopes to repurpose former hotspot Yomna Yasser Aug 9, 2017 0 While Egypt’s tourism industry faces troubled times, one lawmaker is thinking of innovative ways to bring in…
Banks Credit Suisse posts 78% profit rise as AUMs hit record Yomna Yasser Jul 29, 2017 0 Credit Suisse reported on Friday a strong surge in net income for its second quarter, adding that assets under…
Tech news Orange Egypt losses jump by 3245% in H1 Yomna Yasser Jul 24, 2017 0 French telecoms company Orange posted a bigger first half loss in Egypt, its financial indicators showed Monday.…
Tech news Vodafone: Egypt revenue falls to €228 mln in Q1-FY2017/18 Yomna Yasser Jul 23, 2017 0 Vodafone, the world’s second biggest mobile operator, reported Friday a 37 percent revenue decline in Egypt during…
World European stocks close sharply lower as euro surges Yomna Yasser Jul 22, 2017 0 Bourses in Europe closed sharply lower on Friday as euro strengthened and fresh corporate earnings failed to…
Tech news Facebook is putting ads everywhere in hopes of finding the next News Feed Yomna Yasser Jul 16, 2017 0 Facebook has a cash cow. It's called News Feed, and for the past five years, it has been the company's core money…
Industry & Trade Egytrans reports continued triple digit growth in Q1 Yomna Yasser Jun 7, 2017 0 Egytrans, a leading provider of logistics and transportation solutions in Egypt, announced Wednesday its…
Tech news Suppliers fall if Apple has bad news, it could overcome a drastic iPhone slowdown Yomna Yasser May 31, 2017 0 Taiwanese manufacturer Hon Hai Precision Industry earns a notable chunk of revenue from assembling iPhones,…
Tech news Vodafone FY2017 revenue hits €1.3 bln in Egypt Yomna Yasser May 16, 2017 0 Vodafone, the world’s second biggest mobile operator, reported Tuesday an 18.6 percent decline in the 2017…
Tech news Telecom Egypt Q1 profit rises 5% Yomna Yasser May 15, 2017 0 Telecom Egypt reported a 5 percent rise in first quarter net profit, the state-owned landline monopoly said on…
Tech news Snap earnings ‘miss’ shows misreading of analyst ‘expectations’ Yomna Yasser May 14, 2017 0 A widespread view on Wall Street this week was that Snap Inc fell short of revenue forecasts when it posted…
Tech news Snap stock tanks after IPO expenses run up a $2.2 billion loss for Q1 Yomna Yasser May 11, 2017 0 Snap reported on Wednesday quarterly financial results for its first time as a public company, posting revenue that…
Tech news Google gets Australian tax office demand to pay more, says to fight it Yomna Yasser Apr 30, 2017 0 Alphabet Inc's Google said it will challenge amended tax assessments issued by the Australian Taxation Office…
Tech news Uber just opened up its books for the first time nada nasser Apr 15, 2017 0 Uber Technologies revealed a glimpse at its finances for the first time Friday, saying that its revenue growth is…
World European markets close lower, Fed rate hike eyed Yomna Yasser Mar 8, 2017 0 European markets closed lower Tuesday as investors digested fresh economic data and eyed a probable interest rate…
Tech news Lenovo Group net profit drops 67% Yomna Yasser Feb 16, 2017 0 Lenovo Group Ltd. (0992.HK) announced Thursday that its fiscal third-quarter net profit dropped 67% as revenue…
Tech news Vodafone revenue falls; confirms outlook Yomna Yasser Feb 2, 2017 0 Vodafone Group PLC announced Thursday that third-quarter revenue fell 3.9% to 13.7 billion euros ($14.78 billion)…
Industry & Trade Mercedes maker Daimler expects slight growth in 2017 operating profit, sales Yomna Yasser Feb 2, 2017 0 Mercedes maker Daimler guided for a slight increase in operating profit, unit sales, and revenue this year, barely…