Facebook shares soar as mobile drives big jump in ad sales
Facebook Inc (FB.O) smashed investors' expectations with a 52-percent jump in quarterly revenue as it sold more ads…
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revenue
EasyJet reveals impact of Egypt and Paris terror attacks
Budget airline EasyJet said Tuesday its first quarter has been impacted by the terror attacks in Paris and Egypt…
Alibaba revenue growth seen slowest on record
Chinese e-commerce giant Alibaba Group Holding Ltd is expected to post its weakest quarterly revenue growth on…
Egypt’s Suez Canal saw more ships, less US-dollar revenues in 2015
Despite seeing an increase in traffic, Egypt’s Suez Canal saw a drop in revenues in 2015, registering $5.17…
Occupancy rates in Cairo hotels likely to hit 55% in 2015: Colliers report
The occupancy rate in Greater Cairo hotels is expected to reach 55 percent according to Colliers International’s…
Egypt’s budget deficit rose 2.8 % in Q1 of FY2015/2016
Egypt’s total budget deficit rose to register 2.8 percent of the country’s gross domestic product during the first…
Egypt’s EFG Hermes records rise in Q3 net profit
Egypt's EFG Hermes, one of the Middle East's largest investment banks, reported Wednesday a rise in third-quarter…
Suez Cement reports Q3 net loss
Egypt's Suez Cement, the country's largest listed cement maker by market value, said it made a net loss worth 50…
Yahoo signs ad pact with Google; earnings and revenue miss
Yahoo Inc (YHOO.O) said on Tuesday it had signed a search advertising deal with Google Inc, providing a potential…
IBM revenue falls more than expected, cuts profit forecast
International Business Machines Corp (IBM.N) posted a bigger-than-expected drop in revenue and cut its full-year…