Russia’s ’25 budget to face $11b deficit
The Russian federal budget for 2025 is projected to run a deficit of 1.173 trillion roubles ($11.02 billion), as…
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revenues
Egypt’s SCZONE revenue hits EGP 8.25b, up 36% in ’23-’24
The General Authority for the Suez Canal Economic Zone (SCZONE) achieved total revenues of EGP 8.25 billion during…
Egypt’s primary surplus reaches EGP 822b in 11m
Egypt's general budget has surpassed targets over 11 months, defying global challenges and corrective economic…
UniCredit targets ’24 success, to mirror ’23 performance
UniCredit bank announced on Monday that it aims to replicate its 2023 performance in 2024, despite economic…
Telecom Egypt revenues grow by 48%
Telecom Egypt reported on Tuesday a 48 percent year-on-year (YoY) growth in net profit after taxes, supported by…
Abu Dhabi Ports record 4% profit fall in Q2 of 2023
Abu Dhabi Ports Group (AD Ports Group) posted on Tuesday its profit on shareholders that fell by four percent in…
Lufthansa predicts summer travel boom after Q1 loss
German airline Lufthansa expected strong demand for holiday travel this summer, while it reported a loss in the…
Netflix secures $1.31bln net profit in Q1 of 2023
Netflix has posted a net profit of $1.31 billion, about $2.88 per share, while forecasts indicated revenue of $2.86…
e& reports net profit of $2.72bln in 2022
UAE telecom group e& reported on Monday a rise in consolidated net profit of AED10 billion ($2.72 billion) up…
Zoom shares jump 8% after Q4 results
U.S. Zoom company shares have jumped by 8 percent in extended trading on Monday after announcing its results for…
