Egypt’s EFG-Hermes reports 38% decline in first-half profits
Egyptian investment bank EFG-Hermes Holding posted a 38 percent drop year-on-year in its net profits to 422.9…
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revenues
Egypt’s SODIC sales likely to exceed EGP 3 billion this year – Pharos
Egyptian investment bank Pharos Holding expected on Sunday that sales of the property developer SODIC will exceed 3…
Egyptian billionaire’s investment bank Beltone narrows six-month losses by 69.5%
Beltone Financial Holding, the Egyptian investment bank owned by billionaire Naguib Sawiris, reported on Sunday a…
Egypt’s Orascom Development first-half profits fall 57%
Egypt’s Orascom Development Holding reported on Sunday a 57 percent year-on-year drop in its net profits to 168.35…
Egyptian digital bill payments firm Fawry’s H1 profits jump 135.5%
Egyptian digital bill payments company Fawry recorded a 135.5 percent year-on-year jump in its net profits to 85.9…
Egypt’s property developer SODIC profits drop 80% in H1
Egypt’s Six of October Development and Investment (SODIC) posted an 80 percent decline in its profits during the…
Egypt’s Talaat Moustafa net profit after tax falls 13% in H1
Egypt's Talaat Moustafa Group (TMG) Holding posted a 13 percent year-on-year drop in net profit after tax during…
Huawei cuts India revenue eyes by up to 50%, laying off staff
Chinese telecom company Huawei Technologies Co. has cut its India revenue target for 2020 by up to 50 percent and…
Egypt’s Suez Canal revenues drop to $5.72 billion in FY2020
Egypt’s Suez Canal revenues declined to $5.72 billion during the 2019/2020 financial year from $5.75 billion during…
Egypt’s Qalaa first-quarter revenues rise 191%
Egypt’s Qalaa Holdings, a leader in energy and infrastructure, has recorded a 191 percent year-on-year increase in…
