Egypt-based Global Telecom reports Q2 net profit of $26.5 mln
Global Telecom, the Egypt-based group formerly known as Orascom Telecom, registered a net profit of $26.5 million…
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revenues
Wadi Degla eyes $677mn in Sales for 2016
Egypt-based real estate developer Wadi Degla Developments expects its sales revenues to record 6 billion…
Egypt’s Heliopolis Housing posts 95.7% rise in 2015/16 net profit
Egyptian developer Heliopolis Company for Housing and Development has posted a 2015/16 full year net profit of…
Egypt’s CIB posts higher net income, revenues in Q2
Commercial International Bank (CIB) , Egypt's largest listed company, on Wednesday reported a 28 percent rise in…
Vodafone says Egypt Q1 revenues fall to €362 mln on currency devaluation
Mobile operator Vodafone Group has registered revenues in Egypt worth €362 million (3.5 billion Egyptian pounds)…
Egypt 2016/17 budget sees deficit of 9.8%: finance ministry
Egypt's 2016/17 budget forecasts a deficit of 9.8 percent, the Finance Ministry announced in a statement on Monday.…
Egypt’s tourism revenues slumped 40.5 pct in 9 months
The Central Bank of Egypt (CBE) revealed that Egypt’s tourism revenues retreated 40.5% or $2.2 billion in the last…
Egyptian Airports Holding Company eyes $774mn-revenues in FY2016-17
Egyptian Holding Company for Airports and Air Navigation (EHCAAN) eyes achieving revenues of 6.8 billion Egyptian…
Qalaa records Q1 2016 net loss of $27.33 mln
Qalaa Holdings, an African leader in energy and infrastructure, recorded first quarter net loss of 242.7 million…
VW is after profiting from ride-hailing apps, mobility services
Volkswagen is looking at on-demand mobility services such as smartphone ride hailing to earn a "notable share" of…